[61] In May 2021 it was announced that E.ON had completed the migration of all two million former npower customers to its Kraken-powered E.ON Next customer service platform. I dont just want them to come in and do things for the company. 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. His old gym, Greg Jackson Fighting Systems won the Gym of the Year award in 2009. On February 5, 2013, Jackson signed with Bellator to coach on the promotion's reality series titled Fight Master: Bellator MMA.[10]. Greg Jackson was grilled by viewers on profits, prices and electric blankets . Its actually more than that: bringing down energy costs is one of the reasons I started the business, he says. A day later, Generation Investment Management, a fund chaired by Al Gore, committed to a $600m investment in Octopus. Plm was subsequently rebranded as Octopus Energy France. There are bright pink octopus toys dotted around the half-full offices, and crisps and sweets on a communal table. Greg's vision of using technology to disrupt the energy market has enabled Octopus Energy to create tariffs which unlock the power of the green grid - offering cheaper electricity when the sun is shining and the wind is blowing. Nov 2, 2022. [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. "The cost of generating a green electron is already today dramatically cheaper than generating a fossil fuel electron" In the latest Inside Octopus, flex-perts Alex and Devrim discuss the path to a cheaper, smarter energy model through flexibility. Since our interview, Octopus has rejoined the race, submitting a last-minute bid. 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. Support 100 years of independent journalism. [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. Everyone wants to talk about the transition fuel maybe a 20 per cent hydrogen mix in our gas supplies, that kind of thing Even if the hydrogen was zero-carbon which, by the way, the creation of hydrogen so far in the UK at scale is definitely not it would only reduce the carbon emissions of gas by 6-8 per cent because of the lower energy density, [and] it would put bills up dramatically, because hydrogen is a lot more expensive. I lived through rip-roaring inflation in the 1980s and double-digit interest rates. Before Octopus he ran a business with Octopus' founder and CEO Greg Jackson (no relation, honestly!) The green energy firms founder on his sympathy for those struggling with bills and his exasperation at net zero opponents. 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. As of September 2021 the company has over three million domestic and business customers, making it the fourth largest energy supplier in the UK.[2]. Love building organisations around people, disrupting industries which underserve customers and society. Zoisa also runs Octopus Energy's renewable generation arm, which recently announced the acquisition of a 3GW portfolio of renewable energy assets across seven countries. Launched in 2016, the companys mission is to bring cheaper, greener power to all. For those that don't know Octopus Energy, they are UK's fastest growing green energy retailer and are currently valued at $2 billion. Saturday: 8am - 10pm It is the first time a CEO of a large energy retailer has come on The Martin Lewis Money Show to respond to questions from the British public live on air. Octopus boss Greg Jackson claims the energy giant has 'never made a profit' on Martin Lewis money show. Jackson grew up in a rough neighborhood, and began learning martial arts to defend himself. My Entrepreneurial Journey with Greg Jackson on Thursday, 21 November. Growth? Prior to Affect Energy, where John built up a strong reputation for good, local customer service in Sussex, he was Managing Director of Thermabead Ltd in Worcester. 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. Octopus is also unusual in that, as well as selling to consumers, it derives more than half its value from the technology it licenses to other businesses in the UK and around the world (a model reminiscent of Amazon). Octopus Energy was established in August 2015 as a subsidiary of Octopus Capital Limited. In order to provide you with the latest digital energy web services you need to use the latest and greatest web browsers. I also have had non-executive and chairman roles at peer-to-peer lender Zopa and Consultant Connect. We scaled the business by repeatedly cloning micro businesses, and what works for us wont work for other businesses. James has been instrumental in the creation of Octopus Energys proprietary technology, digital-first offerings and its global expansion. How much of your upbringing, surroundings and environment influenced 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.. He has never taken a bonus, and owns a 6% stake, worth about 240m. I think Im too opinionated. Im just gobsmacked anyones opposing this., Does being a flag-bearer for green energy get him in hot water at dinner parties? Octopus took on 600,000 customers from bust Avro Energy last year, and Jackson accuses the administrators of arguing and quibbling over completely unimportant technical points. There is growing evidence that diverse workforces are more productive than non-diverse workforces. Tara has spent two years leading Octopus Energys 1,000 strong UK operations team through a pandemic, an energy crisis and a day that saw 2 million customers submit meter readings all simultaneously. 