Full-Time
Posted on 10/31/2025
Supplies 100% renewable electricity and gas
No salary listed
London, UK
Hybrid
Octopus Energy Group supplies 100% renewable electricity and gas to homes and businesses in multiple countries, offering tariffs such as Agile that adjust with wholesale costs. It operates Kraken, an in-house platform that automates billing, customer service, and grid management using AI to balance supply and demand; Kraken is licensed to other suppliers and will be spun off as a separate company. The group differentiates itself through clear pricing, strong customer service, and a scalable energy-technology platform that supports retail, generation, grid flexibility, and EV services. Its goal is to decarbonize energy use globally by making renewables more accessible and by enabling smarter grids, better pricing, and services like EV leasing and demand-response programs.
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$2.9B
Headquarters
London, United Kingdom
Founded
2016
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Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Company Match
Parental Leave
Flexible Work Hours
Company Equity
OE Group Share Scheme
Octopus Energy Group is acquiring a majority stake in Uplight, a North American grid flexibility provider, in partnership with Schneider Electric, which will remain a significant minority partner. The transaction is subject to regulatory approvals and expected to complete later this year. Uplight serves over 85 utilities across North America, including eight of the ten largest in the US, managing over 8.5 gigawatts of flexible load through demand response and distributed energy resource management solutions. The company will continue operating as an independent platform. The partnership combines Octopus Energy's consumer innovation and flexibility expertise, Uplight's utility relationships and technology, and Schneider Electric's grid management systems. Octopus Energy operates the world's largest virtual power plant with more than 350,000 electric vehicles enrolled globally.
Octopus Energy, Britain's leading renewables supplier, is pursuing partnerships with Chinese companies whilst expanding into Japan and South Korea. The company's chief executive cited China's superior expertise in clean technology as crucial for Britain's renewable energy development. The move comes as the firm seeks to diversify its operations and leverage Chinese know-how in the renewables sector. Octopus Energy is positioning itself for growth across Asian markets, balancing collaboration with Chinese expertise against expansion opportunities in other regional economies. The company's strategy reflects growing recognition of China's technological capabilities in clean energy, despite geopolitical tensions affecting international business relationships.
Octopus Energy is investing nearly $1 billion into California's clean technology sector through its Octopus Energy Generation subsidiary. The investments will target two carbon removal companies focused on grassland restoration and reforestation, plus a solar and battery project expected to be operational by July 2026. The move deepens the UK energy giant's presence in the US market, forming part of its broader $2 billion commitment to America's energy transition by 2030. Octopus Energy Generation chief executive Zoisa North-Bond cited California's supportive policies and Silicon Valley entrepreneurship as key factors behind the investment. The announcement came during California Governor Gavin Newsom's visit to Octopus Energy's London headquarters on Monday.
Octopus Energy has entered China's clean energy market through a joint venture with PCG Power, announced during the UK Prime Minister's visit to China. The partnership will create Bitong Energy, focused on trading renewable electricity across China's expanding spot power markets. The venture combines PCG Power's position in China's commercial and industrial renewable sector with Octopus Energy's technology for real-time power trading and asset management. It will launch initially in Guangdong province before expanding nationwide. By 2030, Bitong Energy aims to trade up to 140 terawatt-hours of renewable electricity annually and targets annual profits of around £50 million. The partners expect the business to achieve a valuation exceeding £500 million within five years, making it one of Britain's most significant clean tech exports to Asia.
Kraken optimizes green generation, helps manage the network, improves field operations and supports utilities in delivering excellent experiences for customers.