Octopus Energy

Energy Transitions Commission (ETC) Urges Government and Industry Collaboration to Overcome Perceptions of Offshore Wind Energy 'in Crisis'

Retrieved on: 
Thursday, May 2, 2024
Kilowatt-hour, COVID, Nature, Rabobank, Arup, BP, ETC, IEA, Electricity, Energy Transitions Commission, World Resources Institute, Business, Wind, Iberdrola, Wind power, Octopus Energy, National Grid, HSBC, Shell, Growth, International Energy Agency, Renewable energy

The ETC's membership includes offshore wind industry players: bp, Iberdrola, Octopus Energy, Petronas, Shell, SSE, and Vattenfall.

Key Points: 
  • The ETC's membership includes offshore wind industry players: bp, Iberdrola, Octopus Energy, Petronas, Shell, SSE, and Vattenfall.
  • But in 2022-2023, inflation, supply chain bottlenecks, and higher interest rates led to rising offshore wind costs in some markets.
  • A perceived offshore wind "crisis" ensued, in the UK and US markets in particular, as many projects and contracts were cancelled.
  • – Agustín Delgado, Chief Innovation and Sustainability Officer, Iberdrola
    Overcoming Turbulence in the Offshore Wind Sector has been developed in collaboration with ETC members from across industry, financial institutions, and environmental advocacy.

Energy Transitions Commission (ETC) Urges Government and Industry Collaboration to Overcome Perceptions of Offshore Wind Energy 'in Crisis'

Retrieved on: 
Thursday, May 2, 2024
Kilowatt-hour, COVID, Nature, Rabobank, Arup, BP, ETC, IEA, Electricity, Energy Transitions Commission, World Resources Institute, Business, Wind, Iberdrola, Wind power, Octopus Energy, National Grid, HSBC, Shell, Growth, International Energy Agency, Renewable energy

The ETC's membership includes offshore wind industry players: bp, Iberdrola, Octopus Energy, Petronas, Shell, SSE, and Vattenfall.

Key Points: 
  • The ETC's membership includes offshore wind industry players: bp, Iberdrola, Octopus Energy, Petronas, Shell, SSE, and Vattenfall.
  • But in 2022-2023, inflation, supply chain bottlenecks, and higher interest rates led to rising offshore wind costs in some markets.
  • A perceived offshore wind "crisis" ensued, in the UK and US markets in particular, as many projects and contracts were cancelled.
  • – Agustín Delgado, Chief Innovation and Sustainability Officer, Iberdrola
    Overcoming Turbulence in the Offshore Wind Sector has been developed in collaboration with ETC members from across industry, financial institutions, and environmental advocacy.

Enphase Energy Reports Financial Results for the First Quarter of 2024

Retrieved on: 
Tuesday, April 23, 2024
NEM, Octopus Energy, Solar energy, Energy, Semper Solaris, Public expenditure, Enphase Energy, Tax, Acquisition, AC, GAAP, IRA, Renewable energy

Our non-GAAP operating expenses were $82.6 million in the first quarter of 2024, compared to $86.6 million in the fourth quarter of 2023.

Key Points: 
  • Our non-GAAP operating expenses were $82.6 million in the first quarter of 2024, compared to $86.6 million in the fourth quarter of 2023.
  • Our non-GAAP operating income was $39.0 million in the first quarter of 2024, compared to $65.6 million in the fourth quarter of 2023.
  • Our capital expenditures were $7.4 million in the first quarter of 2024, compared to $20.1 million in the fourth quarter of 2023.
  • On April 11, 2024, Enphase Energy announced the launch of Enphase Power Control software that can integrate with the Enphase® Energy System™ in North America, enabling Enphase Power Control to dynamically control the power produced by an Enphase Energy System.

Enphase Energy Partners with Octopus Energy Group in the United Kingdom

Retrieved on: 
Monday, April 22, 2024
Octopus Energy, Enphase Energy, Communication, Electricity, AC, ENPH, Growth, Renewable energy

The parties will focus on deploying Enphase IQ8™ Microinverters and IQ™ Battery 5P™ in the United Kingdom.

Key Points: 
  • The parties will focus on deploying Enphase IQ8™ Microinverters and IQ™ Battery 5P™ in the United Kingdom.
  • Octopus Energy’s retail customers in the United Kingdom can now integrate Enphase’s home solar and battery systems in their energy plans to unlock low-cost residential energy rates.
  • "This strategic relationship is an exciting step forward in solar technology growth and homeowner empowerment in the United Kingdom,” said Devrim Celal, CEO of Kraken Technologies, part of the Octopus Energy Group.
  • For more information about Enphase Energy Systems in the United Kingdom, visit the website .

