Full-Time
Posted on 8/23/2024
Provides affordable green energy solutions
£26.3k/yr
Entry
Winchester, UK
Field-based role working at various venues across the South of England.
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 is the Kraken technology platform, which is used for direct energy sales to consumers and is also licensed to other energy providers. This platform allows for efficient energy management and supports additional services like electric vehicle solutions. Unlike many competitors, Octopus Energy emphasizes sustainability and offers a comprehensive approach to energy management, aiming to make green energy accessible and affordable for everyone.
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$2.5B
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
London, 12th June – Octopus Energy Group, the global clean energy tech business, today announces a strategic investment in MOPO – a pioneering energy tech company delivering clean, reliable energy to underserved communities in Sub-Saharan Africa.
Monday, 02 June 2025Can you give me a bit of background about yourself and Kraken and what it does?I’m Charlotte Johnson, the general manager of Generation Flex at Kraken. Kraken is the world’s only proven, end-to-end platform for utilities’ digitalisation and transformation, trusted by global energy giants like EDF Energy, E.ON Next, Engie, Uniper, Octopus Energy, Origin and Tokyo Gas. We manage more than 70 million accounts, over 40 GW of power – from off-shore wind to grid-scale batteries – and more than 500,000 consumer devices such as electric cars and heat pumps.How flexible is the UK grid at the moment?The UK currently has over 5 GW of grid scale storage and a few GW of consumer devices; this equates to just under 20 percent of peak demand.However, the system requires more flexibility than other European countries for two key reasons. Firstly, nearly 50 percent of our generation mix is renewable – much of it intermittent. Secondly, the UK is an island. The level of interconnection is significantly lower than that of continental European countries
Octopus has hired Adam Dunlop, the former CEO of TalkTalk's consumer business, to lead this mobile project.
Thursday, 03 April 2025The 714 MW East Anglia One wind farm is one of the world’s largest operational wind farms and is located 43 kilometres off the coast of Suffolk, supplying green energy to the UK since 2021.It consists of 102 offshore wind turbines and is among the top 10 largest wind farms in the world, generating enough clean power to electrify around 700,000 homes a year.The latest investment by Octopus Energy is the company’s fourth investment in a British offshore wind farm and its seventh in Europe, following stakes in Hornsea One, Lincs and Walney Extension in Britain, Butendiek in Germany, and Borssele V and Borssele III & IV in the Netherlands. The company has also announced plans to enter the French offshore wind tender to develop a brand new offshore wind farm in partnership with Skyborn Renewables.Octopus Energy Generation – one of Europe’s largest renewables-only investors – has already surpassed $2 billion in offshore wind deals in two years.Octopus acquired this latest wind farm stake from Macquarie Asset Management on behalf of Vector, Octopus’ innovative offshore wind fund, which invests in fixed and floating offshore wind and pioneering tech to reduce costs.In addition to expanding its offshore wind portfolio, Octopus is also driving the creation of new wind farms globally through investments in developers and innovations like its ‘Fan Club’, which offers customers cheaper electricity when it’s windy.“Britain is blessed with strong winds and long coastlines – perfect conditions for offshore wind” said Zoisa North-Bond, CEO of Octopus Energy Generation. “The sector has become a vital pillar of our energy system over the past years, and this investment will help to turbocharge this clean technology further, bringing cheaper, greener power to people across the country.”For additional information:Octopus Energy
Updated regularly - Your Avro energy account is moving to Octopus. Find all important updates and answers to the most frequently asked questions here.