Octopus Investments has made a multi-million-pound investment in independent Distribution Network Operator (IDNO) Eclipse Power, marking its maiden investment in the networks sector.
Octopus Energy has been awarded just over £13 million to cover the debts of defunct supplier Iresa Energy as a tenth energy retailer went bust.
Arsenal football club’s Emirates Stadium has become home to what could be the first behind the meter battery of its size to be aimed at wholesale energy trading over frequency response.
Almost a third of consumers shift their electricity consumption out of peak times if given the right tools to engage in their usage patterns according to the findings of an energy time of use tariff study.
Vehicle-to-grid (V2G) technology could provide 38GW of flexible capacity to the grid by 2030 according to Octopus Energy, which is calling for drivers to sign up to the Powerloop V2G consortium launched earlier this week.
Octopus Energy has secured 22,000 additional customers after completing the purchase of Affect Energy on Friday last week for an undisclosed, seven-figure sum.
Consumers can save an average of £273 by switching to a green supply from a standard variable tariff (SVT) offer by the Big Six energy suppliers as the rise in renewable electricity has meant going green has never been more affordable.
Clean energy supplier Octopus Energy has won a competitive tender to take on nearly 100,000 customers from Iresa after it collapsed last week.
British retailer Marks & Spencer has partnered with asset owner and clean energy supplier Octopus, outlining a bold ambition to “transform” the energy market.