Mainly the reason is that many countries do not have hourly capable meters, so calculating the price for each hour is not possible. Flat rate is needed when you just have the cumulative read once a month.
In Finland the meters communicate automatically once a day, and send the 24h values to grid company. The next generation meters which are now installed can communicate once a hour.
Sounds more like an incentive to put up solar panels and battery storage. Even if it isn’t enough to go off grid totally, you can at least store on cheap days.
Mainly the reason is that many countries do not have hourly capable meters, so calculating the price for each hour is not possible. Flat rate is needed when you just have the cumulative read once a month.
In Finland the meters communicate automatically once a day, and send the 24h values to grid company. The next generation meters which are now installed can communicate once a hour.
30% of Finns are on spot.
Oh interesting, never knew that’s a thing. Sounds mostly like a good development to make people more conscious about their consumption.
Sounds more like an incentive to put up solar panels and battery storage. Even if it isn’t enough to go off grid totally, you can at least store on cheap days.