The way customers use energy is changing in fundamental ways. Home energy technology - electric vehicles, air conditioners, solar and storage - can be a headache for utilities and grids, but active load management can unlock great value for customers and utilities.
London-based Octopus Energy is a leading energy supplier with over 7,700,000 customers worldwide, across the UK, US, Europe, and APAC. It is at the forefront of domestic load shift, launching its first time-of-use tariffs in 2018. It launched "Intelligent Octopus" in 2021, a product for actively managing customer demand and saving several hundred dollars per customer per year. Intelligent Octopus, powered by Kraken's SmartFlex platform, has grown to become the world's largest managed charging fleet, consisting of 140,000 connected devices, equivalent to 900MW of controllable load.
In this Load Management Dialogue, Octopus will share its journey creating customer products around load shifting, how it applies this in the US and other countries, and learnings for mobilizing greater amounts of connected load.