[paule89]

Well dynamic pricing only ever works until you have a power outage in the winter and suddenly you pay a years worth of money for the 1 hour you could use your fridge, during a snowstorm.

[wrxd]

It’s still capped at £1/kWh, which is a lot but also a price I’ve seen maybe for a few slots on a couple days in the last three years.

The price was known ~1 day in advance so I had the choice to fill up the battery with cheaper (but still high) prices overnight and reduce the impact

[manarth]

Consumer pricing in the UK is regulated with a price cap (per kWh), so consumers can't be fleeced in an unexpected event.

Business energy users aren't protected, so they buy long-term contracts, hedge, or go-under in the event of an unforeseen energy-shortage.

[HPsquared]

That's what batteries are for.

[Ekaros]

That is the trade off for renewables. Power is very expensive when needed and very cheap when not.

[leonidasrup]

Electric power is very expensive when demand is greater than supply, very cheap when supply is greater than demand.

[HPsquared]

One property of electric power grids is that supply exactly equals demand.