Greg Jackson

I think it's the default.

It might be 80%.

Anyways, and then all they do is plug in when they get home and we'll decide exactly when it charges.

They get the charge they want.

But by us being able to control it automatically, it's not only grabbing electricity at the cheapest times, typically when it's windy and sunny, but it's also able to, for example, help balance the grid, help reduce the risk of the exact issues we've just been talking about.

And in return, they get very cheap driving.

So the scale of this is mad.

In three years, we've gone from zero to 1.7 gigawatts.

Now, that's the equivalent of nearly two mid-sized nuclear power stations.

For free, right?

Because basically, this is a byproduct of the car.

That's when cars, EVs, are only 5% of the fleet in the UK.

So as you get towards EVs being 100% of the fleet, this isn't a bolt onto the energy system.

It is the energy system.

We're at the stage now

whether we're going to be winners and losers.

So, for example, you mentioned zonal pricing and that, I mean, more than half the electricity in the OECD is under some locational pricing model.

It is the norm.

But as countries move to it, it means that, you know, some of the generators today that get paid that high national price for every unit, even though they'd happily charge less, get paid less.

They still get paid