Both investors back businesses that drive sustainability, promote green energy and tackle climate change. Jackson, 50, grew up near Middlesbrough. Plm was subsequently rebranded as Octopus Energy France. Epitomising the agile leadership that is synonymous with disruptive businesses, Zoisa leads both the generation the business retail arm of Octopus Energy. You can tell if someone grew up in a cold house: we often prefer baths when you get out of the shower you get a real shock, he says. Its bollocks, Greg Jackson, the founder and CEO of Octopus Energy, replies, when I ask what he makes of this idea. On February 5, 2013, Jackson signed with Bellator to coach on the promotion's reality series titled Fight Master: Bellator MMA.[10]. Greg: Believe it or not, I dropped out of school at 16 to start creating video games before eventually going to Cambridge University. Energetic and emotionally intelligent, Tara has almost 20 years of experience in developing breakthrough customer strategies and bringing out the best, most caring sides of individuals and teams doing the most vital of jobs, customer operations. In November 2021, Octopus acquired Italian energy retailer SATO Luce e Gas, rebranding the business as Octopus Energy Italy, investing an initial 51m and targeting 5% of the Italian market by 2025. Whats your take on this concept and how diverse is your leadership ranks in Octopus Energy? As someone whose LinkedIn profile professes a love of disrupting industries that underserve customers and society, its no surprise Greg is passionate about enhancing the customer experience. How much of your upbringing, surroundings and environment influenced your entrepreneurial journey? Greg Jackson starts each day by flicking on the radio and scrunching into his bath. Now his mission is to turn Britain on to renewables, despite the efforts of a small noisy group, including Nigel Farage, attacking net zero goals. Greg Jackson and his gyms have won five World MMA Awards altogether. He believes his thrifty upbringing allows him to empathise with struggling customers. Mark Wahlberg's wife Rhea Durham shares sweet tribute to their daughter Grace on 13th birthday with snaps from . He also holds an MBA from Yale University and is an independent non-executive director of the Thames Estuary Growth Board, where he co-chairs the hydrogen committee, and a Member of the Yale University Alumni Association Board of Governors. He began his career at consumer goods giant Procter & Gamble before running businesses including a coffee shop and a mirror manufacturer. Octopus Energy Group is a British renewable energy group specialising in sustainable energy. Last month Octopus pledged 50m to cut customer bills until Octobers price cap rise, part of a longer-term package worth 150m. Everyone wants to talk about the transition fuel maybe a 20 per cent hydrogen mix in our gas supplies, that kind of thing Even if the hydrogen was zero-carbon which, by the way, the creation of hydrogen so far in the UK at scale is definitely not it would only reduce the carbon emissions of gas by 6-8 per cent because of the lower energy density, [and] it would put bills up dramatically, because hydrogen is a lot more expensive. [1] [22], In February 2021, CEO Greg Jackson said on a BBC News interview that Octopus does not operate a human resources department. By expanding to so many other countries and really capitalising on the technology we create, we are able to have an edge on the competition. [58], Octopus Energy licenses their proprietary customer management system called Kraken, which runs on Amazon's cloud computing service. The companys flexibility platform KrakenFlex will be used together with Elia Groups energy data affiliate, re.alto, to enable electric vehicles, heat pumps and other green technologies to be used for grid balancing. He now runs Octopus, the green energy supplier founded in 2015 and valued at 4bn, with more than 3 million customers in 14 countries and backers including former US vice-president Al Gore. Interview with Entrepreneur - Greg Jackson - CEO of Octopus Energy. Its demoralising that we cant keep bills lower in the short term when we need it most, but we have done a tremendous amount up to now.. Rachel joined Octopus Energy in 2021, bringing with her a wealth of knowledge following more than two decades of experience in energy regulation. [74], "Octopus Energy sees 160% jump in revenue but still records loss due to 'relentless investment', "Blame game begins after the failure of Bulb Energy", "Al