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. 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. Jackson reaffirmed that Octopus had not boycotted the channel. He won the Coach of the Year award in 2009, 2010 and 2011. She is Chief Marketing and Product Officer at Octopus Energy. We then realised the change within the energy industry we could enable with a strong technology platform underpinning us, and thats how Octopus Energy came about. He's founded a number of successful businesses, including e-commerce company C360, built HomeServe's innovation business and is an angel investor in a wide range of tech start-ups. These days, Greg Jackson is the founder behind the only energy company recommended by Which?. His school officially turned into an MMA school in 2000. [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. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. What would you say is the most important trait of a successful entrepreneurs? Alongside its tech, all Octopus marketing is developed in-house, from design and copy through to booking, sitting side by side with operations and customer support. The green energy firm's founder on his sympathy for those struggling with bills - and his exasperation at net zero opponents [31], In November 2021, EDF Energy agreed a deal with Octopus Energy Group to move its five million customers onto its Kraken platform. Are people working at your company happy? Rachels remit is to create the regulations and markets needed to achieve net zero quickly and affordably. It has enabled us to lower our costs to serve up to 75% compared to some of our competitors Thanks to Kraken, we are able to scale our customer service team quickly to take on new customers and keep them happy. [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=. And I genuinely hope they all go on to great things, even if thats not necessarily at Octopus Energy. [16][17], In January 2020, ENGIE UK announced that it was selling its residential energy supply business (comprising around 70,000 UK residential customers) to Octopus. Greg: Octopus is unusual. 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 Energy Group is a British renewable energy group specialising in sustainable energy. [66] The campaign artwork was exhibited at over 5,000 sites, making it the largest ever digital out-of-home (DOOH) art exhibition. 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. Are you happy doing what youre doing? In 2019, Octopus stated that all its electricity came from renewable sources, and began to offer a "green" gas tariff with carbon offsetting. [59] It was first licensed by UK rival Good Energy in late 2019, for an initial three-year term, to manage its 300,000 customers. Spaces are limited for this very special event so make sure you dont miss out by signing up, To be the first to hear about our events, get immediate access to new podcast episodes, and hear news picked just for you . [31] This meant Octopus gained "unicorn" status, as a startup company with a value in excess of 1 billion. What advice do you have for other businesses on environmental sustainability and its impact on climate change? Greg Jackson, Founder & CEO. After his parents split, his mother worked as a barmaid and later studied while on benefits. You need to ask yourself these questions when defining your success. James is an e-commerce specialist who was the brains behind a number of high profile tech platforms for clients such as the UK Labour Party, Citroen and Hermes, among others. Interview with Entrepreneur - Greg Jackson - CEO of Octopus Energy. Our first guest is Greg Jackson, CEO and founder of Octopus Energy who will kick the series off on Thursday 26 January. [70][71], In June 2021, Octopus suspended their advertising from the newly launched GB News television channel after the channel's first day of broadcasting, with CEO Greg Jackson stating "we are asking networks not to air our ads on new channels until we've seen their output for a period of time". Greg: I prefer the term business leader to entrepreneur, and they can come in all shapes and sizes. The boss of Octopus Energy has a small tub, which pleases him as it is efficient and fills quickly. 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. 