Octopus is doing hourly blocks, and is limited to a single provider. It's an interesting idea and broadly heads in the right direction, but is far away from what I'm describing.
What I describe would be real-time with seconds-level granularity and operated by the grid operator as part of the distribution network and thus provider-agnostic. The idea is to (financially) incentivize people to shift their demand and production around grid fluctuations in real-time - this should allow everyone to get "more" out of the grid by better coordinating supply and production and respond to unexpected events.
What I describe would be real-time with seconds-level granularity and operated by the grid operator as part of the distribution network and thus provider-agnostic. The idea is to (financially) incentivize people to shift their demand and production around grid fluctuations in real-time - this should allow everyone to get "more" out of the grid by better coordinating supply and production and respond to unexpected events.