The Anonymous Widower

‘Flying Taxi’ Made In Britain Takes Off On Maiden Flight

The title of this post, is the same as that of this article on The Times.

There is a video of the plane, which can carry a 250 Kg payload.

I don’t think we’ll see practical aircraft of this type in large numbers for some years yet, but the technology is getting there with scores of projects starting up all over the world.

This project is funded by Stephen Fitzpatrict, who founded OVO Energy.

October 17, 2019 Posted by | Transport | , | Leave a comment

Ovo’s Kaluza Partners With Powervault To Offer Smart Storage Service

The title of this post, is the same as that of this article on Business Green.

Read the article, as it shows the way domestic energy will be going in the next few years.

  • Every house or collection of houses will have a battery.
  • If there is a parking space there will be a charging point for an electric car.
  • Like my house, many will have solar panels.
  • An intelligent control system will tie it all togerther to minimise electricity bills.
  • I suspect in the next couple of years, I will fit an energy store and a car charging point in my garage.

I may not have a car, but if I sell the house, it would make it easier to sell.

This article on Podpoint is entitled Adding Value To Your Property With EV Charging.

It makes some interesting points.

October 8, 2019 Posted by | Transport, World | , , , | 3 Comments

Ovo Partners With Glen Dimplex To Deliver Smart Heating

The title of this post is the same as that of this article on Utility Week.

If you read the article, you will find out how the humble electric storage heater could be joining the smart electricity grid.

This is a paragraph.

It says the facility to store excess energy can lower the cost of electrification by reducing the need for backup generation and investment in the power grid to increase its peak capacity. Analysis by Imperial College London has indicated that deploying smart flexible heating could cut decarbonisation costs by £3.9 billion per year.

This is going to be technology to watch.

Especially, if your heating needs are best met by some form of electric storage heaters.

March 1, 2019 Posted by | World | , , , | 2 Comments

Mitsubishi Takes 20% Stake In Ovo Energy

The title of this post is the same as that of this article on Newscabal.

A few points from the article.

  • The stake values Ovo at around a billion pounds.
  • £216million will be injected to help fund international expansion.
  • Ovo is now the seventh largest energy supplier in the UK.
  • Ovo will be investing more in software to reduce domestic energy bills.
  • Mitsuibishi are already involved in wind power in the UK and own Artemis Intelligent Power, who are devekloping their hydraulic technology for wind turbines.

The article is very much one that should be read.

 

February 14, 2019 Posted by | World | , , , | Leave a comment

Spark Energy Supply Switch To Ovo Energy Going ‘Smoothly’

The title of this post is the same as that of this article on the BBC.

If the article is true, which as it is on the BBC, I feel there is a high chance that it is, I think that this means, that OFGEM has now got a backstop for those customers, who choose an energy company that fails.

It probably means that there is less risk in changing to an energy company, that you don’t know, but was recommended by a trusted friend or a reputable consumer affairs program or magazine.

As to OVO, I have used them for several years now, as have several of my friends.

January 31, 2019 Posted by | World | , | 11 Comments

Economy Energy Customers Moved To Ovo Days After Ninth Bankruptcy In A Year

The title of this post is the same as that of this article on City AM.

These are two paragraphs from the article.

Ovo has already established itself as a so-called supplier of last resort, willing to take on customers of companies which are unable to keep trading.

In November it started serving almost 300,000 customers who were left without an energy supplier when Spark Energy went bankrupt.

Ovo is certainly growing its customer base from bankrupt suppliers and I hope it has got its sums correct and doesn’t overstretch itself.

It must be getting very practised at handling customers worried about their energy supply and costs.

In addition, it is showing itself to be an innovative supplier and is venturing into new markets.

January 12, 2019 Posted by | World | , | 1 Comment

Funding Injection For Smart Central Heating Project

The title of this article is the same as that of this article in The Scotsman.

This is the first two paragraphs.

East Lothian-based thermal energy storage specialist Sunamp and energy supplier OVO have secured seven-figure funding to develop a commercially viable smart central heating system.

The project brings together OVO’s intelligent energy management platform, called VCharge, with Sunamp’s super compact “heat batteries” which are said to store four times more heat than hot water tanks of a similar size.

This sounds like an interesting concept from Sunamp and OVO.

This video from Fully Charged, shows Sunamp’s thermal batteries in action.

I believe we’ll be seeing more of thermal batteries!

December 22, 2018 Posted by | World | , , , | 5 Comments

Spark Energy Supply Ceases Trading

The title of this post, is the same as that of this article on the BBC.

