Agile pricing explained Our Smart Tariff and IoT project manager Phil Steele teams up with Head of Data Science David Sykes to explain the calculation model behind Agile Octopus' dynamic pricing.

Great blog here
octopus.energy/blog/agile-p...

But no explanation of higher standing charges

@octopus.energy I've just switched to you and am super excited to be able to have Agile electricity tariff!

I was a bit surprised as to why the standing charge on Agile is higher than Tracker/Flexible though? Shouldn't the higher risk on the consumer side mean lower fixed cost?

Fair standards of living is crucial, but I'm trying to find out what wealth taxes the UK had in the 50-70s? I find that Estate duty was like an inheritance tax and that a one off wealth tax was there in 1948 (Special contribution of the Finance Act). But no recurring wealth tax?

Interesting! But as I understood the Warwick study this was for a one-off wealth tax, not a recurring one? Or did I understand it wrong

Love this concept. And you could combine it with filling up the last two or three wagons at another station on the way maybe.

I guess practically it would be super hard to get border police on a train maybe? But should be explored what happens to people that can't continue

The biggest saviour is that interrail reservations have stayed at 30€ for eurostar.

But they are happy to keep supplying it with gas?

More interconnection is good for europe as a whole, but how can Norwegian households be made to benefit from exporting their electricity? Similarities with France and nuclear.

Great Episode! However I'm struggling to find some of your recommendations on people to follow in the topics at minutes 5 & 6. Would you mind writing them down? Your website's automatic transcript did even worse than me 😅

Warum? Electricity maps und deren flow tracing algorithmus ist tatsächlich die beste datenbank um diese debatte zu informieren. Sie berrechnen genau pro halbe stunde wie viel strom von welches Land zu welches andere fließt und kriegen daraus gCO2e/kWh.

Die dokumentation ist ganz auf Github

Sehr spannend!

The main reason why wind is considered rather than gas is because it is cheaper, especially when current carbon pricing (not allowing companies to pollute our air for free) is included

UK electricity grid in 2023 vs a scenario for 2030. Electrification and wind/solar/batteries will mean the country will be less dependent on international gas markets: what an exciting revolution of which we can be a part!

The UK's amazing wind potential could make it an energy superpower!

I'm not anti-nuclear: it's probably worth it to keep running existing plants as long as is economically viable. But as we are investing in big projects to have a greater diversity of electricity supply, maybe a Europe-America electricity connection should be seriously considered!

How does this compare in the UK?

Great initiative! We need more efforts like yours

Renault Group, We Drive Solar and MyWheels join forces with the city of Utrecht to launch Europe's first V2G enabled car-sharing service - Newsroom Renault Group Boulogne Billancourt – November 27, 2024: Utrecht is taking a bold step towards more sustainable mobility with this groundbreaking collaboration. This initiative aims to facilitate the large-scale ava...

Carsharing while enabling a higher penetration of renewables in the grid? Now we're talking: Utrecht (Netherlands) will see 500 Renault 5s, which could provide 10% of the city's needed grid flexibility to allow more wind and solar to replace fossil electricity generation!

In so many ways Bluesky is so much nicer than ex-Twitter or other social media. Somehow under this post it's not the case yet 😅

Est ce que McFly & Carlito serait une petite exception?

Check out this website for more info (available if you live near a handful of wind farms in the UK & Germany afaik)
www.octopusenergygeneration.com/blog/the-oct...

Met anyone who doesn't want wind turbines near their home? This will blow their mind! 🌬️
In the UK (and soon Germany) this energy company is offering it's customers 20% cheaper electricity when it's windy and 50% cheaper when it gets super windy!

Imagine what this would do NIMBYism!

Plus for people who don't have a feeling for what 70k miles means, putting these numbers in context would help.

A quick search tells me that petrol cars tend to last 200k miles and electric cars 300k miles. No source but if true that would be very relevant context for an 🍏 to 🍎 comparison 🙂

Assuming charging at home/overnight, that would bring down the British cost break even from 70k miles to 25k (or 110 000 km to 40 000 km).
Btw why didn't you put miles & km on the graph?
Even 5-10% rapid charging doesn't change the numbers much.

Great charts/research! @ainsliejstone.bsky.social @michellehennessy.bsky.social @oliviafvane.bsky.social
The growth of dynamic electricity tariffs for EVs will be the key to bringing down the costs of home charging: 23.8p/kWh on a fixed rate vs 8.5 p/kWh overnight for the EV night rate at Octopus

They probably assume that most charging can be done at home (often not true if you live in an appartment/in a city without dedicated parking), but also that charging happens at the basic electricity rate. You can get a lot better deals!

Source (paywall) www.economist.com/graphic-deta...

This graph shows the distance after which an EV is cheaper/less emitting than a petrol equivalent.
1) most cars should be able to be plugged in at home/work, and with electricity rates that reward flexible charging
2) the grid gets less polluting every year so this will drop further
(x1.61 for km)

Batteries on wheels: the untapped potential of EVs A Fraunhofer study for T&E outlines the potential economic benefits of 'vehicles to grid' technology.

Link for full Briefing and the Frauenhofer study it was based on. www.transportenvironment.org/articles/bat...

The battery of your electric car could power your home for about a week! And it would charge/discharge so slowly that it's actually better for battery life 😱 this is not a dream but available in cars today like the Renault 5. Find out more about the potential in this report by T&E ✅

Ep88: Patrick Graichen 'Germany's Secretary of State for the Energiewende' Patrick Graichen is a State Secretary at the Federal Ministry for Economic Affairs and Climate Action. He has held this post since 15 December 2021 and is responsib…

So exciting and glad it's not just the US!! Ever since Michael Liebreich's interview of Patrick Graichen this has seemed like a perfect solution for German winter heating (rather than H2 Gas turbines) www.cleaningup.live/ep88-patrick...

And since this is tech developed by fracking companies we can hope it will still be encouraged under Trump?

A key issue for increased renewable roll out is more demand flexibility: reward people for charging cars when ~0 marginal cost renewables are generating. In UK/Germany dynamic electricity tariffs mean that if you have an electricity price varying every 30min, you can save a lot of money on average.