Gore's firm buys 483m stake in Octopus Energy Group", "Octopus Energy to take on 100,000 Iresa customers", "M&S cuts ties with Big Six as it partners with Octopus for new energy brand", "Hanwha Reveals Plans of Launching "Next Generation" 100% Renewable Energy Retailer in Australia", "Hanwha Group chooses Octopus Energy technology platform for Aussie launch", "Octopus Energy and Co-op Energy confirm major 'strategic energy partnership', "About our partnership with Co-op Energy, including Flow Energy and GB Energy", "Energy Companies: Which? The UKs biggest energy companies might shrug off such strident criticism from a campaigner, but Octopus has rapidly ascended to challenge what Jackson, 50, calls the lazy oligopoly of the big six. Greg Jackson is CEO of Octopus Energy, which is valued at more than 1.4billion . You can meet Greg Jackson and hear more about where he got where he is today at My Entrepreneurial Journey with Greg Jackson on Thursday, 21 November. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. [67] As a result of the campaign, Octopus registered a 163% increase in sign-ups and gained 37,000 customers. [18] The same month saw the launch of London Power, a partnership with the Mayor of London. There was an unexpected issue while trying to process your request. Rachel also works hand-in-hand with consumer bodies to ensure all customers are well served and benefit from the transition to net zero. [50][51] In November 2021, Octopus Energy announced plans to raise 4 billion to fund the global expansion of its Fan Club model, which would be expanded to include solar farms. [54] In June of that year, the group's fund management team bought the rights to develop the 35MW Gaishecke wind farm near Frankfurt, Germany. Octopus Energy Group operates a wide range of business divisions, including Octopus Energy Retail, Octopus Energy for Business, Octopus Energy Services, Octopus Electric Vehicles, Octopus Energy Generation, Octopus Hydrogen, Kraken, Kraken Flex and the not-for-profit Centre for Net Zero. Greg Jackson was born in Washington D.C. to Kris and Jim Jackson, who were Quakers originally from the Midwest. Deepak holds an MBA in Marketing, Strategy and Information Systems from the Indian Institute of Management and a B Tech in Chemical Engineering from the Indian Institute of Technology. We also create industry leading technology that allows relentless efficiency and world class customer service, enabling us to retain our customers and keep them happy. [45][46] At the time of the acquisition, the generation assets were reported to be worth over 3.4billion. [55], Octopus Renewables is contracted as the investment manager for Octopus Renewables Infrastructure Trust, an investment trust established in 2019 which owns wind and solar generation in the UK, Europe and Australia. Update your browser for a better web experience, here and all over the internet. Recommended Providers", "Best and worst energy companies for 2021 revealed", "ENGIE UK announces the sale of its residential energy supply business to Octopus Energy", "Mayor of London and Octopus Energy's London Power goes live", "Ten fast-growing scaleups drove UK tech boom in 2020, Tech Nations' report shows", "Octopus Energy acquires Upside Energy as it moves to open Manchester tech hub", "CEO Secrets: 'My billion pound company has no HR department', "FT 1000: the fifth annual list of Europe's fastest-growing companies", "UK Customer Satisfaction Index (UKCSI) Institute of Customer Service", "Octopus Energy prepares for air-source heat pump revolution", "Octopus to take on failed Avro Energy's 580,000 stranded customers", "Energy firm to create 300 Manchester jobs through city region partnership", "UK government approves agreement between Bulb and Octopus Energy, providing certainty to 1.5 million customers", "Octopus Energy reaches into Germany with 15m capture of 4hundred", "Australia's Origin Energy to buy 20% stake in UK's Octopus Energy", "Octopus Energy gains unicorn status with 1bn valuation", "Octopus Energy launches into US market with startup acquisition", "Octopus Eyes Japan's Power Market with Tokyo Gas Joint Venture", "Octopus Energy expands into Italy with acquisition of SATO Luce e Gas", "Octopus Energy expands into Spain with Umeme acquisition", "Octopus Energy raises long-term investment to value startup at $5bn", "Stream of customers moving to energy supplier Octopus slows as gas price spikes", "Octopus offers transparency with wholesale price tariff", "Thousands were paid to use