KrakenFlex deal to see Danske Commodities step into UK flexibility market
Energy trading firm Danske Commodities is to contribute to grid flexibility across Europe and America, having signed a five-year deal with Octopus Energy Group’s KrakenFlex.
Energy trading firm Danske Commodities is to contribute to grid flexibility across Europe and America, having signed a five-year deal with Octopus Energy Group’s KrakenFlex.
KrakenFlex CEO Devrim Celal tells Current± about how "we're at a point where people realise you can't live without flexibility", with global expansion plans in place for this year.
KrakenFlex, the energy flexibility arm of Octopus Energy Group, has partnered renewable energy solutions provider Hydro REIN for several projects across Europe and North America.
Eelpower and Habitat Energy have signed a three-year battery optimisation agreement for two battery storage assets.
Octopus Energy Group is expecting to take a £100 million hit from the energy crisis, the company announced alongside its FY20/21 results.
A new partnership between the Greater Manchester Combined Authority (GMCA) and Octopus Energy is to examine increasing the flexibility of Greater Manchester’s energy supply and create new jobs.
Octopus Energy Group has signed an new deal with Elia Group at COP26, to build a smart green energy grid across Belgium and Germany.