Will Dunn is business editor of the New Statesman. What impact has the pandemic had on Octopus Energy and how have they navigated this? It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Prior to joining Octopus Energy as Director of Operations, Tara spent three years at Tesla helping scale their service organisation in the UK & Benelux and as Country Manager for the UK. Tellingly, before the age of 30, he had owned and/or managed a number of small businesses employing 4-60 people and turning over 400k to 4m. A relaxed evening talking with Greg Jackson, the founder and Phil Steele Future Technology Evangelist of Octopus Energy.You can email the Octopus team as ref. The migration was hailed as being responsible for E.ON's financial recovery in the UK. John is a highly experienced energy entrepreneur. Since our interview, Octopus has rejoined the race, submitting a last-minute bid. Refresh Octopus Energy is one of the fastest growing energy firms to ever launch in Britain and is on track to join the Big Six utility providers. .more. I dont just want them to come in and do things for the company. Launched in 2016, the companys mission is to bring cheaper, greener power to all. What advice do you have for other businesses on environmental sustainability and its impact on climate change? In this episode Greg shares not only what it means to be a successful leader and team player, but how to live a more authentic life altogether. We train our managers to take on many of the functions that are normally covered by HR departments. Upon the acquisition, Octopus announced it was targeting a million Spanish energy accounts under its brand by 2027. Octopuss youthful workforce is poring over energy consumption charts and enthusing about that bespoke tech, called Kraken, which will now be licensed to other utility companies. As the Observer arrives at the headquarters near Oxford Circus, in central London, for our interview, Jackson cheerfully leaps up from his desk among the troops. Greg is also a strong advocate of maintaining a good work-life balance with his work-life blend, which to him means creating a symbiotic, rather than a compartmentalised relationship between his various work commitments and personal life, so he can remain present in all of them. Day-to-day, she works closely with regulators, industry bodies and policy makers to shape the energy system of the future. We scaled the business by repeatedly cloning micro businesses, and what works for us wont work for other businesses. One business C360 that was subsequently acquired, was founded to pioneer a new way of using technology to drive marketing or as Greg puts it SaaS before it was trendy. Greg is also an investor in several tech start-ups and as an advisor, supports companies and entrepreneurs with fundraising, mergers, acquisitions and strategy. Our CEO Greg explains why standing charges are higher on new energy tariffs, and why electricity standing charges have gone up more than gas ones. Last month Octopus pledged 50m to cut customer bills until Octobers price cap rise, part of a longer-term package worth 150m. They will be global.. Our customer service metrics actually improved during the pandemic, and we were the only large domestic energy supplier in the UK still answering calls as usual. Jackson declined to comment on it. She has done this all while maintaining some of the very best customer service ratings in the industry. This platform was created 50/50 by our tech team and our customer service team, and is worked on and tweaked constantly to create the best process for the team who are looking after customers. As for the future, Octopus is looking to go global, kicking off by launching in Australia this October in partnership with Hanwha Group, a leading solar panel manufacturer, expanding the move to greener energy. There are bright pink octopus toys dotted around the half-full offices, and crisps and sweets on a communal table. If you could do it all over again what would you do differently in your entrepreneurial journey? Its demoralising that we cant keep bills lower in the short term when we need it most, but we have done a tremendous amount up to now.. Or the F-word., Original reporting and incisive analysis, direct from the Guardian every morning, Octopus Energys Greg Jackson: Climate change is no longer this vague thing, Greg Jackson: We want a similar effort [on renewables] to the vaccine rollout.. She loves supporting kind, high performing teams and individuals who want to positively change the world. Energetic and emotionally intelligent, Tara has almost 20 years of experience in developing breakthrough customer strategies and bringing out the best, most caring sides of individuals and teams doing the most vital of jobs, customer operations. Clem joined Octopus from a career in political consultancy for the renewable energy and clean tech sectors. Now we see this as a national security issue as well if thats not the final nail I dont know what to do.. What advice do you have for aspiring entrepreneurs? [44] In July 2021, Octopus acquired sister company Octopus Renewables which claims to be the UK's largest investor in solar farms, and also invests in wind power and anaerobic digesters. Whos Here   Besides industry-standard fixed and variable tariffs, the company is known for innovative tariffs which are made possible by the national rollout of smart meters. Are people working at your company happy? With that he dashes off to do the school run, ready to pass on his opinions to the next generation. . This interview was originally published on our sister platform, ChangeinAfrica Magazine, the content is wholly owned by Innoglo Ltd. Mon - Fri: Respond with 24 hrs Our weekly culture newsletter from books and art to pop culture and memes sent every Friday. A quick update on the week in companies, markets, finance and the world of work. Recommended Provider accolade five years in a row. If the problem persists, please contact support. These days, Greg Jackson is the founder behind the only energy company recommended by Which?. Clem Cowton is Director of External Affairs at Octopus Energy, heading up the company's advocacy on policy, government affairs and Net Zero. Octopus is his magnum opus, taking on the tired, old energy market . We have already done this in countries like Australia, Germany, US, New Zealand and Japan, so we still have many more countries that could benefit from this technology and our business model. As of September 2022, more than 450 charging companies were taking part, allowing customers access to over 300,000 chargers in over 50 countries through a single card and/or app. [37], In January 2022 Octopus Energy entered the French market with the acquisition of Plm nergie, a French energy start-up with 100,000 retail and corporate accounts. The