Octopus Energy acquires BD Energy to enhance power trading
The acquired firm specializes in algorithmic electricity trading across 15 international markets using machine learning technology.
See the latest news and media coverage for Octopus Energy. We track all announcements, press releases, and industry mentions in real time, all in one place.
UK energy supplier and green technology provider
octopus.energyLast updated
In short: Octopus Energy reached 15 million meters, launched its Nook home battery range, and expanded its renewable portfolio to $8.5 billion.
The acquired firm specializes in algorithmic electricity trading across 15 international markets using machine learning technology.
The DIY systems cost from £450 and generate power via standard sockets. Customers will also receive a compatible smart battery next year.
Over 400,000 households exported 825 GWh, and solar panel enquiries rose 34% in May-July.
The supplier now powers almost 15 million meter points, about 26% of Britain's home energy market, and celebrates its tenth anniversary.
It comes after Ofgem announced a 4% increase of the energy price cap for the period covering 1 October to 31 December 2026.
Thousands of pensioners who put money into an inheritance tax scheme run by Octopus Group bankrolled...
As UK prepares for its fifth heatwave of the year, Octopus Energy claims growing numbers of households are looking to install solar and earn cashback...
The UK's National Grid operator, NESO, has urged for increased power reserves during the upcoming...
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