Re:Ercot nearly at capacity for Texas power grid
by jonatron on Monday February 15, 2021 @04:21AM
(#26140811)
Half-hourly electricity pricing exists in the UK: https://octopus.energy/agile/
I'm considering switching to it actually.
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Re:Ercot nearly at capacity for Texas power grid
by londons_explore on Monday February 15, 2021 @04:37AM
(#26140943)
Notice that it's pseudo-realtime pricing... The price for a given half hour is set the day before. That means the price can't adjust for unpredictable events like a power station failing.
Re:Ercot nearly at capacity for Texas power grid
by jonatron on Monday February 15, 2021 @04:45AM
(#26140998)
Oh, cool, interesting to see a similar thing exists elsewhere. It looks like Griddy is missing a reasonable price cap though.
Re:Ercot nearly at capacity for Texas power grid
by monkeydust on Monday February 15, 2021 @04:30AM
(#26140886)
Interesting offering. This is where you want a battery (electric car counts as one). Costs need to come down first.
Re:Ercot nearly at capacity for Texas power grid
by jonatron on Monday February 15, 2021 @04:34AM
(#26140915)
I actually don't have a battery. I have a large hot water tank with immersion heaters, heated overnight. I'm already on "economy-7", which is where the price is cheaper for 7 hours overnight.