Octopus Energy and charging technology specialist Ohme confirm some EV drivers were paid £5 last weekend, as they charged 600 miles worth of electricity – enough to drive from London to County Durham and back. With the grid facing a surplus of power National Grid paid generators over £50m to take renewable energy sources offline. Meanwhile, customers on flexible electricity tariffs were incentivised to help offset low power demand and soak up excesspower demand by increasing power use if possible. As such, EV drivers on Octopus Energy’s ‘Agile’ flexible electricity tariff using an Ohme smart charging cable or home charger – which lets electric vehicle drivers charge when prices are lowest – were paid to charge their car. On Saturday, when electricity prices were negative for more than 12 hours, drivers were paid 11p per kilowatt hour for power used, according to Ohme and Octopus Energy.
Business Green 29th May 2020 read more »