For a real world example, Octopus energy in the UK will do this with your EV charger if you are on certain tariffs.
Comment on Tesla paid Powerwall owners $10 million through virtual power plants
houseofleft@slrpnk.net 4 days agoPretty likely that they might be. The logic works differently in a few different markets but essentially:
- You demonstrate your mean usage at a given time, say 2kw
- You trade 1kw
- You demonstrate that you used 1kw less than normal
- You get paid
(obviously only in certain markets, but these are fairly widespread)
houseofleft@slrpnk.net 4 days ago
Buffalox@lemmy.world 4 days ago
Our electricity consumption is monitored near real time and is available on eloverblik.dk
Where you can log in to get a collective exact overview of import and export for every property you own or rent.
There would never be a requirement of documenting it, because any energy company that would require that info, you would grant access to it, so the can read it automatically.
So here by far the most normal is to pay by the hour, but we do not have credits for reduced consumption, which also IMO sounds a bit stupid, because the reduced consumption would just become the new normal.
So I’m surprised you claim it’s widespread.
houseofleft@slrpnk.net 4 days ago
Ok, fine I guesss? I’m not advocating for anything, I’m just telling you about something that exists.
This sounds a lot like you’re implying that I would make this up, I have no idea why you think this but DFS, balancing service, and the UK balancing mechanism are all UK markets that allow you to do this. The UK isn’t unique, but I’m not as familiar with other energy markets.