We are doing the same thing in clean, green energy. Love building organisations around people, disrupting industries which underserve customers and society. Weve raised 16 times more investment than Bulb did. All drivers can use the service, and Octopus Energy customers have the option of paying their charging costs through their domestic energy bills. John is a highly experienced energy entrepreneur. [35] As a result of these acquisitions, Octopus now has retail, generation or technology licences in 13 countries across four continents. [49], In January 2021, Octopus acquired two 73 metre (240') wind turbines to power their 'Fan Club' tariff, which offers households living near its turbines cheaper electricity prices when the wind is blowing strongly. Energy companies are going to end up more like technology companies, like AirBnB, Amazon, Google and Monzo says Greg. Greg Jackson was grilled by viewers on profits, prices and electric blankets . Octopus boss Greg Jackson claims the energy giant has 'never made a profit' on Martin Lewis money show. About   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. You need to ask yourself these questions when defining your success. After his parents split, his mother worked as a barmaid and later studied while on benefits. Devrim is the CEO of KrakenFlex, formerly Upside Energy, which joined the Octopus Energy Group in 2020 to add another layer of capabilities to Octopus's energy technology platform, 'Kraken'. Upstream reported that Jackson joined Greenpeace at the age of 16, and his expertise was in mirror manufacturing, coffee shops and software before launching Octopus Energy in 2015. [24], In July 2021 Octopus rose 12 places on the UK Customer Service Index to 17th, making it the only energy company in the Top 50. [52], Also in November 2021, Octopus Energy Group signed a deal with Elia Group at COP26 to build a "smart" green grid across Belgium and Germany. Jon played a key role in establishing leading Australian challengers Simply Energy (now part of Engie) and Alinta East Coast retail holding a number of senior roles across operations, customer experience and market development. 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. [9], In 2018 Hanwha Energy Retail Australia (Nectr) chose the Kraken platform, developed by Octopus to provide billing, CRM and other technology services to support its launch into the Australian retail energy market. The division is also behind Octopus Energys Fan Club, a local energy tariff that provides cheaper energy when the wind blows. The acquisition was the first step in Octopus' $100m US expansion; at the time of the acquisition, Octopus announced it was aiming to acquire 25 million US customers, and 100 million global customers in total, by 2027. Will Dunn is business editor of the New Statesman. [31], In November 2021, EDF Energy agreed a deal with Octopus Energy Group to move its five million customers onto its Kraken platform. [14] In January 2020, Octopus was ranked first in a Which? He has never taken a bonus, and owns a 6% stake, worth about 240m. Greg Jackson is the founder and CEO of Octopus Energy Group, which currently has over 3.1 million UK customers. Could Octopus become another Bulb? What impact has the pandemic had on Octopus Energy and how have they navigated this? He also has a wealth of experience in energy efficiency and looks after Octopus energy efficiency schemes alongside metering, solar, heat pumps and EV chargers. that helped retail financial services businesses re-invent product offers online. Greg Jackson, Founder & CEO. The first nail in the coffin should have been climate change, then it should have been the fact that renewables are now cheaper than fossil fuels. Registered office: UK House, 5th floor, 164-182 Oxford Street, London, W1D 1NN. He also holds an MBA from Yale University and is an independent non-executive director of the Thames Estuary Growth Board, where he co-chairs the hydrogen committee, and a Member of the Yale University Alumni Association Board of Governors. This long-term mission is not only to supply renewable energy all of Octopuss tariffs are advertised as 100 per cent green, and power either comes directly from renewable sources or is certified as renewable using the Rego certificates that Ofgem uses to match power sourced from the open market to renewable supply but to disrupt the UKs dysfunctional energy market. She loves supporting kind, high performing teams and individuals who want to positively change the world. You can tell if someone grew up in a cold house: we often prefer baths when you get out of the shower you get a real shock, he says. Jon holds an MBA in Business Administration from La Trobe University and Chifley Business School. Thats an amazing 658% growth in your domestic customer based alone, and within the span of 2 years. Mark Wahlberg's wife Rhea Durham shares sweet tribute to their daughter Grace on 13th birthday with snaps from . A newsletter showcasing the finest writing from the ideas section and the NS archive, covering political ideas, philosophy, criticism and intellectual history - sent every Wednesday. Fellow green energy group Bulb went bust last November and remains in special administration. Octopus energy is the UK's fourth largest energy provider, which boss Greg Jackson says he started because people were "paying too much" on their bills. There are bright pink octopus toys dotted around the half-full offices, and crisps and sweets on a communal table. 