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. [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. Its technology platform Kraken also achieves dramatically lower cost to serve than rivals, so cheaper, green power is delivered hand in hand with unbeaten customer satisfaction levels. Read more . Following his CTO role at Tangent plc, James & the other founders thought up Kraken, a technology platform that would rival all others in the energy market. A lot of people have different views of what it means to be an entrepreneur and if this is different from being a businessman or woman. The collection of projects reflects Jacksons entrepreneurial background. Recommended Provider accolade five years in a row. [72], Responding to Octopus Energy's decision on Twitter, Andrew Neil, founder of GB News, said "Let me know if you want to advertise. Greg Jackson, CEO Greg Jackson Founder Octopus Energy agrees $600m deal with former-VP Al Gore backed sustainable investment fund We're over the moon to be able to announce our $600 million partnership with Generation Investment Management, a sustainable investment fund, co-chaired by former US Vice-President and climate champion Al Gore. [53], In January 2022, it was announced that Octopus Renewables had bought the Broons/Biterne-Sud wind farm in Cotes dArmor, northeast Brittany, France from Energiequelle for an undisclosed price. 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. [30], In May 2020, Australian electricity and gas supplier Origin Energy paid A$507 million for a 20% stake in Octopus. His first job on the milk round earned him 15 a week and he joined Greenpeace at sixteen. [43], In its early years the company did not generate gas or electricity, instead making purchases on the wholesale markets. A serial and successful entrepreneur before Octopus Energy, Gregs experience spans mirror manufacturing, coffee shops and multiple software ventures. For those that don't know Octopus Energy, they are UK's fastest growing green energy retailer and are currently valued at $2 billion. has recommended 5 years in a row. Among the companies using Kraken is E.On, the second-largest electricity supplier in the UK. [38], As of August 2021, the company has over 2.4 million domestic and business customers. Rachel also works hand-in-hand with consumer bodies to ensure all customers are well served and benefit from the transition to net zero. Upon the acquisition, Octopus announced it was targeting a million Spanish energy accounts under its brand by 2027. His morning routine echoes the tycoons underprivileged childhood. Currently, Octopus Energy has more than 750,000 customers with 100 per cent renewable electricity, despite only setting up three years ago. Greg: Passionate young people who believe in our mission. As a result, he was suspended from school for instigating fights on more than one occasion. A weekly newsletter helping you fit together the pieces of the global economic slowdown. What would you say are the most important traits business leaders should possess to be successful? Rumours are that he may be training Zack "The Assassin" Stiles, 16 year old, in the future. Climate change is no longer this vague thing: people are literally baking in India and Pakistan, he says. To be the first to hear about our events, get immediate access to new podcast episodes, and hear news picked just for you Join our community! Greg Jackson was born in Washington D.C. to Kris and Jim Jackson, who were Quakers originally from the Midwest. In May 2020, her team launched the Electric Juice Charging Network, the UK's first consolidated network of charge point providers that allows users to charge their EVs across the UK with all costs appearing on a single bill. Clem Cowton is Director of External Affairs at Octopus Energy, heading up the company's advocacy on policy, government affairs and Net Zero. How we work  We need to learn from the pandemic, Jackson says. Greg is an experienced digital entrepreneur, passionate about making the green energy revolution affordable through technology. Coaches Honored with Jackson/Winkeljohn Dat, How a powerhouse MMA gym rose out of necessity and is helping others, Ranking the 10 Best Camps in MMA Right Now, Rankings Spotlight: MMAs Top 5 Fight Gyms, "War And Peace In Jackson's Gym - SI.com - Magazine", "Fighters Only World Mixed Martial Arts Awards 2010 - 2009 Winners", "Bellator's 'Fight Master' reality series set for summer debut on Spike TV", Jacksons Wink MMA Academy - Official Website, https://en.wikipedia.org/w/index.php?title=Greg_Jackson_(MMA_trainer)&oldid=1055483227, Sportspeople from Albuquerque, New Mexico, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 16 November 2021, at 03:38. Theres some blokes with phones, and what theyve always done is phoned up coal and gas power stations and told them to turn on and off. 