Tag: Octopus Energy Group

Octopus Energy Group to spin off Kraken

Stuart Mitchell

Octopus Energy Group has announced the spin-off of its world-leading technology company, Kraken, in a move aimed at speeding up the platform’s expansion across the globe. Launched as part of the Octopus Energy Group, Kraken’s AI-powered platform is now contracted to serve over 70 million household and business accounts worldwide. It has grown into the world’s most advanced and proven data-driven operating system for utilities, processing 15 billion new data points a day. The spin-off marks a major strategic milestone, allowing Kraken to fast-track investments into its technology, expand into…

Read More

Octopus Energy Group and Tech Nation relaunch “Tech Zero” climate action initiative

Stuart Mitchell

Octopus Energy and Tech Nation are reigniting the Tech Zero climate initiative for tech companies to accelerate the drive to a clean economy. Since first launching in 2021, the initiative has provided the support and resources needed to help tech companies commit to net zero carbon emissions. With 400 members, it has become the largest tech campaign committed to climate action in the UK. Tech Zero is free to access and accepts members of all sizes.  Now, backed by Octopus Energy and Tech Nation, Tech Zero will continue this support,…

Read More

TAQA and Octopus Energy Group’s Kraken team up to drive decarbonisation in the Middle East and Eurasia

Stuart Mitchell

Next generation energy technology provider Kraken Technologies is teaming up with Abu Dhabi National Energy Company PSJC (TAQA), one of the largest listed integrated utilities in Europe, the Middle East and Africa to launch a pilot project to trial the Kraken platform with TAQA’s power and water customers in the UAE. This program supports TAQA’s focus on operational excellence, optimisation and digitalisation across the value chain to improve customer services as well as exemplifying a high-performing and efficient transmission and distribution business.  The companies are also exploring a joint venture…

Read More