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. 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. Theyve been characterised as inexperienced and foolhardy for not hedging their energy far enough in advance. Britains failure to invest in renewables led us into the gas crisis, says Jackson, and a revolution in energy supply and policy is urgently needed. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. With the pandemic, we took the 15 years it usually takes to make a vaccine, and did it in less than a year. Are people working at your company happy? Our researched showed that Octopus Energy has grown its domestic customer based in UK, from just 198,000 customers in 2018 to over 1.5 million customers in 2020. He began his working life as a video games programmer and always fancied a stint as a motorcycle courier (electric, of course).. Rachels remit is to create the regulations and markets needed to achieve net zero quickly and affordably. After his parents split, his mother worked as a barmaid and later studied while on benefits. Since launching in 2018, Zoisa's team has accrued 40,000 customers, from SMEs to large organisations such as Arsenal FC. Greg: While we cant change who our founders are, our leadership team is made up of 50% women, with BAME, LGBT+ and working class representation throughout. Hes founded a number of successful businesses, including e-commerce company C360, and is an angel investor in a wide range of tech start-ups. Greg: It might be a bit clich, but i definitely admire what Elon Musk has done. Samuel Leroy Jackson (Washington D. C., 21 de diciembre de 1948), conocido como Samuel L. Jackson, es un actor y productor de cine, televisin y teatro estadounidense.Ha sido candidato al Premio scar, a los Globos de Oro y al Premio del Sindicato de Actores, as como ganador de un BAFTA al mejor actor de reparto y en 2022 se le entreg un scar honorfico a su trayectoria profesional. By expanding to so many other countries and really capitalising on the technology we create, we are able to have an edge on the competition. London Tuesday 8th November - This evening, the founder and CEO of Octopus Energy, Greg Jackson, joined consumer champion Martin Lewis on his flagship TV show on ITV. 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. [12], Besides the Octopus Energy brand, as of September2021[update] customers are supplied under the Ebico Energy, Affect Energy, Co-op Energy, M&S Energy and London Power brands. Theyre not doing it because they care about the planet, and theyre not doing it because they care about bills.. The UKs biggest energy companies might shrug off such strident criticism from a campaigner, but Octopus has rapidly ascended to challenge what Jackson, 50, calls the lazy oligopoly of the big six. Since relocating to the UK 7 years ago, Jon worked on the set-up of Bulb and later Octopus Energy. KrakenFlexs cloud-based technology platform controls distributed energy assets such as large-scale batteries, EVs, or heat pumps with machine learning and AI to match electricity supply and demand, helping the electricity grid deal with the natural volatility of renewable generation. Were in a double crisis now: a cost crisis, and a carbon crisis. Our Founder, Hubert Nomamiukor organised a Q&A session with Greg Jackson, the CEO of Octopus Energy, to capture his entrepreneurial journey, influences and perspectives. In our experience this leads to strong relationships between managers and team members, happier employees and higher productivity. 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. consumer organisation. The Kent areas where house prices rose the most in 2022. Octopus Energy is currently value at $2 billion, how did this evaluation come about? As of September 2021 the company has over three million domestic and business customers, making it the fourth largest energy supplier Hey I'm Constantine, welcome to Octopus Energy! [34], In August 2021, Octopus entered the Spanish market with the acquisition of green energy start-up Umeme. You also cannot deny the sheer will and determination of Jeff Bezos, and how he has managed to create not only the worlds largest online shopping and delivery site, but also revolutionise cloud computing via AWS, something we have made huge use of with our business. How would you define a successful business leader? In regards to your global expansion plans, Octopus Energy is currently located in three continents, do you have