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For utilities, the rise of EVs presents as much opportunity as it does threat, as a recent blog from my colleague Jon Slowe has described, so let’s unpick the opportunity, and discuss how new-entrant energy supplier Octopus Energy is positioning itself to capture part of the prize.
Octopus Energy is a good example of an innovative, agile player that is moving quickly. With less and less doubt about the future value at stake, a key question is how companies can go about capturing this value and avoid being left behind?
The level of support for micro-CHP under the UK’s feed-in tariff programme was recently decided by the Government. The industry now has a little over two years to make a success of the current incentive. There are a number of companies who could benefit from this certainty, but no obvious choice for who will now look to drive the market.
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