The important thing in the BBC’s post is this section.

Ovo Energy has confirmed it has entered into a conditional agreement to buy the company and take on its customers.

Ofgem said the energy supply for Spark’s 290,000 customers would continue as normal.

It advised customers to take meter readings, and said outstanding credit balances would be protected.

It appears that the safety-net is working.

Incidentally, I am a customer of OVO and I have had no problems, except with getting my smart meter installed.

I also have several friends, who chose OVO independently of me, who don’t seem to be having problems.

So hopefully, Spark Energy Supply’s customers will be looked after professionally.

Conclusion

My advice to anybody affected by the failure of Spark Energy or any other energy company, is make sure you have all your information with the meter numbers together.

Then sit tight for a few weeks and see how it all goes, before choosing a new supplier if you feel you need one.

It might also be a good idea to listen to Paul Lewis on Radio 4’s Moneybox today.

November 24, 2018 Posted by | World | , , , | 2 Comments

OVO Energy Drops 4 Product Bombshells, Including New Vehicle-to-Grid Charger

The title of this post, is the same as that of this article on Clean Technica.

This is the first paragraph.

n London yesterday, OVO Energy took to the stage and dropped not one new product but four product bombshells that are aimed at creating a new energy ecosystem that is accessible to residential energy consumers.

The products are.

  • A Vehicle-to-Grid Charger for the Masses
  • 7kW Smart Charger
  • One Ring To Rule Them All
  • Residential Energy Stoage

The article discusses them in detail.

If I still drove, I’d be very interested in the vehicle-to-grid charger, as I’d fit one in my garage.

The amount of car use, I would have would probably be fairly minimal, so most of the time the car would be sitting in the garage, acting as a storage battery for the National Grid.

Suppose ten million homes in the UK, had a vehicle-to-grid charger and an electric car with a 30 kWh battery. that would be 300 MWh of energy storage, which would be ideal for storing wind energy generated at night.

April 20, 2018 Posted by | World | , , | 1 Comment

Is A Cap On Energy Prices A Good Idea?

All political parties including the Motherhood and Apple Pie Tendency think this is a good idea, but I’m not sure.

I changed to OVO Energy, one of the smaller companies a couple of years ago, so I looked up on a comparison site to see if I could make a big saving by changing supplier.

Sixty-three suppliers would give me a saving of up to four pounds a month.

As my solar panels haven’t been installed for a year and I don’t know the full affect on my bill yet and I would be changing with solar panels, I shall not be changing my supplier now.

But the interesting figure is that sixty-three different deals were offered. That says to me that competition is working in the energy field.

An Ideal Energy Market

Most consumers would prefer a fixed low price.

But surely, that is impossible as there has to be an equilibrium between the price energy companies pay for their energy and the price they charge consumers.

What happens if there is a global crisis and energy prices are universally high?

The other problem with a low energy price, is that doesn’t encourage consumers to save energy.

The UK’s Energy System

The energy system and market is a constantly changing dynamic system and since energy privatisation in the UK, there have been massive changes to the generation, supply and use of electricity.

  • A nnetwork of interconnectors is starting to stretch over Western Europe to allow interchange of electricity.
  • Wind and solar power generation are increasing dramatically.
  • Coal is dead for generating electricity.
  • Consumers have invested in low-energy appliances.

There will be more developments in the next few years.

  • A planned interconnector to Iceland could be a game changer.
  • Solar panels and energy storage will increasingly be fitted to homes.
  • Millions of electric cars will be sold.
  • Some high-priced nuclear energy will come on stream.

All of these developments have and will continue to move the energy price up and down.

As a Control Engineer, I know that the best way to get a dynamic system like this to a stable point acceptable to all parties, is to apply as few restrictions as possible.

An energy price cap will impose a condition, that will distort the equilibrium and it might not be in the way that politicians want.

Politicians would be better to concentrate on actions that helped the current system find an equilibrium acceptable to all.

  • Make it as easy as possible for consumers to change energy supplier.
  • Avoid backing high-priced energy generation like Hinckley Point C.
  • Promote lower-cost generation and energy storage systems.
  • Fund energy research at universities.
  • Build more interconnectors.

But above all they should not distort the market.

As an aside here, I don’t object to Nicola Sturgeon setting up a tax-payer funded energy company in Scotland. In a free market, it will only promote more competition and possibly lower prices.

But it might lose Scotland a lot of money!

October 12, 2017 Posted by | World | , | 3 Comments