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UK's largest energy provider urges China partnership for cheaper clean tech, citing job creation and lower bills.
Octopus Energy CEO Greg Jackson has urged the UK to partner with China on renewable energy, citing China’s global leadership in clean tech and the potential to import wind turbine technology up to 30% cheaper than European alternatives.
He highlighted a joint venture with Chinese firm PCG Power and an agreement with Ming Yang Smart Energy Group, aiming to create UK jobs and lower energy bills.
Despite national security concerns, Jackson stressed that strategic cooperation under strong safeguards is key to energy independence and economic growth.
Octopus, now the UK’s largest energy supplier with 7.6 million customers, also received a £25 million government investment in its AI platform, Kraken Technologies.
El mayor proveedor de energía del Reino Unido insta a China a asociarse para obtener tecnología limpia más barata, citando la creación de empleo y facturas más bajas.