Octopus aims to make the energy supply chain smarter—and cheaper. The renewable-energy provider offers opt-in services like the new Intelligent Octopus, which uses machine learning to automatically charge electric vehicles during off-peak times, balancing the grid and slashing EV owners’ bills by two-thirds. Founded in 2016, Octopus developed a unique tech platform, Kraken, which already helps provide energy to nearly 50% of the U.K. and a third of Australia. It plans to invest $1.21 billion in the Asia-Pacific energy market by 2027. “By demonstrating that the energy transition can be good for customers, we’re helping align climate goals with political priorities,” says CEO and founder Greg Jackson.
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