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. Before Bulbs collapse, Octopus flirted with taking over its rival. Recommended Providers", "Best and worst energy companies for 2021 revealed", "ENGIE UK announces the sale of its residential energy supply business to Octopus Energy", "Mayor of London and Octopus Energy's London Power goes live", "Ten fast-growing scaleups drove UK tech boom in 2020, Tech Nations' report shows", "Octopus Energy acquires Upside Energy as it moves to open Manchester tech hub", "CEO Secrets: 'My billion pound company has no HR department', "FT 1000: the fifth annual list of Europe's fastest-growing companies", "UK Customer Satisfaction Index (UKCSI) Institute of Customer Service", "Octopus Energy prepares for air-source heat pump revolution", "Octopus to take on failed Avro Energy's 580,000 stranded customers", "Energy firm to create 300 Manchester jobs through city region partnership", "UK government approves agreement between Bulb and Octopus Energy, providing certainty to 1.5 million customers", "Octopus Energy reaches into Germany with 15m capture of 4hundred", "Australia's Origin Energy to buy 20% stake in UK's Octopus Energy", "Octopus Energy gains unicorn status with 1bn valuation", "Octopus Energy launches into US market with startup acquisition", "Octopus Eyes Japan's Power Market with Tokyo Gas Joint Venture", "Octopus Energy expands into Italy with acquisition of SATO Luce e Gas", "Octopus Energy expands into Spain with Umeme acquisition", "Octopus Energy raises long-term investment to value startup at $5bn", "Stream of customers moving to energy supplier Octopus slows as gas price spikes", "Octopus offers transparency with wholesale price tariff", "Thousands were paid to use extra renewable electricity on windy weekend", "New energy tariff aims to slash charging cost for electric vehicle owners", "Octopus Energy integrates with Amazon Alexa for smart energy use", "Octopus Energy and Ebico join forces to make sustainable heating cheaper", "Octopus Investments increases solar portfolio financing", "FCA clears acquisition of Octopus Renewables by Octopus Energy", "Octopus Energy takes control of group renewables unit", "Tesla Energy Plan launched inviting homes to become part of Virtual Power Plant", "Octopus leans into wind power generation", "Octopus Energy launches 'world first' local time of use Fan Club tariff", "Octopus to Raise 4bn to Expand its 'Fan Club' Model for Local Renewables", "Octopus Energy Group signs deal with Elia Group for European smart green energy grid", "Octopus makes German wind investment as it plans future Fan Club tariff expansion", "Octopus to make offshore wind core investment focus", "Octopus rebrands roaming charge service to become 'Electric Universe', "Octopus Energy choses AWS as its preferred cloud provider for Kraken", "Good Energy turns to Octopus' Kraken for customer services platform", "E.ON allies with Octopus Energy to revamp UK retail business", "E.ON hails turnaround in UK retail business with 100m earnings jump", "Two million customers migrated to Kraken powered E.ON Next in 'record time', "EDF to move 5m customers to Octopus Energy Group digital platform", "How Kraken is waking up customer service for global partners", "We're working with Octopus Energy on a Climate Change Art Prize", "How Octopus Energy used art to get people to switch to green energy", "EI Awards 2020 recognise energy sector's 'indispensable contribution', "The Solar Powered Message of COP26 | Grace Of The Sun", "Ad slots were not planned by us. [3][4][5][6] 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 Extreme Cagefighting champions. 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. 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. It takes seven years to get a windfarm through the planning process and connected to the grid. Jackson said the size of the supplier with 1.5 million customers meant there was no viable route for the business to be taken on by a competitor before its collapse. 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 Jackson is the founder and CEO of Octopus Energy Group, the energy technology group with 3.5 million customers globally, operations in 14 countries and a 4.4bn portfolio of renewable energy assets. If you could do it all over again what would you do differently in your entrepreneurial journey? Passionate, creative, innovative CEO, entrepreneur and investor. Quick and essential guide to domestic and global politics from the New Statesman's politics team. [20], In November 2020 Octopus acquired Manchester-based smart grid energy software company Upside Energy, which in June 2021 rebranded as KrakenFlex. She spent some time consulting for a FTSE 100 energy company, followed by a secondment to the Department for the Energy & Climate Change (DECC), and then launching market-leading connected home products - starting at British start-up Alert Me, who became part of the leading smart home provider Hive, a British Gas innovation. 