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The Latest Breaking News from Octopus Energy

Britain strengthens ties with California as new clean energy and climate agreement signed

Miliband and Newsom signed the agreement at the Munich Security Conference on Monday

The Independent UK

The cosiest bedroom upgrades that can also lower your energy bills

From stopping draughts to smarter heating and better bedlinen, small changes in your bedroom can make a big difference

The Independent UK

Energy boss says China’s tech offers ‘golden opportunity’ for UK

IN FULL

The Independent UK

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Octopus boss says China’s energy tech marks ‘golden opportunity’ for UK

The energy boss recently accompanied Sir Keir Starmer on a UK delegation to China

The Independent UK

UK must work with China on energy tech or get ‘left behind’, says Octopus boss

It comes after Octopus struck a joint venture deal with Chinese firm PCG Power late last month to expand into China for the first time.

Evening Standard

UK electric vehicle charging firms ‘seeking buyers amid rising costs and tough competition’

Mergers and acquisitions will shrink number of operators from more than 100 to five or six, says Be.EV co-founder

The Guardian - UK

Friends with benefits: how referral schemes can really pay off

Earn money and other rewards by linking friends and family up to companies you use, from banks to energy firms

The Guardian - UK

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What has the UK got out of Keir Starmer’s China visit?

Here the Press Association looks at some of the key announcements made, as well as the issues raised during the Prime Minister’s trip to China.

Evening Standard

Octopus Energy to trade renewables in China after striking joint venture

The UK’s largest energy supplier announced the strategic partnership amid the Prime Minister’s visit to China.

Evening Standard

These living room changes can save money on your energy bills

From smart thermostats to lighting – discover the habit changes that can cut energy waste

The Independent UK

Experts reveal the surprisingly low cost of running an electric blanket

How much do they cost to run, and how does this compare with central heating? We have the answers

The Independent UK

Why is the UK investing in £6.45bn Kraken when it doesn’t need public money?

Given the software company’s size and funding options, British Business Bank’s investment looks like mission creep

The Guardian - UK

ScottishPower named worst energy supplier for customer service

Which? survey ranks many of Great Britain’s biggest suppliers near bottom, with British Gas and EDF Energy also scoring poorly

The Guardian - UK

Wind is now one of the world’s biggest electricity sources. So why are we switching turbines off?

Wind power has surged across Europe, sparking concern that billions are being wasted due to "insufficient" grid investment.

Euronews

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Evening Standard

Octopus boss calls for action to make London top choice for possible Kraken IPO

Greg Jackson said the group is considering a potential flotation of its AI powered platform in the next two to three years.

Evening Standard

Warm weather hit sees Octopus slump to annual loss

Britain’s biggest energy supplier reported a £260.1 million pre-tax loss for the year to April 30 against profits of £77.6 million the previous year.

The Independent UK

Octopus Energy sells stake in software arm Kraken, valuing unit at £6.4bn

The move paves the way for the demerger of Kraken Technologies and a possible stock market flotation.

The Guardian - UK

Octopus Energy to sell stake in software spin-off Kraken at $8.65bn valuation

CEO of Britain’s biggest household energy supplier says technology arm could float in the medium term

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The Independent UK

Too good to be true? New scheme promises chance to live in a house with zero energy bills

New homeowners could save nearly £1,800 a year on average

The Independent UK

Martin Lewis mounts pressure on energy firms to deliver Labour’s £150 bill cut

Energy companies have been told there is a ‘clear expectation’ of them

The Guardian - UK

Use smart tech, turn heat down, service boilers: how to save money on energy bills

From turning down thermostats to make savings to installing reflectors to push warmth back into your home

The Guardian - UK

Scrapping green subsidies is short-termist sabotage – and as usual the consumer will pay

Weaning ourselves off gas is the only way to reduce energy bills long term. Cutting support for this is exactly the ‘sticking-plaster politics’ Labour promised to end, says CEO of Electrify Britain Camilla Born

The Independent UK

Major energy companies offer free electric blankets to save up to £300 on bills

Certain households struggling with energy bills can take advantage of this complimentary offer

The Guardian - UK

Energy bills likely to rise by 20% in next four years, says Britain’s biggest supplier

MPs told that even if wholesale prices plummet, consumers face higher bills owing to costs of government policies

Evening Standard

Electricity prices set to jump 20% within five years, energy firm warns

Bosses also blamed ‘complex regulations’ for the UK having higher wholesale energy prices than some other European countries.

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