Linux Foundation Energy Announces New Open Source Initiatives for Substation Digitalization, Energy AI and Data, and More

Retrieved on: 
Tuesday, April 16, 2024
NODE, AI, Texas Instruments, IEEE, Partnership, Everest Spices, Policy, Privacy, RMI, Shell, Knowledge, Compas, Software, RMI (energy organization), Conference, RTE, Documentation, EV, Omicron, Annual report, API, SAN, Johns Hopkins University, Building, Request for proposal, LF Energy, Research, International adoption, Confidentiality, Organization, Weather, Transpower, Initiative, Electronics, Octopus Energy, Interest group, Member, Open, Growth, Renewable energy

SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- LF Energy, the open source foundation focused on harnessing the power of collaborative software and hardware technologies to accelerate the energy transition, is pleased to announce that four new open source technical projects and three new working groups have been accepted into the foundation. These initiatives will provide the energy sector with new resources around digital substations, preparing for extreme weather events, taking advantage of advances in data and AI technologies, and more. This comes ahead of the Open Sustainability Policy Summit and Open EV Charging Summit, both of which LF Energy is hosting with partners in May.

Key Points: 
  • LF Energy hosts working groups, which bring together communities of disparate stakeholders to identify challenges and develop open source solutions for the energy transition.
  • LF Energy AI is a Special Interest Group created to drive AI for energy priorities forward.
  • LF Energy is organizing three upcoming events to gather various groups of energy stakeholders to learn and share best practices and open source solutions for the energy transition.
  • "We are pleased to see support for open source software, hardware, and standards growing to drive the energy transition forward," said LF Energy Executive Director Alex Thornton.

Databricks Launches Data Intelligence Platform for Energy, Bringing Generative AI Capabilities to the Energy Sector

Retrieved on: 
Tuesday, April 9, 2024
Knowledge, CONNECT, Seeq, Octopus Energy, Energy market, Databricks, Organization, Wind, Carbon, LLM, BKO, IP, Catalog, TotalEnergies, AVEVA, Chevron Phillips Chemical, Partner, AMI, Australian Energy Market Operator, Data analysis, Internet of things, Risk, SAN, SVP, Smart meter, Anomaly, Utility, Energy, Privacy, Weather, Shell, AEMO, Digital, Industrial internet of things, Blog, AI, Architecture, Machine learning, Knowledge base, Forecasting, Growth, Transport, Natural Resources, IDEA, Digital twin, ETL, Ecosystem, Renewable energy

SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector. Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP. Energy leaders gain a holistic view into their operations in real time to preemptively address maintenance needs, reduce unplanned downtime, accurately forecast energy generation, and take action for a more efficient, sustainable future.

Key Points: 
  • New Databricks offering provides pre-built accelerators, marketplace solutions, and an ecosystem of partner capabilities tailored to organizations across the energy industry
    SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks , the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector.
  • Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP.
  • Databricks' Data Intelligence Platform for Energy plays a key role in this, allowing us to process and analyze large data sets generated by smart meters," said David Sykes, Head of Data at Octopus Energy.
  • For more information about the Data Intelligence Platform for Energy, read the Databricks blog or visit Databricks' Energy Industry homepage .

Databricks Launches Data Intelligence Platform for Energy, Bringing Generative AI Capabilities to the Energy Sector

Retrieved on: 
Tuesday, April 9, 2024
Knowledge, CONNECT, Seeq, Octopus Energy, Energy market, Databricks, Organization, Wind, Carbon, LLM, BKO, IP, Catalog, TotalEnergies, AVEVA, Chevron Phillips Chemical, Partner, AMI, Australian Energy Market Operator, Data analysis, Internet of things, Risk, SAN, SVP, Smart meter, Anomaly, Utility, Energy, Privacy, Weather, Shell, AEMO, Digital, Industrial internet of things, Blog, AI, Architecture, Machine learning, Knowledge base, Forecasting, Growth, Transport, Natural Resources, IDEA, Digital twin, ETL, Ecosystem, Renewable energy

SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector. Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP. Energy leaders gain a holistic view into their operations in real time to preemptively address maintenance needs, reduce unplanned downtime, accurately forecast energy generation, and take action for a more efficient, sustainable future.

