Energy supplier Octopus Energy has partnered with battery giant Tesla to integrate its Powerwall technology into the Kraken platform, enabling the optimization of solar PV technology.
According to Octopus Energy, Powerwall customers can maximize their revenue by drawing cheap, clean energy from the grid when it is most abundant and then charging it onto the grid at peak times. This is fully automated using Octopus’ own platform Kraken.
Tesla’s Powerwall is a battery that stores energy, detects faults and automatically becomes your home’s energy source if the electricity grid fails. When combined with other renewable energy generation sources, such as solar energy, it can create a self-sufficient home while reducing energy costs.
This is the principle of the new partnership. For example, customers have access to a range of smart tariffs from Octopus, such as the ‘Intelligent Octopus Tariff’. This tariff offers the same rate for importing and exporting electricity, with a 21-hour window costing 10% less than Octopus Energy’s standard variable ‘Flexible Octopus’ tariff and a three-hour peak window from 4pm to 7pm.
In addition to the integration, Octopus Energy is now certified to install the Tesla Powerwall in Spain and Great Britain. The solar home batteries will be installed by Octopus’ service department.
Rebecca Dibb-Simkin, head of product and marketing at Octopus Energy, said: “Two energy technology giants are coming together to bring the most of clean technology into people’s homes. Now that Powerwall has been integrated into Kraken, it will deliver further savings for customers while helping to balance the grid.”
This article first appeared in Solar Power Portal’s sister publication Current±.
