Net zero hopes are a fantasy without serious grid reform August 14, 2023 The government’s attempts to revive the UK’s North Sea oil and gas industry have fuelled debate across Westminster - but grid reform is key.
Octopus and Good Energy defend heat pumps amid backlash to oil boiler ban August 13, 2023 Energy suppliers have given heat pumps a fresh vote of confidence despite calls from backbench MPs to slow down the shift from oil and gas.
Siemens Energy books £3.9bn losses over wind turbine unit woes August 8, 2023 Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it £1.9bn, well short of worst-case estimates.
Floating offshore wind ripe for subsidies, Octopus’ renewable boss argues July 26, 2023 The government should target subsidies at emerging technologies where the UK can be a world leader, such as floating offshore wind.
Octopus Energy pledges £15bn investment in offshore wind by the end of the decade July 24, 2023 Octopus Energy will team up with institutional investors to spend $20bn (£15.6bn) on offshore wind projects over the rest of the decade.`
Ofgem cracks down on generators that left customers with a £3bn bill June 29, 2023 Generator owners will no longer be able to hold back supplies, so they can later harness higher prices for back-up power generation.
Interview: Why Octopus Energy boss Greg Jackson is still powered up June 7, 2023 “I don’t have any amazing news to break,” admits Greg Jackson, the boss of one of the UK’s leading energy companies as he sits down for our interview – which is a surprise as Octopus Energy has been driving a raft of industry headlines in recent weeks. In the past month alone, it has wrapped [...]
Boosting renewables is the best way to just stop oil, says Octopus Energy boss June 5, 2023 The best way to 'Just Stop Oil' is to accelerate the transition to renewable energy, argued the boss of Octopus Energy Greg Jackson.
E.On, Good Energy and Octopus cough up millions in compensation payments for bill delays May 17, 2023 Gas and electricity firms E.On Next, Good Energy and Octopus Energy have paid £8 million over compensation failures for delays in producing final bills when customers switch, regulator Ofgem has announced. The energy watchdog said more than 100,000 households were affected after the three suppliers either missed or delayed compensation payouts that were due when they did [...]
National Grid needs ‘tens of billions’ to hit net zero goals, boss warns May 14, 2023 UK's electricity network needs tens of billions of pounds of investment to hit net zero goals, says National Grid boss John Pettigrew