Key Points: 
  • New Databricks offering provides pre-built accelerators, marketplace solutions, and an ecosystem of partner capabilities tailored to organizations across the energy industry
    SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks , the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector.
  • Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP.
  • Databricks' Data Intelligence Platform for Energy plays a key role in this, allowing us to process and analyze large data sets generated by smart meters," said David Sykes, Head of Data at Octopus Energy.
  • For more information about the Data Intelligence Platform for Energy, read the Databricks blog or visit Databricks' Energy Industry homepage .

Boasting Highest Number of Unicorns in Europe, the U.K. Celebrates Startups with Limited-Time Statue in New York City

Retrieved on: 
Wednesday, March 27, 2024
Hardware, Other Communications, Start-Up, Technology, Finance, Marketing, Fintech, Advertising, Communications, Professional Services, Artificial Intelligence, Other Technology, Biotechnology, Software, Internet, Health, Solar, Starling Bank, Growth, Octopus Energy, Research, Revolut, Artificial intelligence, AI, DeepMind, Marshmallow, Breeding, Quantum, Cowboy, Rise, Government, Barclays, GREAT, Cryptocurrency

GREAT’s Ever-Changing Statue, created by British company HYPERVSN, serves as a monument to the Unicorn Kingdom, GREAT’s campaign to highlight the U.K.’s world-leading tech ecosystem.

Key Points: 
  • GREAT’s Ever-Changing Statue, created by British company HYPERVSN, serves as a monument to the Unicorn Kingdom, GREAT’s campaign to highlight the U.K.’s world-leading tech ecosystem.
  • See a full list of all founders featured on the statue here .
  • The country has generated more unicorn companies than France and Germany combined, with particular strengths in artificial intelligence, fintech, health and biotech.
  • Though the number of unicorns worldwide has increased to over 1,000, unicorns still represent less than 1% of all venture-backed startups .

Tilia Homes and Hopkins Homes announce 'Zero Bills' partnership with Octopus Energy

Retrieved on: 
Tuesday, April 2, 2024
Octopus Energy, Partnership, Tilia Homes, Save, Watt, HBF, Carbon, Terra firma, NHBC, Housing, Heart, Home Builders Federation, Octopus, Tilia, Renewable energy

SOLIHULL, England, April 2, 2024 /PRNewswire/ -- Tilia Homes and Hopkins Homes have today announced they have joined Octopus Energy's 'Zero Bills' proposition on an exclusive number of properties.

Key Points: 
  • SOLIHULL, England, April 2, 2024 /PRNewswire/ -- Tilia Homes and Hopkins Homes have today announced they have joined Octopus Energy's 'Zero Bills' proposition on an exclusive number of properties.
  • Simon Gabbitas, Group ESG Director for Tilia Homes and Hopkins Homes, said: "As the cost-of-living crisis continues to bite, we are delighted to join forces with Octopus Energy to offer drastically reduced home running costs for our customers.
  • "At Tilia Homes and Hopkins Homes, we are committed to reducing carbon emissions and exploring new ways to incorporate cutting-edge technology, materials, and designs into our developments to boost energy efficiency.
  • With our 'Zero Bills' smart proposition, Tilia Homes and Hopkins Homes homeowners can enjoy not only energy bill-free homes, but also a genuine shift towards sustainable living.

Tilia Homes and Hopkins Homes announce 'Zero Bills' partnership with Octopus Energy

Retrieved on: 
Tuesday, April 2, 2024
Octopus Energy, Partnership, Tilia Homes, Save, Watt, HBF, Carbon, Terra firma, NHBC, Housing, Heart, Home Builders Federation, Octopus, Tilia, Renewable energy

SOLIHULL, England, April 2, 2024 /PRNewswire/ -- Tilia Homes and Hopkins Homes have today announced they have joined Octopus Energy's 'Zero Bills' proposition on an exclusive number of properties.

Key Points: 
  • SOLIHULL, England, April 2, 2024 /PRNewswire/ -- Tilia Homes and Hopkins Homes have today announced they have joined Octopus Energy's 'Zero Bills' proposition on an exclusive number of properties.
  • Simon Gabbitas, Group ESG Director for Tilia Homes and Hopkins Homes, said: "As the cost-of-living crisis continues to bite, we are delighted to join forces with Octopus Energy to offer drastically reduced home running costs for our customers.
  • "At Tilia Homes and Hopkins Homes, we are committed to reducing carbon emissions and exploring new ways to incorporate cutting-edge technology, materials, and designs into our developments to boost energy efficiency.
  • With our 'Zero Bills' smart proposition, Tilia Homes and Hopkins Homes homeowners can enjoy not only energy bill-free homes, but also a genuine shift towards sustainable living.