UK news
fromwww.theguardian.com
6 days agoOctopus Energy boss: some people would accept occasional blackouts if bills cut
Some households may accept occasional blackouts for significantly lower energy bills, according to the CEO of Octopus Energy.
The head of Britain's largest energy supplier has warned that the UK risks being "left behind" if it fails to collaborate with China on renewable technology, suggesting that importing Chinese wind farm innovations could create thousands of jobs. Greg Jackson, founder and chief executive of Octopus Energy, recently accompanied Sir Keir Starmer on a UK delegation to China. He emphasised China's significant advancements in technology and renewables, which he believes could provide Britain with crucial energy security.
Keir Starmer has appointed the outspoken founder of Octopus Energy as an adviser, with a remit to challenge government thinking. Greg Jackson has joined the Cabinet Office board, an influential core of government advisers, as a non-executive member. The announcement comes weeks after ministers ruled out his plan to split the national energy market into regional zones, which would have meant users in different areas would pay different rates for their electricity.