octopus energy

Offshore wind auctions promising subsidy-free power have buoyed the UK’s attractiveness.

September 21, 2021

Diversified and decarbonised energy system needed urgently to manage volatility, says REA

The volatility in wholesale power prices due to exposure to global gas prices has demonstrated the need to diversify and decarbonise the UK’s domestic energy system.

FleetCharge will offer dedicated charging points within five minutes of fleet drivers homes. Image: Octopus Energy.

September 3, 2021

Octopus and JustPark seek to end ‘charging inequality’ for fleets with new service

Octopus Energy Group and parking platform JustPark have launched a fleet-focused community charging solution dubbed FleetCharge.

September 1, 2021

Octopus Energy collaborating with Severn Trent to develop renewable generation

Octopus Energy is collaborating with Severn Trent, the UK’s second largest water company, to develop renewable energy generation.

August 6, 2021

Price cap to jump by £139 as energy costs increase 50% in six months

Ofgem has confirmed that the default price cap will rise again in October, as energy prices hit record highs amid the world emerging from lockdown.

Expanding into Spain means Octopus is now active in 11 countries. Image: Octopus Energy.

August 4, 2021

Octopus Energy expands into Spain with Umeme acquisition

British entech company Octopus Energy has entered the Spanish market with the acquisition of green energy startup Umeme.

A Trojan Energy chargepoint in use. Image: Trojan Energy.

July 29, 2021

First on-street chargers in STEP trial go live in Brent

Five Trojan Energy on-street chargers have gone live as part of the Subsurface Technology for Electric Pathways (STEP) project, led by Element Energy.

Theresa May was prime minister of the UK from 2016 to 2019. Image: UK Government

July 19, 2021

Theresa May appointed as chair of Aldersgate Group as country faces ‘crucial crossroad’

Theresa May has been appointed as chair of the sustainable business organisation, the Aldersgate Group.

July 5, 2021

Octopus Energy receives FCA approval for Octopus Renewables acquisition

The Financial Conduct Authority (FCA) has given final approval for the Octopus Energy Group’s acquisition of its sister company Octopus Renewables.

ESO to free up 8GW of projects via TEC amnesty. Image: Pxhere (NC).

June 28, 2021

UK's largest domestic flexibility study CrowdFlex announced

A consortium of energy companies, including National Grid ESO, SSEN, Octopus Energy and Ohme have announced the ‘largest domestic flexibility study’ ever held in the UK, dubbed CrowdFlex.

EVs could provide a key source of flexibility going forwards according to the DNO. Image: UKPN.

May 25, 2021

UKPN to create EV VPP following UK's largest flexibility tender

Octopus Energy and Ohme are among companies to have been awarded a contract for a new virtual plant (VPP) set to largely utilise electric vehicles (EVs).