Octopus and Tokyo Gas agreed to launch the Octopus brand in Japan via a 30:70 joint venture to provide electricity from renewable sources, amongst other services. [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. The green energy firm's founder on his sympathy for those struggling with bills - and his exasperation at net zero opponents Greg: It might be a bit clich, but i definitely admire what Elon Musk has done. Greg: No country is off limits to Octopus Energy, we aim to bring cheaper, greener energy and world-class customer service to many people all over the world. 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. [20], In November 2020 Octopus acquired Manchester-based smart grid energy software company Upside Energy, which in June 2021 rebranded as KrakenFlex. They will be global.. You need to ask yourself these questions when defining your success. Octopus Energy for Business works with companies to provide future-proof energy services, supplying them with 100% renewable and fairly priced power. Rachel joined Octopus Energy in 2021, bringing with her a wealth of knowledge following more than two decades of experience in energy regulation. Rachels remit is to create the regulations and markets needed to achieve net zero quickly and affordably. We need to learn from the pandemic, Jackson says. Greg: Our proprietary technology platform, Kraken, enables our operating model and efficient customer service. [31], In November 2021, EDF Energy agreed a deal with Octopus Energy Group to move its five million customers onto its Kraken platform. We train our managers to take on many of the functions that are normally covered by HR departments. We want a similar effort to the vaccine rollout, says Jackson, sweeping bags of Frazzles aside. She is Chief Marketing and Product Officer at Octopus Energy. Fellow green energy group Bulb went bust last November and remains in special administration. The engineering part only takes a year.. 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. This interview was originally published on our sister platform, ChangeinAfrica Magazine, the content is wholly owned by Innoglo Ltd. Mon - Fri: Respond with 24 hrs Registered office: UK House, 5th floor, 164-182 Oxford Street, London, W1D 1NN. [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. [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: When I meet all of our new starters - which I always make sure to do during introductory training - the ones that stand out to me are the ones that ask themselves what they can do for the company, rather than what the company can do for them, they look at their own skills and wants, see what they can bring to the table and do their best. [1] 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. 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. Greg Jackson starts each day by flicking on the radio and scrunching into his bath. Rebecca holds a Bachelor's degree from Nottingham University Business School. Specialties: Technology. Greg is an experienced digital entrepreneur, passionate about making the green energy revolution affordable through technology. [58], Octopus Energy licenses their proprietary customer management system called Kraken, which runs on Amazon's cloud computing service. It could cost taxpayers 2bn. You can meet Greg Jackson and hear more about where he got where he is today at My Entrepreneurial Journey with Greg Jackson on Thursday, 21 November. Spaces are limited for this very special event so make sure you dont miss out by signing up here. In 2010, Jackson released another instructional book about his ground fighting style called Jackson's MMA - The Ground Game. 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. A relaxed evening talking with Greg Jackson, the founder and Phil Steele Future Technology Evangelist of Octopus Energy.You can email the Octopus team as ref. Contact. He won the Coach of the Year award in 2009, 2010 and 2011. Deepak is a successful entrepreneur himself, taking the tech business he founded from concept to IPO. 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. 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. She has done this all while maintaining some of the very best customer service ratings in the industry. Sign up to receive information regarding NS events, subscription offers & product updates. Greg Jackson was born in Washington D.C. to Kris and Jim Jackson, who were Quakers originally from the Midwest. Update your browser for a better web experience, here and all over the internet. Octopus Energy Group is a British renewable energy group specialising in sustainable energy. 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.. Octopus online presence consistently scores highly with consumer watchdogs and thanks to Rebecca, our customer-centric marketing has helped us achieve exceptional customer growth and the Which? 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. Building on the award winning end-to-end entech platform, Kraken Utilities will create customer centricity and automated, scalable and efficient operations for other traditionally low-tech sectors, allowing innovation at pace. These days, Greg Jackson is the founder behind the only energy company recommended by Which?. 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. [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. He now runs Octopus, the green energy supplier founded in 2015 and valued at 4bn, with more than 3 million customers in 14 countries and backers including former US vice-president Al Gore. The New Statesmans weekly environment email on the politics, business and culture of the climate and nature crises - in your inbox every Thursday. He spends around an hour each day dealing directly with customers to understand that experience better, along with discussing trade-offs such as pricing strategy and infrastructure. The boss of Octopus Energy has a small tub, which pleases him as it is efficient and fills quickly. After his parents split, his mother worked as a barmaid and later studied while on benefits. 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. You have cofounded a number of companies over the last 20 plus years, so its fair to say you are a serial entrepreneur. 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.. [35] As a result of these acquisitions, Octopus now has retail, generation or technology licences in 13 countries across four continents. Greg: Dont get me wrong, profit and value are incredibly important to a companys life-cycle, but happiness should be put above all else. Since our interview, Octopus has rejoined the race, submitting a last-minute bid. 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. I think Im too opinionated. He says it took years to find the 10m he needed to launch Octopus. 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 Extr How would you define a successful business leader? Both investors back businesses that drive sustainability, promote green energy and tackle climate change. 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. Will Dunn is business editor of the New Statesman. As of September 2021 the company has over three million domestic and business customers, making it the fourth largest energy supplier We are also able to license out Kraken to other energy companies, allowing them to make use of the same efficiencies. Do you have any influences that have inspired your entrepreneurial journey and how? The boss has now stated that it has "never . 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. Octopuss other renewables ventures include a huge push to replace gas boilers with heat pumps, and investment in what will be the worlds longest subsea power cable, linking Devon to a vast solar farm in the Moroccan desert. 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. Jackson and his family moved to Albuquerque, New Mexico when he was three years old. We'll cover a range of topics, including asking Greg what 2023 holds for the tech and energy sector at this challenging time, and which technologies he thinks are going to make a difference to the sector in the future. Octopus is his magnum opus, taking on the tired, old energy market . 8 Dislike Share Save. John is a highly experienced energy entrepreneur. With the crisis that toppled so many suppliers continuing to rage, Jackson thinks the chancellor, Rishi Sunak, is right to plough 15bn into addressing the cost of living: It makes economic sense for the government to find ways to bring bills and inflation down. By 2030, Octopus aims to supply around 2.5 million households with green electricity through Fan Club schemes.
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