What’s it all about?
Reducing carbon emissions.
Did you know that more than a quarter of the UK’s electricity comes from renewable sources?
Our energy supply is getting greener, and as it does so it depends increasingly on the unpredictable British weather. This means sometimes the cheapest (and greenest) energy is available in the early hours of the morning. At other times, it’s the middle of the afternoon. Sometimes it’s just before lunch.
It’s impossible for most people to keep track of when cheap, clean energy is available, so a huge source of flexibility in the UK grid is currently being lost.
UK Electricity Generation Sources, 2017
figures from BEIS Energy Trends (link)
Down with gas and petrol
Up with flexibility
At the same time as renewables flood onto the grid we are moving away from carbon-intensive energy sources such as petrol, diesel, gas, and oil. New technologies such as electric vehicles (EVs) and heat pumps are expected to dramatically increase household electricity demand over the coming years. This change is good for the environment – but bad for our electricity grid. If all the houses in a suburban street started charging their EVs simultaneously they’d take the local grid down.
That’s why we now need smarter ways to manage what energy is used and when. We need flexibility.
Our VPP is all about rewarding household energy users for their flexibility, shifting energy usage to automatically make the most economic and environmental sense, and will be a key part of the transition to a low-carbon energy economy.
Increase in plug-in electric car registrations over time
figures from Department of Transport Vehicle Licensing (link)