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Octopus Energy
Octopus Energy Group is a British renewable energy group specialising in sustainable energy. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Headquartered in London, the company has operations in the UK, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States. As of September 2021 the company has over three million domestic and business customers, making it the fourth largest energy supplier in the UK. Octopus Energy Group operates a wide range of business divisions, including Octopus Energy Retail, Octopus Energy for Business, Octopus Energy Services, Octopus Electric Vehicles, Octopus Energy Generation, Octopus Hydrogen, Kraken, Kraken Flex and the not-for-profit Centre for Net Zero. The company also supplies software services to other energy suppliers. History Octopus Energy was established in August 2015 as a subsidiary of Octopus Capital Limited. Trading began in ...
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London Power
London Power is an electricity and gas supply company in the United Kingdom, launched in 2019 by Sadiq Khan, Mayor of London, which only accepts customers at London addresses. The company was established in July 2019 and began trading in January 2020. It is a wholly owned subsidiary of the Greater London Authority. Gas, 100% renewable electricity and customer service are supplied by Octopus Energy Octopus Energy Group is a British renewable energy group specialising in sustainable energy. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Headquartered in London .... The Authority states that any profits will be invested into delivering the Mayor's social and environmental goals. References Electric power companies of England Companies based in London Energy companies established in 2020 British companies established in 2020 {{England-company-stub ...
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Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, '' private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, '' société à responsabilité limitée'' in France, and '' sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agr ...
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Co-op Energy
Co-op Energy is a British energy supply company based in Warwick that began trading in 2010. It sells renewable electricity (some from community-owned sources) and gas to its ethically concerned member owner/customers and is a established large operator, an alternative to the Big Six energy suppliers. Given that its parent is Midcounties Co-operative, it is the only co-operative supplier in the British market, meaning members can receive dividends and/or interest on their trade with the business. Since August 2019, energy supply, billing and customer service have been operated by Octopus Energy. Co-op Energy forms part of the society's Utilities Group following the merger of The Phone Co-op and the Midcounties in 2016. Combined mobile, broadband, and energy accounts are available. History Co-op Energy launched in 2010 as an alternative to the Big Six energy suppliers. The company has three sites: one office in Warwick and two in Walsall. In 2012, Co-op Energy was awarded the ...
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Bulb Energy
Bulb Energy Ltd., trading as Bulb, is an energy supply company in the United Kingdom which was acquired by Octopus Energy in 2022. Founded in 2013, the company attracted venture capital from DST Global and Magnetar Capital, and ran at a financial loss while achieving rapid growth in customers. Bulb claimed to provide electricity and gas from renewable or off-set sources. As of November 2021, it had a share of approximately 5-6% of the UK energy market and was considered the seventh largest in the country. In September 2021, the company sought a bailout due to financial problems caused by increasing natural gas prices. It was placed into Energy Supply Company Administration (a special administration regime) by industry regulator Ofgem on 24 November 2021 following a refusal by investors to provide further funding. While customers of other failed suppliers have been transferred by Ofgem to new suppliers, the regulator decided Bulb was too large and so it became the first energy c ...
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Heat Pump
A heat pump is a device that can heat a building (or part of a building) by transferring thermal energy from the outside using a refrigeration cycle. Many heat pumps can also operate in the opposite direction, cooling the building by removing heat from the enclosed space and rejecting it outside. Units that only provide cooling are called air conditioners. When in heating mode, a refrigerant at outside temperature is being compressed. As a result, the refrigerant becomes hot. This thermal energy can be transferred to an indoor unit. After being moved outdoors again, the refrigerant is decompressed — evaporated. It has lost some of its thermal energy and returns colder than the environment. It can now take up the surrounding energy from the air or from the ground before the process repeats. Compressors, fans, and pumps run with electric energy. Common types are air-source heat pumps, ground-source heat pumps, water-source heat pumps and exhaust air heat pumps. They ar ...
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Slough
Slough () is a town and unparished area in the unitary authority of the same name in Berkshire, England, bordering west London. It lies in the Thames Valley, west of central London and north-east of Reading, at the intersection of the M4, M40 and M25 motorways. It is part of the historic county of Buckinghamshire. In 2020, the built-up area subdivision had an estimated population of 164,793. In 2011, the district had a population of 140,713. Slough's population is one of the most ethnically diverse in the United Kingdom, attracting people from across the country and the world for labour since the 1920s, which has helped shape it into a major trading centre. In 2017, unemployment stood at 1.4%, one-third the UK average of 4.5%. Slough has the highest concentration of UK HQs of global companies outside London. Slough Trading Estate is the largest industrial estate in single private ownership in Europe, with over 17,000 jobs in 400 businesses. Blackberry, McAfee, B ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million ( US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sher ...
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Human Resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include manpower, labor, personnel, associates or simply: people. The Human Resources department (HR department) of an organization performs human resource management, overseeing various aspects of employment, such as compliance with labor law and employment standards, interviewing and selection, performance management, administration of Employee benefits, organizing of employee files with the required documents for future reference, and some aspects of recruitment (also known as talent acquisition) and employee offboarding. They serve as the link between an organization's management and its employees. The duties include planning, recruitment and selection process, posting job ads, evaluating the performance of employees, organizing resum ...
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BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national news ...
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Smart Grid
A smart grid is an electrical grid which includes a variety of operation and energy measures including: *Advanced metering infrastructure (of which smart meters are a generic name for any utility side device even if it is more capable e.g. a fiber optic router) *Smart distribution boards and circuit breakers integrated with home control and demand response (''behind the meter'' from a utility perspective) **Load control switches and smart appliances, often financed by efficiency gains on municipal programs (e.g. PACE financing) *Renewable energy resources, including the capacity to charge parked (electric vehicle) batteries or larger arrays of batteries recycled from these, or other energy storage. *Energy efficient resources *Sufficient utility grade fiber broadband to connect and monitor the above, with wireless as a backup. Sufficient spare if "dark" capacity to ensure failover, often leased for revenue. Electronic power conditioning and control of the production and distri ...
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Manchester
Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The two cities and the surrounding towns form one of the United Kingdom's most populous conurbations, the Greater Manchester Built-up Area, which has a population of 2.87 million. The history of Manchester began with the civilian settlement associated with the Roman fort ('' castra'') of ''Mamucium'' or ''Mancunium'', established in about AD 79 on a sandstone bluff near the confluence of the rivers Medlock and Irwell. Historically part of Lancashire, areas of Cheshire south of the River Mersey were incorporated into Manchester in the 20th century, including Wythenshawe in 1931. Throughout the Middle Ages Manchester remained a manorial township, but began to expand "at an astonishing rate" around the turn of the 19th century. Manchest ...
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Mayor Of London
The mayor of London is the chief executive of the Greater London Authority. The role was created in 2000 after the Greater London devolution referendum in 1998, and was the first directly elected mayor in the United Kingdom. The current mayor is Sadiq Khan, who took office on 9 May 2016. The position was held by Ken Livingstone from the creation of the role on 4 May 2000 until he was defeated in May 2008 by Boris Johnson, who then also served two terms before being succeeded by Khan. The mayor is scrutinised by the London Assembly and, supported by their Mayoral Cabinet, directs the entirety of London, including the City of London (for which there is also the Lord Mayor of the City of London). Each London Borough also has a ceremonial mayor or, in Hackney, Lewisham, Newham and Tower Hamlets, an elected mayor. Background The Greater London Council, the elected government for Greater London, was abolished in 1986 by the Local Government Act 1985. Strategic functions wer ...
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