The electricity that is supplied to British households comes from a variety of sources. It is impossible to split electrons from renewable and other sources, as they all travel through the same network of wires.
Through its ownership* of Octopus Renewables (OR), our supply partner has access to £3.4bn worth of generation capacity from OR’s green energy asset management portfolio, making it one of the largest operators and investors in renewable energy in Europe. The Company’s green energy portfolio has more than 300 clean energy assets with a combined capacity of 2,800MW across six countries and in 2020 generated enough energy to power over 1.2mn homes.
*Subject to regulatory approval