Octopus Energy has completed a strategic demerger of its artificial intelligence-powered software platform, Kraken Technologies, through the sale of a $1 billion minority stake to institutional investors. The transaction values
All posts tagged in UK energy market
8Articles
Octopus Energy, the United Kingdom’s largest energy supplier, will introduce new limits on its discounted electric vehicle tariff from January, increasing the cost for thousands of motorists. Under the revised
Ovo Energy is initiating significant reductions to its expenditure in a bid to secure its financial position as the company confronts heightened regulatory pressures imposed by Ofgem. The energy supplier,
Recent data highlights a sharp rise in house fires blamed on solar panels and their batteries, raising concerns about Labour’s ambitious plans to dramatically expand residential solar installations across the
British households are set to face higher energy bills from October as the rising cost of paying wind farms to switch off pushes annual prices up by two per cent.
Elon Musk’s Tesla is on the brink of a significant move into the UK energy sector. The renowned US electric car manufacturer has officially applied to the Great Britain energy
Energy suppliers failing to meet Ofgem’s financial resilience targets are gaining an unfair market advantage and should be publicly identified, according to industry competitors. The regulatory body faces mounting criticism
Floral Energy, a British microgrid energy start-up, is positioning itself as a game-changer in the off-grid power sector. Founded by former Rolls-Royce executives Paul Stein, Mark Thompson, and Paul Tobin,
