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1,000 new UK tech jobs to be created by Octopus Energy

05/10/2020
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UK based sustainable energy supplier, Octopus Energy, has announced plans to create 1,000 new technology jobs as part of its plans to create the new “Silicon Valley of energy” within Great Britain.

Octopus Energy wants to create 1,000 new jobs - primarily for graduates - within the UK by the end of next year
(Image via Octopus Energy)

The announced plans would double the firm’s existing workforce and create jobs in London, Brighton, Warwick, Leicester and Manchester by the end of 2021. 

Many of the jobs are expected to go to graduates who will help the company develop their green energy platform at existing sites. The company are also planning to launch a new tech hub in Manchester.

Octopus Energy is one of Britain’s fastest growing energy suppliers and has been labelled a tech unicorn (the name given to a startup valued at over $1 billion). Currently it has around 1.7 million customers in the UK and is branching out its operations to Australia and the USA. 

They entered the market in 2016 with the aim to deliver cost-effective energy entirely from renewable sources. They use a cloud-based energy platform to monitor when levels of electricity from renewable sources are high, and offer it cheaper to customers at those times. They also provide special tariffs for customers with their own renewable power generation. 

Prime Minister Boris Johnson commented on the company’s plans, saying the new jobs will “provide exciting opportunities across the country for those who want to be at the cutting edge of the global green revolution”.

“It’s UK tech companies like Octopus who will ensure we continue to build back greener and remain a world leader in pioneering renewable energy, leading the path to net zero whilst creating thousands of skilled jobs.”

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1,000 new UK tech jobs to be created by Octopus Energy - Time to read 2 min
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