Octopus Energy Group - Latest News [Page 1]
Second Emissions Reduction Plan Shows Need For Greater Electricity Competition
Wednesday, 11 December 2024, 10:24 pm | Octopus Energy Group
The second ERP released today shows that in order for the Government to meet its emission reduction ambitions there needs to be meaningful change to make the electricity market more competitive and enable new entrants to invest and scale up the sector. ... More >>
New Report Recommends Electricity Separation In New Zealand
Friday, 6 December 2024, 9:49 am | Octopus Energy Group
“New Zealanders are currently facing another year of significant electricity prices and power shortages. The Government needs to act on the recommendations of international experts and make sure the electricity market delivers for New Zealand,” says Margaret ... More >>
Electricity Market Review Must Translate Into Action
Friday, 15 November 2024, 3:32 pm | Octopus Energy Group
At a time when we need businesses and households to shift more of their energy usage to electricity, we are on track for a big increase in electricity costs for households and businesses. More >>
Poll Shows Two Thirds Of Kiwis Think Electricity Profits Are Too High
Friday, 18 October 2024, 1:06 pm | Octopus Energy Group
63 percent think the Government isn’t doing enough to bring down power prices while nearly half would support them breaking up the retail and generation arms of the big power companies to increase competition. More >>
Government Policy Statement For Affordable Electricity A Step In The Right Direction
Friday, 11 October 2024, 1:45 pm | Octopus Energy Group
“Consumer flexibility drives down the cost of the energy system by at least 5%, and also allows us to integrate intermittent renewable generation more quickly and cost effectively. More >>
Highest Ever Increase In Electrical Industry Sales Shows Need For Urgent Action
Thursday, 26 September 2024, 12:59 pm | Octopus Energy Group
“Make no mistake, an increase of this magnitude should not be swept under the rug and ignored. This is additional to the bill paid by New Zealand to the energy sector. There is currently an energy crisis in New Zealand,” says Octopus Energy NZ Chief ... More >>
Closure Of Winstone Pulp International Shows Need For Urgent Change In Electricity Market
Monday, 16 September 2024, 2:20 am | Octopus Energy Group
Octopus Energy's COO warns that New Zealand's prolonged high electricity prices necessitate urgent regulatory changes for increased market competition and improved investment. More >>
Electricity Competition Task Force Welcomed, But Follow-through Needed
Wednesday, 28 August 2024, 1:19 pm | Octopus Energy Group
Octopus has consistently advocated for the adoption of mechanisms the UK has adopted, where households who choose to reduce their consumption during periods of limited supply can be paid for taking demand out of the system. More >>
Faster Action Needed For Competitive Electricity Markets
Tuesday, 18 June 2024, 2:23 pm | Octopus Energy Group
The Electricity Authority’s low-key release of the big four electricity generator-retailers’ self-disclosed pricing data is a reminder that urgent action is needed to ensure competitive electricity markets for households and businesses, Octopus Energy Chief ... More >>
UK’s Octopus Energy Launches In NZ, Lighting The Way For A Sustainable Future
Friday, 10 June 2022, 6:25 am | Octopus Energy Group
After attracting more than 3.5 million customers across nine countries, Octopus Energy has launched in New Zealand, giving Kiwis a low-cost option to keep warm this winter. Founded in the UK in 2015, Octopus Energy has built its global reputation ... More >>
Octopus Energy Group Boosts Kraken’s Capabilities With Innovative ‘EnTech’ Software
Wednesday, 10 March 2021, 11:21 am | Octopus Energy Group
London, 9th March, 2020 . Technology unicorn Octopus Energy Group, the UK’s fastest growing energy supplier, today announces the purchase of Configurable, an advanced energy software created by Wellington-based Marvel Labs, in a move to super-charge ... More >>