UK Energy

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A place to post links and discussions around the UK's energy production, National Grid, energy consumption, and green energy news.

See https://grid.iamkate.com/ for the UK's current energy production and sources.

Created 23/07/23

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UK’s wasted wind power laid bare by new Octopus tracking tool (www.rechargenews.com)

submitted 4 weeks ago by i_am_not_a_robot@feddit.uk to c/energy@feddit.uk

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Britain wasted £649m already this year powering down wind farms as there is not enough grid capacity to send renewable energy where it is needed, utility finds

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[–] wewbull@feddit.uk 3 points 4 weeks ago* (last edited 4 weeks ago) (1 children)

Octopus was set up because they felt they could use technology to out-compete other energy companies by under-cutting them. Their model of operating is to find ways they can drop prices.

It's a model that has served them very well, going from zero to a multi-national energy supplier in about 10 years with more customers than nearly anyone else.

[–] tetris11@feddit.uk 1 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

I guess whilst they're in the consumer-friendly phase of their business growth cycle, I'm rooting for them, I just wonder about the future once they've cornered the market

[–] wewbull@feddit.uk 2 points 3 weeks ago (1 children)

Amazingly, they're huge now and still consumer friendly. Just watch out for when the current CEO leaves.

[–] tetris11@feddit.uk 1 points 3 weeks ago

Just watch out for when the current CEO leaves.

Oof, amen.