Building models that show the impact of low carbon technology adoption on energy consumption
Our relationship with Octopus Energy means we have access to smart meter data. Ten of thousands of Octopus Energy customers own some form of low carbon technology, including electric vehicles, heat pumps, solar PV and home batteries. How these customers currently behave can provide important insights for those interested in the energy system of the future. We’re building the utility of these insights into a tool called Faraday.
Partners we’ve worked with in the past have highlighted how this dataset in advancing research, helping policymakers and shaping the Distribution Network Operator (DNO) to Distribution System Operator (DSO) transition. We therefore wanted to unlock its utility for the energy community, whilst strictly protecting customer data and privacy.