collection of projects reflects Jacksons entrepreneurial background. Greg Jackson on Twitter: "Octopus Energy recent commitments: 10,000,000 to build a decarb of heat R&D centre 5,000,000 to establish the Centre for Net Zero 108,000 to its BLM fund 1,000 ad on a right wing channel So, 15,108x more on progressive stuff More soon, but hope perspective helps." / Twitter. Greg Jackson is CEO of Octopus Energy, which is valued at more than 1.4billion . Octopus Energy is one of the fastest growing energy firms to ever launch in Britain and is on track to join the Big Six utility providers. We'll cover a range of topics, including asking Greg what 2023 holds for the tech and energy sector at this challenging time, and which technologies he thinks are going to make a difference to the sector in the future. What would you say are the most important traits business leaders should possess to be successful? Greg: It might be a bit clich, but i definitely admire what Elon Musk has done. He began developing software (in the form of video games) at 16, then studied economics at Cambridge before running a mirror factory, then founding a number of technology-led businesses. In November 2021, Octopus acquired Italian energy retailer SATO Luce e Gas, rebranding the business as Octopus Energy Italy, investing an initial 51m and targeting 5% of the Italian market by 2025. Epitomising the agile leadership that is synonymous with disruptive businesses, Zoisa leads both the generation the business retail arm of Octopus Energy. His morning routine echoes the tycoons underprivileged childhood. [5], By April 2018, the company had 198,000 customers and had made an energy procurement deal with Shell. Hey I'm Constantine, welcome to Octopus Energy! Plm was subsequently rebranded as Octopus Energy France. In 1992, after graduating from Rio Grande High School, Jackson founded his own martial art, Gaidojutsu, which combines rudimentary techniques from catch wrestling and Muay Thai with basic judo locks. There was a problem! 464 views May 4, 2022 Greg Jackson is the founder and chief executive of Octopus Energy, one of the UK's fastest-growing energy companies. To mark International Men's Day today we are giving a shoutout to the leading men in energy supporting the work of POWERful Women and driving better balance . The boss of Octopus Energy has a small tub, which pleases him as it is efficient and fills quickly. All drivers can use the service, and Octopus Energy customers have the option of paying their charging costs through their domestic energy bills. Now his mission is to turn Britain on to renewables, despite the efforts of a small noisy group, including Nigel Farage, attacking net zero goals. We need to learn from the pandemic, Jackson says. The New Statesmans weekly environment email on the politics, business and culture of the climate and nature crises - in your inbox every Thursday. These are things we should do everything to avoid., He believes the energy crisis has underscored the need for Britain to move away from oil and gas. [67] As a result of the campaign, Octopus registered a 163% increase in sign-ups and gained 37,000 customers. [62][63] The Kraken software was also licensed to Australia's Origin Energy as part of their May 2020 agreement. Octopus Energy Group operates a wide range of business divisions, including Octopus Energy Retail, Octopus Energy for Business, Octopus Energy Services, Octopus Electric Vehicles, Octopus Energy Generation, Octopus Hydrogen, Kraken, Kraken Flex and the not-for-profit Centre for Net Zero. Education Huntcliff secondary school in Saltburn-by-the-Sea, east of Middlesbrough (left at 16); wrote video games software before returning to do A-levels; economics degree at Pembroke College, Cambridge. Greg: I prefer the term business leader to entrepreneur, and they can come in all shapes and sizes. Im just gobsmacked anyones opposing this., Does being a flag-bearer for green energy get him in hot water at dinner parties? You cant centrally plan a system thats got 20 million electric cars, two million houses with solar panels, a million houses with batteries, and 5,000 large-scale wind and solar farms.. Spaces are limited for this very special event so make sure you dont miss out by signing up here. You can meet Greg Jackson and hear more about where he got where he is today at My Entrepreneurial Journey with Greg Jackson on Thursday, 21 November. He believes his thrifty upbringing allows him to empathise with struggling customers. What is the number one trait you look for in employees before recruiting them as part your team, and how has this requirement been integrated into the organisations culture and recruitment policy? A day later, Generation Investment Management, a fund chaired by Al Gore, committed to a $600m investment in Octopus. The contemporary Jackson-Wink MMA Academy won the same award in 2015.[9]. Jackson has trained many successful fighters, including former UFC Light Heavyweight Champion Jon Jones, former UFC Welterweight Champion Georges St-Pierre, former UFC Women's Bantamweight Champion Holly Holm, former Light Heavyweight Champion Rashad Evans, and a roster of other UFC contenders and World Extr We have a technology licensing business with big customers like E.ON and EDF, and weve invested in generation and a heat pump centre. Jackson, 50, grew up near Middlesbrough. In order to provide you with the latest digital energy web services you need to use the latest and greatest web browsers. Octopuss other renewables ventures include a huge push to replace gas boilers with heat pumps, and investment in what will be the worlds longest subsea power cable, linking Devon to a vast solar farm in the Moroccan desert. [36], In September 2021, Generation Investment Management, co-founded and chaired by Al Gore, purchased a 13% stake in Octopus Energy Group in a deal worth $600m. Sign up to receive information regarding NS events, subscription offers & product updates. Greg: Success is different for everybody, and you need to be honest with yourself about what would make your job a success, is it happiness? Octopus Energy Group is a British renewable energy group specialising in sustainable energy. The Kent areas where house prices rose the most in 2022. Diversity is extremely important during our hiring process, and we anonymise CVs so that we can hire for the people behind the name and profile. [32] In September of that year, Octopus acquired Evolve Energy, a US Silicon Valley-based start-up, in a $5m deal. We have an aim to reach over 100 million customers by 2027, whether thats via other companies licensing Kraken or customers joining Octopus Energy, so we never say never for any country or continent, even if we dont have any plans to at the moment. 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