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. [35] As a result of these acquisitions, Octopus now has retail, generation or technology licences in 13 countries across four continents. Currently, Octopus Energy has more than 750,000 customers with 100 per cent renewable electricity, despite only setting up three years ago. Last holiday Cotswold Water Park, with family and friends. The division is also behind Octopus Energys Fan Club, a local energy tariff that provides cheaper energy when the wind blows. Energy companies around the world still maintain that natural gas (perhaps cleaned up with a puff of hydrogen) is the transition fuel that will take us to net zero. Or whether we organise a boycott of you". You are also expanding globally into Australia and Japan, making you one of the fastest growing green energy companies globally. Despite the current crisis of price and supply in the gas market, its described by BP as resilient and by Centrica as more affordable than other energy sources. The New Statesmans global affairs newsletter, every Monday and Friday. [55], Octopus Renewables is contracted as the investment manager for Octopus Renewables Infrastructure Trust, an investment trust established in 2019 which owns wind and solar generation in the UK, Europe and Australia. In 2006, he sold a customer relationship tech business for 4.5m. Contact. As someone whose LinkedIn profile professes a love of disrupting industries that underserve customers and society, its no surprise Greg is passionate about enhancing the customer experience. She loves supporting kind, high performing teams and individuals who want to positively change the world. Octopus founding team are from tech rather than energy backgrounds and are determinedly using technology to drive down prices, enable great service and drive towards a renewable future through the smart grid, which is essential to decarbonise affordably. He says it took years to find the 10m he needed to launch Octopus. Please talk us through your operating business model, how it generates value and how this gives you a competitive edge in the retail energy market? Weve raised 16 times more investment than Bulb did. Octopus Energy is also a leading investor in solar and wind energy, managing a 3.4bn portfolio of renewable energy assets across Europe. 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. The engineering part only takes a year.. 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Its Kraken platform was designed to take the traditional worry about renewable energy that wind and sunlight vary in availability and turn it into a virtue, by forecasting and monitoring the output of wind turbines and solar panels, and deciding where the energy should be used or stored when it is abundant. Jacksons career has been far from typical for the energy business. [56][57], The Electric Universe service, which aims to simplify public charging of electric vehicles, was launched in 2020 as Electric Juice and rebranded in 2022. As of September 2021 the company has over three million domestic and business customers, making it the fourth largest energy supplier Events  Now we see this as a national security issue as well if thats not the final nail I dont know what to do.. [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. Greg is the founder and CEO of Octopus Energy Group, the green energy tech pioneer based in the UK with over 3.1 million customers, further operations in 13 countries and over 23 million accounts licensed worldwide to its green technology platform, Kraken. Origin invested a further $50m at the same time, to maintain its 20% stake. As 31 energy firms went bust since the start of last year, public ire has been directed at the bosses of failed challengers. 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.. Youll be able to fuel your car for free, make steel for free, do indoor farming with virtually zero energy costs. But the current reality is that in government, too, the pace of change is frustratingly slow: a wind farm can be built in 12 months, and an undersea cable between the UK and France can be laid in ten days, but approval and grid connections can take years. Both investors back businesses that drive sustainability, promote green energy and tackle climate change. [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. Gregory Jackson (born 1974) is an American mixed martial arts (MMA) trainer who co-owns Jackson Wink MMA Academy in Albuquerque, New Mexico,[1][2] widely considered one of the top MMA training centers in the world. [21], The same month saw Octopus launch the not-for-profit Octopus Centre for Net Zero (OCNZ), a research organisation tasked with creating models and policy recommendations for potential paths to a green energy future. that helped retail financial services businesses re-invent product offers online. 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.. 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. Prior to joining Octopus Energy, Lara worked at US-based Opower, a customer engagement start-up and pioneer of Behavioural Energy Efficiency. A quick update on the week in companies, markets, finance and the world of work. 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 have a technology licensing business with big customers like E.ON and EDF, and weve invested in generation and a heat pump centre. 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. Greg: It might be a bit clich, but i definitely admire what Elon Musk has done. The contemporary Jackson-Wink MMA Academy won the same award in 2015.[9]. 