#octopusenergy

The Guardian | Octopus Energy boss: some people would accept occasional blackouts if bills cut by Jillian Ambrose AI generated summary, Read the full article for complete information. Greg Jackson, the founder and chief executive of Octopus Energy, told an industry conference that while he is not advocating for power cuts, many consumers—especially in Spain where recent blackouts sparked debate—might accept an occasional blackout if it meant electricity costs could be reduced by about 25 % and price spikes avoided. He argued that the real challenge for a renewables‑heavy system is controlling the expense of grid and network upgrades, noting that cheap home‑battery storage now makes brief outages tolerable even for those who rely on medical equipment. Jackson warned that the UK risks over‑investing in costly grid infrastructure without sufficient transparency, whereas countries that have built flexibility into their energy mix, like Spain, are seeing dramatically lower prices and less exposure to spikes. Read more: https://www.theguardian.com/business/2026/may/01/octopus-energy-boss-blackouts-bills #GregJackson #OctopusEnergy #Renewables #Batterystorage #Iberianoutage #FintanSlye

I won 800 octopoints on the wheel of fortune /AMA #OctopusEnergy