'UK's largest virtual power plant': Octopus Energy claims EV tariff users now providing 100MW of flexible power

clock • 2 min read
Credit: iStock
Image:

Credit: iStock

Intelligent Octopus tariff offers electric vehicle drivers cheaper rates to charge their car overnight at off-peak times

Octopus Energy claims it now manages more than 100MW of electric car charging power through its 'Intelligent Octopus' smart home energy tariff, which it says amounts to a flexible power supply greater...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Automotive

Tata battery business confirms plans for Somerset 'gigafactory'

Tata battery business confirms plans for Somerset 'gigafactory'

Agratas reveals location for Tata Motors and Jaguar Land Rover battery gigafactory at the Gravity Smart Campus near Bridgwater in Somerset

Stuart Stone
clock 28 February 2024 • 4 min read
'Simply unsustainable': UK's surging SUV car sales stoke climate and air pollution warnings

'Simply unsustainable': UK's surging SUV car sales stoke climate and air pollution warnings

Sales of large, fuel guzzling SUVs are rapidly rising in the UK and could make up three-quarters of passenger car sales by 2027, analysis finds

Stuart Stone
clock 23 February 2024 • 4 min read
UNEP raises alarm about heavy duty vehicle emissions

UNEP raises alarm about heavy duty vehicle emissions

UN agency calls on countries to collaborate on standards that enhance emissions standards for second-hand trucks shipped to developing nations

Cecilia Keating
clock 22 February 2024 • 3 min read