any plans of expanding into Africa or acquiring any green energy businesses in Africa? Octopus Energy Group is a British renewable energy group specialising in sustainable energy. Our middle management team in operations - which makes up most of our team - fares even better, being made up of 80% women and most of them have been with us from the first 50 employees we hired, showing that people are happy here and like to stay. [50][51] In November 2021, Octopus Energy announced plans to raise 4 billion to fund the global expansion of its Fan Club model, which would be expanded to include solar farms. [5], In December 2021, Octopus Energy announced a long-term partnership with Canada Pension Plan Investment Board, raising US$300m and taking the valuation of Octopus Energy Group to approximately $5bn. The contemporary Jackson-Wink MMA Academy won the same award in 2015.[9]. Greg: The pandemic certainly hasnt slowed us down. Clem joined Octopus from a career in political consultancy for the renewable energy and clean tech sectors. [73], Octopus was one of a number of brands who considered pulling their advertising from the channel, with others including IKEA, Vodafone, Nivea, Kopparberg, Grolsch, the Open University, OVO Energy and LV=. Greg: Weve been rapidly growing and in December closed our second financing round with Tokyo Gas and Origin Energy in 2020, which increased our valuation to more than $2 billion. The boss has now stated that it has "never . [6] Later in 2018, Octopus gained the 100,000 customers of Iresa Limited, under Ofgem's "supplier of last resort" process, after Iresa ceased trading. 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. Quick and essential guide to domestic and global politics from the New Statesman's politics team. My mum is very, very politically opinionated and I have that., Jackson wont be drawn on how long the energy crisis will last: Its a fool that predicts commodity markets. The project, which coincided with COP26, was realised in Glasgow through collaboration with the local art community, and was designed as a call for global leaders to invest in renewable energies such as solar PV, in order to power a sustainable future. 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. Last holiday Cotswold Water Park, with family and friends. 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. You can tell if someone grew up in a cold house: we often prefer baths when you get out of the shower you get a real shock, he says. Recommended Provider accolade five years in a row. They will be global.. More recently in my work history Ive specialised in creating technology & ecommerce platforms, something me and Octopus Energy CTO James Eddison did together for clients such as Greene King and SAP. His first job on the milk round earned him 15 a week and he joined Greenpeace at sixteen. [33], In December 2020, Tokyo Gas paid about 20 billion yen ($193 million) for a 9.7% stake in Octopus, valuing the company at $2.1bn. Greg: The desire for their colleagues to be happy and successful. [65], In 2019 Octopus launched a 'Portraits from the Precipice' campaign, which sought to raise awareness of climate change and encouraged customers to switch to greener energy deals. There, Rebecca was Head of Marketing for Dyno Rod, and Head of Product for Hive 2 Thermostats, one of the most sought-after energy products of its time. Weve established an incredibly flat structure here at Octopus, which allows people to make roles their own, and find what really works for them to make them happy to come to work every day. Jackson grew up in a rough neighborhood, and began learning martial arts to defend himself. In 72 hours, the six-year-old company had swelled to accommodate more customers than Scottish Power (to 3.1 million in total) and a higher valuation (approaching $5bn) than Centrica, the owner of British Gas. Octopus is his magnum opus, taking on the tired, old energy market . [47][48], In October 2020, Octopus partnered with Tesla Energy to power the Tesla Energy Plan, which is designed to power a home with 100% clean energy either from solar panels or Octopus. You are also expanding globally into Australia and Japan, making you one of the fastest growing green energy companies globally. Last month Octopus pledged 50m to cut customer bills until Octobers price cap rise, part of a longer-term package worth 150m. On February 5, 2013, Jackson signed with Bellator to coach on the promotion's reality series titled Fight Master: Bellator MMA.[10]. And CEO of Octopus energy growth in your domestic customer based alone, and crisps and on! A bit clich, but i definitely admire what Elon Musk has.! Ago, jon worked on the set-up of Bulb and later studied while on.. Birthday with snaps from their energy far enough in advance to their daughter Grace on 13th birthday with from! Are going to end up more like technology companies, like AirBnB, Amazon, Google Monzo! 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