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 . As a Senior Partner and Managing Director at BCG, Deepak gained extensive experience transforming legacy businesses through technology, working across the UK, Nordics, US, South East Asia and India. The investment increased the company's valuation to $4.6bn, with the cash injection to be used by Octopus to increase its investment in new technologies for cheaper and faster decarbonisation. 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. Having been in the industry for over 20 years, he has founded a number of businesses that he took to sale, including Affect Energy, which became part of the Octopus Energy Group in 2018. 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. .more. Internally its called Winder (wind-Tinder, geddit?). [7] The same year, Octopus replaced SSE as the energy supplier for M&S Energy, a brand of Marks & Spencer,[8] and bought Affect Energy, which had 22,000 customers. 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. Greg Jackson starts each day by flicking on the radio and scrunching into his bath. About Greg Jackson: Greg is an experienced digital entrepreneur, passionate about making the green energy revolution affordable through technology. 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. Family In a relationship; has two children from previous partners. Theyre not doing it because they care about the planet, and theyre not doing it because they care about bills.. Greg: Our proprietary technology platform, Kraken, enables our operating model and efficient customer service. Her work focused on making essential services sustainable, high quality and affordable. Greg is an experienced digital entrepreneur, passionate about using technology to make positive change. Before starting KrakenFlex, Devrims professional career saw him take up executive roles with blue chip management consultancies and finance companies such as Publicis Sapient, Kearney and Lansdowne. [45][46] At the time of the acquisition, the generation assets were reported to be worth over 3.4billion. Octopus Energy for Business works with companies to provide future-proof energy services, supplying them with 100% renewable and fairly priced power. Customers on the tariff get a 20% discount on the unit price when the turbines are spinning, and a 50% discount when the wind is above 8m/s (20 mph). [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. Thats an amazing 658% growth in your domestic customer based alone, and within the span of 2 years. Jon holds an MBA in Business Administration from La Trobe University and Chifley Business School. Best advice he has been given Integrity is what you do when no ones watching., Biggest career mistake Not seeking backers for the idea of Octopus Energy sooner., Word he overuses Brilliant. Greg Jackson is the founder and CEO of Octopus Energy Group, which currently has over 3.1 million UK customers. Day-to-day, she works closely with regulators, industry bodies and policy makers to shape the energy system of the future. 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. [15] In January 2021, Octopus was ranked second and was one of two recommended providers, becoming the only energy provider in the UK to have been named as a recommended provider four years running. [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. I want them to know that their work is making a difference, everyday. A day later, Generation Investment Management, a fund chaired by Al Gore, committed to a $600m investment in Octopus. Following an IPO and acquisition by Oracle Utilities she moved to London with her family in 2018 before coming to Octopus Energy Group to lead global sales for Kraken Technologies. Elsewhere, a vast screen displays the progress of Plots for Kilowatts, a scheme that matches areas where residents have said theyll put up with an onshore windfarm in return for lower bills with areas where landowners are keen to host one. HR in all companies will be looking for how they can improve value to businesses, and there are always conversations to be had about alternative models from which we can all learn. Clem joined Octopus from a career in political consultancy for the renewable energy and clean tech sectors. [74], "Octopus Energy sees 160% jump in revenue but still records loss due to 'relentless investment', "Blame game begins after the failure of Bulb Energy", "Al Gore's firm buys 483m stake in Octopus Energy Group", "Octopus Energy to take on 100,000 Iresa customers", "M&S cuts ties with Big Six as it partners with Octopus for new energy brand", "Hanwha Reveals Plans of Launching "Next Generation" 100% Renewable Energy Retailer in Australia", "Hanwha Group chooses Octopus Energy technology platform for Aussie launch", "Octopus Energy and Co-op Energy confirm major 'strategic energy partnership', "About our partnership with Co-op Energy, including Flow Energy and GB Energy", "Energy Companies: Which? Jon is currently the Global Director of Operations for Octopus Energy Group and Kraken Technologies and a board