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Full-Time

Head of Demand Response

Posted on 6/21/2024

Octopus Energy

Octopus Energy

1,001-5,000 employees

Provides affordable green energy solutions

Energy

Senior

Houston, TX, USA

Requires onsite presence in Houston, Texas.

Category
Business Development
Business & Strategy
Required Skills
Communications
Requirements
  • 5+ years owning and leading high impact business initiatives
  • Good understanding of Texas energy market rules and a network in the local market
  • Experience working directly with energy markets or ancillary services is a plus
  • High ownership and ability to drive work independently
  • Entrepreneurial mindset and ability to pursue highest-value opportunities
  • Strong communication skills, both written and verbal
  • Ability to work across business functions concurrently
  • Flexibility to work across international timezones
  • Passion for shaping the energy transition in the USA
  • Ability to quickly analyze data and make data-driven decisions
Responsibilities
  • Launch attractive flexible energy offerings for the Texas market
  • Develop and optimize the Intelligent Octopus program in Texas
  • Lead Intelligent Octopus or Demand Response aggregation expansion plans in FERC markets
  • Set product requirements, localize, and implement in the country
  • Monetize aggregated loads in relevant markets and drive market evolution
  • Engage stakeholders to widen market access
  • Identify and secure new opportunities for flexibility across the energy system
  • Cultivate strategic partnerships to grow Flexibility programs
  • Drive thought leadership around the energy transition
  • Design and deliver Octopus Energy’s participation in the ERCOT ‘ADER Pilot’
  • Work with third-party device manufacturers on technical requirements for participation in the ADER pilot
  • Collaborate with the Intelligent Octopus Product Manager for product improvements
  • Refine residential connected device optimization and control strategies
  • Analyze the performance of connected customer devices to inform future strategies
  • Develop strategy for Intelligent Octopus expansion into other retail territories within the USA

Octopus Energy provides affordable green energy solutions to households and businesses across multiple countries, including the UK, US, Japan, Germany, New Zealand, and Australia. The company focuses on the renewable energy market and utilizes technology and data to enhance its services. Its main product offerings include direct energy sales to consumers and the licensing of its proprietary Kraken technology platform to other energy providers. This platform helps streamline energy management and improve customer experience. Unlike many competitors, Octopus Energy emphasizes sustainability and offers additional services such as electric vehicle solutions. The company's goal is to make green energy accessible and affordable while promoting the use of renewable resources.

Company Stage

Private

Total Funding

$2.5B

Headquarters

London, United Kingdom

Founded

2016

Growth & Insights
Headcount

6 month growth

19%

1 year growth

0%

2 year growth

43%
Simplify Jobs

Simplify's Take

What believers are saying

  • Octopus Energy's rapid growth and valuation increase to $9 billion reflect strong investor confidence and market leadership.
  • The company's initiatives in green technology and renewable energy investments offer employees the chance to work on cutting-edge, impactful projects.
  • Partnerships with global entities like Energisa and Tech Nation provide opportunities for international collaboration and knowledge exchange.

What critics are saying

  • The energy sector's volatility, as seen with the Bulb Energy acquisition, could pose financial risks despite current successes.
  • Rapid expansion and numerous partnerships may strain resources and operational capacity, potentially impacting service quality.

What makes Octopus Energy unique

  • Octopus Energy leverages its proprietary Kraken technology platform to optimize energy usage and integrate renewable assets, setting it apart from traditional energy providers.
  • The company's focus on innovative green solutions, such as the 'Zero Bills' homes and electric aircraft charging, demonstrates a commitment to sustainability that few competitors match.
  • Strategic partnerships and acquisitions, like the takeover of Bulb Energy and collaboration with Energisa, expand Octopus Energy's global footprint and influence.

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