If it wasn’t miserable enough being told that I have to spend the next month at home, now I have ‘Pete’ from Octopus Energy emailing me and asking if I would mind terribly turning off a few appliances between 4.30pm and 6.30pm. If fact, he says, if I can halve my energy usage during those hours he’ll give me a half price deal on the rest.
Apparently it’s because the National Grid has issued an ‘electricity margin notice’ for those hours – basically a plea for Britain’s remaining coal and gas power stations to turn up the power and squeeze a little more energy out of their plants. That’s not going to be easy, admits Pete, and so electricity companies like his are going to be paying through the nose for the power – ten times as much as normal, he says. Hence the plea for me to switch off the TV, or whatever.
That is a ‘smart’ electricity grid for you: balancing supply and demand through price management.
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