Octopus Energy
Intelligent Octopus machine-learning EV charging
Octopus managed over 100MW of EV charging through its smart tariff
Problem
Electric-car charging added demand to the grid. Drivers needed their cars ready on time while avoiding expensive charging periods.
Approach
Octopus launched Intelligent Octopus in 2022. Customers set their required charge and departure time in its app, while Kraken scheduled charging around energy availability and grid demand. The company's annual report identified machine learning as part of the underlying platform.
Results
Takeaway
Customers specified when they needed their cars, while Octopus controlled the charging schedule. The reported capacity measured the service's reach rather than independently measured savings.
Categories
- Size
- Large enterprise
- Industry
- Energy and utilities
- Business function
- Production and quality
- Innovation type
- Product and service innovation
- AI technology
- Predictive analytics and MLOptimization
- Adoption
- Built in-house
- Evidence
- Company's own claim
Sources
Source summaries
Octopus reported managing over 100MW of EV charging. It described customers setting charging requirements and Kraken scheduling the electricity use.
The report described the machine-learning capabilities behind Kraken and its SmartFlex demand platform. Intelligent Octopus adjusted device schedules using customer preferences and electricity-market conditions.
Full details are in the original sources.