member for a number of group companies in Europe and Asia Pacific regions.He has played a pivotal role in building and leading some of the most awarded and customer obsessed teams in the UK and abroad. Greg: Believe it or not, I dropped out of school at 16 to start creating video games before eventually going to Cambridge University. The mop-topped energy boss, dressed in grey T-shirt and jeans, has become the acceptable face of a pariah industry. [54] In June of that year, the group's fund management team bought the rights to develop the 35MW Gaishecke wind farm near Frankfurt, Germany. You cant become a car dealer if you havent got the money to buy cars, says Jackson, exasperated. Rebecca came to Octopus Energy following an eight-year career at UK energy company British Gas. What we have to do now is a million times more complicated., The result of this simplified central planning could be seen the previous week, when electricity prices were colossally high, we were having to use lots of back-up supplies [and] we were literally paying wind generators in Scotland to turn off, because there werent enough cables connecting Scotland, where the electricity was being generated, to England, where we needed it., The solution, he says, is for the energy grid to become more like the internet. What impact has the pandemic had on Octopus Energy and how have they navigated this? 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? 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. As a company we are completely digital, so we asked everybody to take their laptops home on Friday, and when lockdown was announced on Monday, our team just plugged the headsets into their laptops and continued working as usual. The plan allows households to become part of the UK Tesla Virtual Power Plant, which connects a network homes that generate, store and return electricity to grid at peak times. In 2009, Jackson released an instructional book about his fighting style called Jackson's MMA - The Stand Up Game. The campaign won the 2020 Marketing Week Masters award for utilities, and the 2020 Energy Institute award for Public Engagement. Three Co-op brands were affected: Octopus acquired the customers of the GB Energy and Flow Energy brands, and began to operate the accounts of Co-op Energy customers on a white label basis, while Midcounties retained responsibility for acquiring new Co-op Energy customers. 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. I literally dont get invited to them. 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. There was a problem! Our weekly culture newsletter from books and art to pop culture and memes sent every Friday. Greg Jackson is CEO/Founder at Octopus Energy Ltd. See Greg Jackson's compensation, career history, education, & memberships. Update your browser for a better web experience, here and all over the internet. Rebecca holds a Bachelor's degree from Nottingham University Business School. . 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. Rachel started her career in utilities as a consultant where she worked on a number of international energy industry privatisation and restructuring projects. 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. 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. It was at that point she founded Octopus Electric Vehicles, and since then has been building a team of experts passionate about helping consumers and businesses make that transition to electric vehicles. We'll monitor any new channels (including this) before running ads and will only advertise if balanced and meets our policies", "As per my message, we didn't boycott - I wanted to see the channel and am true to my word", "GB News hails boycott victory - Full list of advertisers BACKING Andrew Neil's channel", "Octopus Energy's Greg Jackson: 'Climate change is no longer this vague thing', Timeline of the electricity supply industry, Department for Business, Energy and Industrial Strategy, Minister of State for Business, Energy and Clean Growth, Department for Environment, Food and Rural Affairs, Climate Change and Sustainable Energy Act 2006, Centre for Renewable Energy Systems Technology, Hadley Centre for Climate Prediction and Research, Association for the Conservation of Energy, Double Glazing & Conservatory Ombudsman Scheme, https://en.wikipedia.org/w/index.php?title=Octopus_Energy&oldid=1128995384, Electric power companies of the United Kingdom, Renewable resource companies established in 2015, Renewable energy companies of the United Kingdom, Articles with unsourced statements from October 2021, Articles containing potentially dated statements from September 2021, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, Greg Jackson (CEO), Stuart Jackson (CFO), James Eddison (CTO), Zoisa North-Bond (CEO, Octopus Generation), Rebecca Dibb-Simkin (CMO), Peter Miller (Customer Experience) Fiona Howarth (CEO, Octopus Electric Vehicles), This page was last edited on 23 December 2022, at 02:23. 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