Octopus Energy’s Post

"There's been so much focus on electrifying generation, but not enough on electrifying end use, where customers can make significant savings" - Greg Jackson. Octopus Energy and EDF have joined forces to launch a new campaign organisation, "Electrify Britain", which will look to drive down bills and cut emissions by prioritising four areas: ◾ Making electricity pricing fair ◾ Electrifying home heat ◾ Electrifying transport ◾ Electrifying communities "Electric cars on a smart tariff cost 7 times less per mile than a petrol car. People with heat pumps usually pay less than those with gas boilers and they rate their heat pump higher. It’s time for us to seize the benefits of electrification for British customers," says Jackson, Octopus Energy CEO. Read more below to discover just how and why Electrify Britain will go about making pricing fair and electrifying heat, transport and communities 👇 #netzero #electrification #localenergy #communityenergy #energytransition

The government has committed to support the building of new gas power stations to maintain a safe and reliable energy source for days when the weather forecast doesn’t power up renewables. Another step towards government's promiss of greener economy whilst supporting the #engineering #construction industry

Follow the money 💸 💸 💡This is one of my favourite figures of the recently published World Energy Outlook 2023. It shows the recent turnaround of energy investment flows, and it shows that energy policies have impact. Huge impact. 🔙 A few years ago, right after the Paris Agreement, a large part of energy investments was flowing to oil, natural gas and coal assets. Today, for every dollar spent on fossil fuels, $1.8 are being spent on clean energy. 📈 Looking ahead, this trend is expected to continue. By 2030, even under today's policy settings, we expect: 🚗 Nearly 10 times as many electric cars ☀️ Renewables = 80% of new power ⚡️ Electric heating outselling gas boilers 🏭 Fossil fuel demand has peaked

In its Energy Transition Strategy 2024 report, Shell announced that it was planning to divest 1,000 of its retail gas stations (including joint ventures) between 2024 and 2025. The company said this move was aimed at reallocating those resources towards EV charging stations “in response to customer needs. For more information: https://lnkd.in/dR2skC6x #sustainability #sustainable #climatechange #environment #climate #climatecrisis #eco #renewableenergy #renewablepower #cleanenergyfuture #ces #power #ev #shell #gas #charging #electricvehicle #charge

🔋 News Update: Electrify Britain Initiative Launched! 🌍 EDF and Octopus Energy have joined forces to launch Electrify Britain, a bold new organization aimed at reducing energy bills and emissions throughout the UK. This initiative will focus on four key priorities: Make Electricity Pricing Fair: Reduce policy costs on electricity bills, currently around 17% of total bills compared to 6% on gas bills. This will also involve incentivising investment, and supporting vulnerable customers who are currently unable to electrify. Electrify Home Heat: Promote heat pumps and other clean heating technologies, ending the installation of gas boilers in new homes. Electrify Transport: Expand EV infrastructure and offer innovative tariffs to make electric vehicle ownership more accessible and affordable. Electrify Communities: Implement community energy projects to foster energy independence and resilience, including increasing solar rooftop installations and encouraging local generation and consumption of low-carbon energy. The partnership between EDF Energy and Octopus Energy aims to accelerate the UK's transition to a sustainable and economical energy future, benefiting both consumers and the environment. Read more below & stay tuned for more updates and insights into the renewable energy revolution! 🍃 #RenewableEnergy #Sustainability #EnergyEfficiency #SmartEnergy #ElectrifyBritain #EV #ElectricityBills #CommunityGeneration

This is an important step on decarbonizing our operations, by sourcing green energy to power our plants. And this is part of a larger scheme of things, including ultraefficient gas turbines, electrification and hydrogen propulsion for the future. It is a matter of making the right steps towards being Net Zero. https://lnkd.in/dpUPN5He

Since its introduction in 2022, the IRA has spurred over $28 billion in investments towards green energy manufacturing, with potential to draw $1.7 trillion within a decade. Major automakers, both domestic and foreign, have expanded their EV and battery manufacturing initiatives in the U.S., leveraging IRA incentives. Political initiatives like the IRA and Made in America strategy are setting the U.S. up to be a competitive powerhouse in green manufacturing, enhancing national energy security. https://lnkd.in/gSRjbCJQ #inflationreductionact #fueling #greenenergy #greenmanufacturing #boom #electricvehicles #batterymanufacturing #bidenadministration #madeinamerica #nationalsecurity

FCE claims that it is the most efficient fuel cell, although today it is only valid on an industrial scale. Furthermore, the energy supplied does not yet have a competitive cost vs. common options out there, ranging from Utility supply to an isolated power island powered by fuel transported from far away. However, there is no doubt that it is the beginning of a new approach to take advantage of the advantages that Green and White Hydrogen with new Pipeline networks in each Country is providing in this “Future” that becomes Present at every moment. Here I share the news with you, giving me many expectations. https://lnkd.in/gUdTcdRj