Britain wasted £649m already this year powering down wind farms as there is not enough grid capacity to send renewable energy where it is needed, utility finds

  • wewbull@feddit.uk
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    3 months ago

    Octopus was set up because they felt they could use technology to out-compete other energy companies by under-cutting them. Their model of operating is to find ways they can drop prices.

    It’s a model that has served them very well, going from zero to a multi-national energy supplier in about 10 years with more customers than nearly anyone else.

    • tetris11@feddit.uk
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      3 months ago

      I guess whilst they’re in the consumer-friendly phase of their business growth cycle, I’m rooting for them, I just wonder about the future once they’ve cornered the market

      • wewbull@feddit.uk
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        3 months ago

        Amazingly, they’re huge now and still consumer friendly. Just watch out for when the current CEO leaves.