octopus

December 15, 2022

Octopus signs PPA with Shell to offtake energy from ‘world’s largest offshore wind farm’

Octopus Energy has signed a power purchase agreement (PPA) with Shell to receive green energy from the “world’s largest offshore wind farm”, it said.

The use of coal amid the heatwave has brought criticism from various industries. Image: National Grid.

December 14, 2022

Over 780MWh of demand reduction seen across first DFS tests

Consumers have overdelivered by over 35% across the first two Demand Flexibility Service (DFS) tests, according to National Grid ESO.

December 12, 2022

Octopus Energy customers move 450MWh across four demand flexibility service periods

Octopus Energy customers moved almost 450MWh of energy consumption across four demand flexibility periods with over £1 million saved collectively.

December 2, 2022

Octopus Energy Generation acquires Zestec Renewable Energy to expand solar rollout

Octopus Energy, under its generation arm, has acquired UK solar developer Zestec Renewable Energy to support the rollout of solar on the roofs of British businesses.

Octopus Energy secured Bulb's services in December 2022. Image: Bulb.

December 1, 2022

Bulb to Octopus Energy transfer approved by High Court

The High Court has approved the transfer of failed energy supplier Bulb to Octopus Energy following a judicial review earlier this week.

E.ON Next is powered by Kraken Technologies

November 30, 2022

Octopus’ Kraken expands into Switzerland with acquisition of Depsys

Octopus Energy's Kraken has expanded into Switzerland, acquiring energy technology company Depsys.

November 15, 2022

National Grid ESO’s first demand flexibility test period announced

The first alert for National Grid ESO’s demand flexibility service has been confirmed for 15 November between 17:00 and 18:00.

October 27, 2022

Octopus Energy Generation invests £110 million in Be.EV

Octopus Energy Generation is set to make its first investment in the UK’s EV charging infrastructure with the allocation of £110 million to Manchester-based Be.EV.

October 19, 2022

Octopus Energy continues Italian expansion with 1.1GW green energy generation target

Octopus Energy has continued its international expansion, targeting a 1.1GW energy generation portfolio in Italy by 2025.

Origin ‘upgrades’ FY2023 energy market outlook due to strong contribution from Octopus Energy. Image: Octopus Energy.

October 10, 2022

Octopus Energy introduces energy flexibility scheme with financial incentive for customers

A new energy flexibility scheme introduced by Octopus Energy could save customers £100 on energy bills and reduce demand during peak usage hours.

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