A smart charging pilot programme funded by the California Energy Commission (CEC) shows EV charging based on dynamic price signals outperforms time-of-use (ToU) rates.
More than two-fifths (42%) of electric vehicle (EV) drivers are being exposed to higher charging prices due to a lack of dedicated home charging points.
Only a quarter of private electric vehicle (EV) drivers are on time of use (ToU) tariffs, while high wholesale prices and volatility will continue to limit uptake, Cornwall Insight said.
Octopus Energy has acquired advanced energy software Configurable from Marvel Labs, in a move that will "super-charge" its Kraken platform’s market supply capabilities.