--- description: Find out why Octopus Energy was selected for the list title: TIME100 Most Influential Companies 2023: Octopus Energy image: https://static.time.com/v3/assets/bltea6093859af6183b/blte838acaf624314f1/698a3dc9cabb1d73a8e517cb/time100-companies-Octopus-Energy-2023.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Jun 21, 2023 # Octopus Energy Finding efficiency by Alison Van Houten  An electric Octopus Energy van. An electric Octopus Energy van.Courtesy of Richard Boll/Octopus Energy [Octopus](https://octopus.energy/ "undefined") 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**](https://www.theguardian.com/business/2022/jun/11/octopus-energys-greg-jackson-climate-change-is-no-longer-this-vague-thing "undefined")**.** _A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders._ [_Join the Leadership Brief_](https://cloud.newsletters.time.com/signup?nln=leadership&source=100companies "undefined"). ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies-2023/6285221/octopus-energy/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies-2023/6285221/octopus-energy/"},"headline":"TIME100 Most Influential Companies 2023: Octopus Energy","datePublished":"2023-06-21T10:55:40.000Z","dateModified":"2026-03-03T00:16:16.014Z","description":"","url":"https://time.com/collections/time100-companies-2023/6285221/octopus-energy/","keywords":["TIME100 Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blte838acaf624314f1/698a3dc9cabb1d73a8e517cb/time100-companies-Octopus-Energy-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"TIME Staff","jobTitle":null,"url":"https://time.com/author/time-staff/"}],"creator":"TIME Staff","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blte838acaf624314f1/698a3dc9cabb1d73a8e517cb/time100-companies-Octopus-Energy-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies-2023/6285221/octopus-energy/","name":"TIME100 Most Influential Companies 2023: Octopus Energy"}}]}] ```