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.
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief.
- Where Trump 2.0 Will Differ From 1.0
- How Elon Musk Became a Kingmaker
- The Power—And Limits—of Peer Support
- The 100 Must-Read Books of 2024
- Column: If Optimism Feels Ridiculous Now, Try Hope
- The Future of Climate Action Is Trade Policy
- FX’s Say Nothing Is the Must-Watch Political Thriller of 2024
- Merle Bombardieri Is Helping People Make the Baby Decision