extra renewable electricity on windy weekend", "New energy tariff aims to slash charging cost for electric vehicle owners", "Octopus Energy integrates with Amazon Alexa for smart energy use", "Octopus Energy and Ebico join forces to make sustainable heating cheaper", "Octopus Investments increases solar portfolio financing", "FCA clears acquisition of Octopus Renewables by Octopus Energy", "Octopus Energy takes control of group renewables unit", "Tesla Energy Plan launched inviting homes to become part of Virtual Power Plant", "Octopus leans into wind power generation", "Octopus Energy launches 'world first' local time of use Fan Club tariff", "Octopus to Raise 4bn to Expand its 'Fan Club' Model for Local Renewables", "Octopus Energy Group signs deal with Elia Group for European smart green energy grid", "Octopus makes German wind investment as it plans future Fan Club tariff expansion", "Octopus to make offshore wind core investment focus", "Octopus rebrands roaming charge service to become 'Electric Universe', "Octopus Energy choses AWS as its preferred cloud provider for Kraken", "Good Energy turns to Octopus' Kraken for customer services platform", "E.ON allies with Octopus Energy to revamp UK retail business", "E.ON hails turnaround in UK retail business with 100m earnings jump", "Two million customers migrated to Kraken powered E.ON Next in 'record time', "EDF to move 5m customers to Octopus Energy Group digital platform", "How Kraken is waking up customer service for global partners", "We're working with Octopus Energy on a Climate Change Art Prize", "How Octopus Energy used art to get people to switch to green energy", "EI Awards 2020 recognise energy sector's 'indispensable contribution', "The Solar Powered Message of COP26 | Grace Of The Sun", "Ad slots were not planned by us. [23], In March 2021 the Financial Times listed Octopus at number 23 on their list of the fastest growing companies in Europe. Octopus energy is the UK's fourth largest energy provider, which boss Greg Jackson says he started because people were "paying too much" on their bills. He's founded a number of successful businesses, including e-commerce company C360, built HomeServe's innovation business and is an angel investor in a wide range of tech start-ups. Diversity is extremely important during our hiring process, and we anonymise CVs so that we can hire for the people behind the name and profile. [12][13], In both 2018 and 2019, Octopus was the only energy supplier to earn "Recommended Provider" status from the Which? [5], By April 2018, the company had 198,000 customers and had made an energy procurement deal with Shell. A day later, Generation Investment Management, a fund chaired by Al Gore, committed to a $600m investment in Octopus. He won the Coach of the Year award in 2009, 2010 and 2011. There, Rebecca was Head of Marketing for Dyno Rod, and Head of Product for Hive 2 Thermostats, one of the most sought-after energy products of its time. People thought electric vehicles wouldnt take off but look at Tesla now. The mop-topped energy boss, dressed in grey T-shirt and jeans, has become the acceptable face of a pariah industry. Greg is a serial tech entrepreneur and expert on all things business, having founded, sold and invested in a number of successful e-commerce businesses over the years. About Greg Jackson: Greg is an experienced digital entrepreneur, passionate about making the green energy revolution affordable through technology. Greg is an experienced digital entrepreneur, passionate about using technology to make positive change. You can tell if someone grew up in a cold house: we often prefer baths when you get out of the shower you get a real shock, he says. Currently, Octopus Energy has more than 750,000 customers with 100 per cent renewable electricity, despite only setting up three years ago. We have a technology licensing business with big customers like E.ON and EDF, and weve invested in generation and a heat pump centre. One department looks after Electric Juice, a service that lets customers add car-charging payments to their electricity bill. I learned a big chunk of what I know from a brilliant HR Director, Dennis Shuler at Procter & Gamble, who was a massive advocate of decentralisation and people centred management. that helped retail financial services businesses re-invent product offers online. [16][17], In January 2020, ENGIE UK announced that it was selling its residential energy supply business (comprising around 70,000 UK residential customers) to Octopus. He