Octopus says it will invest £2bn in UK clean power projects by 2030
Octopus Energy has said it aims to invest £2 billion in UK clean energy projects between now and 2030.
Octopus Energy has said it aims to invest £2 billion in UK clean energy projects between now and 2030.
Octopus Energy is among a growing number of UK firms eyeing new onshore wind projects in England after the Labour government removed a de facto ban.
EDF and Octopus Energy have launched a campaign aimed at increasing the electrification of the UK’s economy.
Octopus Energy chief executive and founder Greg Jackson has advocated for regional energy pricing to prevent imports.
UK energy suppliers and consumer-protection groups are urging the regulator to maintain a ban on cheaper tariffs for new customers that was introduced during the energy crisis to help stabilize the market.
Octopus Energy funds have taken a 40% stake in Simply Blue, a joint venture partner in an experimental floating wind farm off the coast of Aberdeenshire.
Renewable energy provider Octopus Energy is set to invest in California-based floating offshore wind firm Ocergy.
Octopus Energy will extend a scheme offering up to half-price electricity to coastal users when nearby offshore wind farms are generating.
Octopus Energy plans add to its existing generating portfolio, committing around $20bn (£15bn) in global offshore wind projects by 2030.
The UK government is set to make £1.2 billion ($1.4 billion) from a short position it took in power and natural gas markets after seizing control of collapsed supplier Bulb Energy last year.
The UK must face up to the challenge of heating housing in low carbon ways, or will fail the legally binding 2050 net zero target. There are three main technologies for decarbonising domestic heating – heat pumps, hydrogen boilers and heat networks.
Octopus Energy has struck a deal to invest in Xlinks, a project that aims to transport renewable energy from Morocco to the UK.
"I want you to stay angry. I want you to stay frustrated. Channel that anger, harness that frustration, keep pushing harder and harder for more because that's what required to meet this challenge.”
Renewable energy firms Octopus Energy and RES have formed a new partnership with the aim of investing billions in green hydrogen.
The Energy Institute (EI) has announced two new appointments to its top team.
British challenger energy supplier Octopus has been valued at more than two billion dollars (£1.5 billion) in a new deal which launches its brand in Japan.
Half of investors feel renewables have become a more attractive proposition during the Covid-19 crisis, according to a new study.
To describe the last few months as a challenging period for the energy sector would be an understatement.
Octopus Energy Ltd., the clean energy provider, plans to add millions of new customers this decade on a pace that could soon make it the U.K.’s largest energy supplier.
After nine failed suppliers, major takeovers and a price cap on bills, the energy sector has faced another bruising year which seemed to mark, once and for all, the end of the Big Six.
The Co-op and Octopus Energy have today announced the launch of a new community energy firm.
The community energy sector in the UK has had a difficult time in recent years. 2018 saw continued reductions in the Feed-in Tariffs, and then in December 2018 the UK Government announced the closure of the Feed-in Tariff scheme to new applications from 31 March 2019.
The UK is still the "most attractive" place for renewable energy investment, according to a new study.
High street giant Marks & Spencer is to reboot its energy offering as it looks to challenge Britain's dominant gas and electricity providers.
The Big Six energy companies have all ranked in the bottom 10 of an annual customer satisfaction survey as consumers turned to medium and small suppliers.