Octopus Power lately introduced a multi-hundred million pound funding to allow us to speed up and enlarge our mission to assist make the inexperienced vitality transition sooner and cheaper globally.
One thrilling element of our plans is the Future Power Analysis Centre, which we anticipate to formally launch in Autumn 2020, and we’re recruiting for now (certainly, we have acquired nearly 100 functions from proficient folks even earlier than we have begun formal recruitment).
Like different firms, Octopus Power provides inexperienced electrons to energy houses and companies – and that’s nice because it funnels cash to inexperienced turbines (together with Octopus Group) – but it surely barely strikes the needle on desperately wanted system-change. And to battle local weather change we have to change the system quick and on an enormous scale.
The Future Power Analysis Centre will develop “clear sheet of paper” fashions for a clear vitality system, after which work out methods to make that actual, ranging from the place we’re in the present day.
Octopus Power has a wealth of knowledge on renewable era and funding from our guardian firm, Octopus Group, which is the UK’s main investor in photo voltaic era and is quickly increasing into wind, in addition to investing in different nations. And we’ve got monumental quantities of distinctive knowledge on how vitality customers reply to alternative ways of consuming vitality by means of our groundbreaking work on variable, dynamic and time of use tariffs, and techniques for partaking all clients within the alternative to vary their utilization at instances when the grid has extra or inadequate inexperienced vitality. Most lately we provided to pay 100,000 clients with good meters for utilizing energy in an experiment that pave the way in which for a clear, inexperienced, good vitality grid, and proves the vitality know-how might save taxpayers £40bn.
Octopus has pioneered new methods of enabling clients to do that consciously or mechanically, with our rising ecosystem of integrations – from good watch apps to good automobile chargers, from optimisation companies to platforms like IfThisThenThat (examine these integrations and extra on our tech weblog).
Our know-how platform, Kraken, delivers all of this in realtime, connecting clients with what’s really occurring within the grid, connecting gear and companies, and enabling actually massive knowledge and machine studying to optimise how advanced techniques can drive down price and drive up renewables.
No firm has carried out extra to pave the way in which to the renewable good grid like this, and it creates a launchpad for understanding what a dynamic, know-how enabled inexperienced grid might appear like right here within the UK, and in different nations.
We’re asking the questions:
- What would the grid appear like if we’d by no means had fossil fuels?
- What if we see the way in which renewables work as useful not as problematic?
After which layering in large alternatives to hurry up renewables while driving down prices:
- Will the speedy development of electrical autos drive down prices of renewable electrical energy (discovering a house for inexperienced electrons after they’re plentiful implies that we are able to afford extra era, which can enhance renewables and thus drive down prices)?
- Does this allow electrical heating to develop sooner than present fashions predict?
Enabling us to drive the punchline:
- What does a 100% renewable system appear like?
- How a lot does it price?
- How can we get there from the place we’re in the present day?
To reply this we are going to work with main educational establishments (conversations are underway) and construct an unrivalled staff of consultants in knowledge science, econometrics, company finance, shopper behaviour, coverage, partnerships and communications. We’ll collaborate with firms, applied sciences and entrepreneurs to deliver the very best concepts into the image, and can work with governments to make it actual.
Formal job descriptions might be posted on our web site careers space quickly, however in the event you suppose that is the mission for you, please do contact us at expertise@octopus.vitality (and pop FERC someplace within the topic line).