has never taken a bonus, and owns a 6% stake, worth about 240m. The customer accounts will be migrated onto Kraken from 2023, increasing the number of energy accounts contracted to be served via Kraken to over 20million worldwide. In 2009, Jackson released an instructional book about his fighting style called Jackson's MMA - The Stand Up Game. Before joining Octopus, Rachel served as the Chief Executive of Ofwat, the UK's water regulator, and as a Senior Partner and Board member of Ofgem, the UK energy regulator. More recently in my work history Ive specialised in creating technology & ecommerce platforms, something me and Octopus Energy CTO James Eddison did together for clients such as Greene King and SAP. Support 100 years of independent journalism. Driving full energy system change, the Group consists of 10 businesses across the energy value chain, operating in 8 countries globally and supporting 3.2 million customers in the UK. Our CEO Greg explains why standing charges are higher on new energy tariffs, and why electricity standing charges have gone up more than gas ones. Octopus Energy is one of the fastest growing energy firms to ever launch in Britain and is on track to join the Big Six utility providers. In order to provide you with the latest digital energy web services you need to use the latest and greatest web browsers. Headquartered in London, the company has operations in the UK, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States. Could Octopus become another Bulb? Its actually more than that: bringing down energy costs is one of the reasons I started the business, he says. The last 12 months has been tough on a lot of businesses due to the COVID 19 pandemic. If the problem persists, please contact support. She loves supporting kind, high performing teams and individuals who want to positively change the world. Octopus Energy was established in August 2015 as a subsidiary of Octopus Capital Limited. By 2030, Octopus aims to supply around 2.5 million households with green electricity through Fan Club schemes. Since launching in 2018, Zoisa's team has accrued 40,000 customers, from SMEs to large organisations such as Arsenal FC. He writes on a range of topics including inflation, Brexit, the Bank of England, the world of work and the cost of living crisis. Were nothing like Bulb.. James has been instrumental in the creation of Octopus Energys proprietary technology, digital-first offerings and its global expansion. Octopus Energy is one of the fastest growing energy firms to ever launch in Britain and is on track to join the Big Six utility providers. Coaches Honored with Jackson/Winkeljohn Dat, How a powerhouse MMA gym rose out of necessity and is helping others, Ranking the 10 Best Camps in MMA Right Now, Rankings Spotlight: MMAs Top 5 Fight Gyms, "War And Peace In Jackson's Gym - SI.com - Magazine", "Fighters Only World Mixed Martial Arts Awards 2010 - 2009 Winners", "Bellator's 'Fight Master' reality series set for summer debut on Spike TV", Jacksons Wink MMA Academy - Official Website, https://en.wikipedia.org/w/index.php?title=Greg_Jackson_(MMA_trainer)&oldid=1055483227, Sportspeople from Albuquerque, New Mexico, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 16 November 2021, at 03:38. The contemporary Jackson-Wink MMA Academy won the same award in 2015.[9]. A newsletter showcasing the finest writing from the ideas section and the NS archive, covering political ideas, philosophy, criticism and intellectual history - sent every Wednesday. Profit? He now runs Octopus, the green energy supplier founded in. Jackson said that Octopus would be monitoring GB News content to ensure the channel would not be in breach of Octopus' advertising policy. Rumours are that he may be training Zack "The Assassin" Stiles, 16 year old, in the future. What is the secret behind the growth and success of Octopus Energy? She is Chief Marketing and Product Officer at Octopus Energy. Upon the acquisition, Octopus announced it was targeting a million Spanish energy accounts under its brand by 2027. Youll be able to fuel your car for free, make steel for free, do indoor farming with virtually zero energy costs. But the current reality is that in government, too, the pace of change is frustratingly slow: a wind farm can be built in 12 months, and an undersea cable between the UK and France can be laid in ten days, but approval and grid connections can take years. There are companies whose entire asset base [is] in gas, he continues, and they will relentlessly try