greg jackson octopus wife
Currently, Octopus Energy has more than 750,000 customers with 100 per cent renewable electricity, despite only setting up three years ago. 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. [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. 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. In September 2021, Octopus Energy Group was valued at approximately $5 billion following a $600 million investment from Generation Investment Management and a $300 million investment from Canada Pensions Plan Investments Board. Before joining Octopus, Rachel served as the Chief Executive of Ofwat, the UK's water regulator, and as a Senior Partner and Board member of Ofgem, the UK energy regulator. There was a problem! People thought electric vehicles wouldnt take off but look at Tesla now. [7] In 2007, Jackson teamed up with striking coach Mike Winkeljohn, which was a seminal moment for Jackson's academy; since then, the gym has been known as Jackson Wink MMA Academy (JW MMA Academy),[8] representing the partnership between Jackson and Winkeljohn. It takes seven years to get a windfarm through the planning process and connected to the grid. Quick and essential guide to domestic and global politics from the New Statesman's politics team. .more. [20], In November 2020 Octopus acquired Manchester-based smart grid energy software company Upside Energy, which in June 2021 rebranded as KrakenFlex. Headquartered in London, the company has operations in the UK, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States. In your view what does it mean to be an entrepreneur and are all entrepreneurs businessmen or women? One department looks after Electric Juice, a service that lets customers add car-charging payments to their electricity bill. In 2006, he sold a customer relationship tech business for 4.5m. 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. I want them to feel happy and fulfilled by the work they do. Thats an amazing 658% growth in your domestic customer based alone, and within the span of 2 years. About   Are people working at your company happy? She has done this all while maintaining some of the very best customer service ratings in the industry. The other key difference between Octopus and other utilities companies is technology. [31], In November 2021, EDF Energy agreed a deal with Octopus Energy Group to move its five million customers onto its Kraken platform. By 2030, Octopus aims to supply around 2.5 million households with green electricity through Fan Club schemes. They will be global.. 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. There are companies whose entire asset base [is] in gas, he continues, and they will relentlessly try to tell us gas is the solution, or hydrogen is the solution. Greg: Our proprietary technology platform, Kraken, enables our operating model and efficient customer service. Rachel also works hand-in-hand with consumer bodies to ensure all customers are well served and benefit from the transition to net zero. [38], As of August 2021, the company has over 2.4 million domestic and business customers. 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. [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? I also have had non-executive and chairman roles at peer-to-peer lender Zopa and Consultant Connect. Weve never made a profit and were going to, but weve ploughed everything were going to make into customer support so were not going to make one this year, he says. Before Bulbs collapse, Octopus flirted with taking over its rival. 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. The contemporary Jackson-Wink MMA Academy won the same award in 2015.[9]. [68][69], In November 2021 Octopus financed 'Grace of the Sun', a large-scale art piece by Robert Montgomery made using the Little Sun solar lamps designed by Olafur Eliasson and Frederik Ottesen. [23], In March 2021 the Financial Times listed Octopus at number 23 on their list of the fastest growing companies in Europe. 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'. 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. 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? Its actually more than that: bringing down energy costs is one of the reasons I started the business, he says. [29], In September 2019 Octopus acquired German start-up 4hundred for 15m; the acquisition of 4hundred, which had 11,000 customers, was Octopus' first overseas expansion. Octopus Energy Group is a British renewable energy group specialising in sustainable energy. Rachel joined Octopus Energy in 2021, bringing with her a wealth of knowledge following more than two decades of experience in energy regulation. 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[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. [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". You are also expanding globally into Australia and Japan, making you one of the fastest growing green energy companies globally. Passionate, creative, innovative CEO, entrepreneur and investor. [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. 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. 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. 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. These include: In March 2019, Octopus announced it had partnered with Amazon's Alexa virtual assistant, to optimise home energy use through the Agile Octopus time-of-use tariff. You cant just enter this market by shaking your piggy bank. He believes suppliers with more than 10,000 customers should be subject to hedging checks. We have a technology licensing business with big customers like E.ON and EDF, and weve invested in generation and a heat pump centre. 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? [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. With operations in the US, Japan, Germany, Spain, Italy, New Zealand and Australia, Octopus Energy Group's mission to drive the affordable green revolution is going global. Greg Jackson isnt your average energy company CEO. It could cost taxpayers 2bn. [22], In February 2021, CEO Greg Jackson said on a BBC News interview that Octopus does not operate a human resources department. After his parents split, his mother worked as a barmaid and later studied while on benefits. 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. 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