to tell us gas is the solution, or hydrogen is the solution. For those that don't know Octopus Energy, they are UK's fastest growing green energy retailer and are currently valued at $2 billion. [47][48], In October 2020, Octopus partnered with Tesla Energy to power the Tesla Energy Plan, which is designed to power a home with 100% clean energy either from solar panels or Octopus. In your view what does it mean to be an entrepreneur and are all entrepreneurs businessmen or women? Sunday: 8am - 11pm, Interview with Entrepreneur - Greg Jackson - CEO of Octopus Energy. As the Observer arrives at the headquarters near Oxford Circus, in central London, for our interview, Jackson cheerfully leaps up from his desk among the troops. The boss of Octopus Energy has a small tub, which pleases him as it is efficient and fills quickly. Octopus Energy for Business works with companies to provide future-proof energy services, supplying them with 100% renewable and fairly priced power. As of September 2021 the company has over three million domestic and business customers, making it the fourth largest energy supplier Im just gobsmacked anyones opposing this., Does being a flag-bearer for green energy get him in hot water at dinner parties? The division is also behind Octopus Energys Fan Club, a local energy tariff that provides cheaper energy when the wind blows. I dont just want them to come in and do things for the company. Internally its called Winder (wind-Tinder, geddit?). Octopuss youthful workforce is poring over energy consumption charts and enthusing about that bespoke tech, called Kraken, which will now be licensed to other utility companies. In September 2021, Octopus Energy Group was valued at approximately $5 billion following a $600 million investment from Generation Investment Management and a $300 million investment from Canada Pensions Plan Investments Board. [56][57], The Electric Universe service, which aims to simplify public charging of electric vehicles, was launched in 2020 as Electric Juice and rebranded in 2022. Day-to-day, she works closely with regulators, industry bodies and policy makers to shape the energy system of the future. He's founded a number of successful businesses, including e-commerce company C360, built HomeServe's innovation business and is an angel investor in a wide range of tech start-ups. In May 2020, her team launched the Electric Juice Charging Network, the UK's first consolidated network of charge point providers that allows users to charge their EVs across the UK with all costs appearing on a single bill. . Theyve secured excellent leasing rates on leading EVs, designed a great EV salary sacrifice scheme to help businesses increase the uptake of EVs, created energy tariffs designed specifically for EV drivers, and have partnered with smart charging tech companies to enable customers to access cheap and green energy rates with ease. [42], As part of their partnership agreed in August 2019, Midcounties Co-operative and Octopus established a joint venture to develop the UK's community energy market and encourage small-scale electricity generation. Her work focused on making essential services sustainable, high quality and affordable. Contact. Sign up to receive information regarding NS events, subscription offers & product updates. How we work The New Statesmans global affairs newsletter, every Monday and Friday. I also have had non-executive and chairman roles at peer-to-peer lender Zopa and Consultant Connect. One business C360 that was subsequently acquired, was founded to pioneer a new way of using technology to drive marketing or as Greg puts it SaaS before it was trendy. Greg is also an investor in several tech start-ups and as an advisor, supports companies and entrepreneurs with fundraising, mergers, acquisitions and strategy. Launched in 2016, the company's mission is to bring cheaper, greener power to all. Clem led Octopus Energys campaign for an energy price cap and has worked closely with government to help drive policy for the decarbonisation of heat and support the transition to a more renewable grid. In regards to your global expansion plans, Octopus Energy is currently located in three continents, do you have any plans of expanding into Africa or acquiring any green energy businesses in Africa? These include: In March 2019, Octopus announced it had partnered with Amazon's Alexa virtual assistant, to optimise home energy use through the Agile Octopus time-of-use tariff. 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