Octopus Energy and Enphase Energy announce strategic integration
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Energy technology supplier Enphase Energy and Octopus Energy have announced a strategic partnership to integrate their platforms, allowing UK retail customers to access low-cost residential energy rates, Octopus Energy clients to create VPPs, and support battery management to ease congestion on the power grid.
The partners will focus on the UK deployment of Enphase IQ8 Microinverters, which provide peak AC power of up to 384W to support newer high-powered solar modules, and IQ Battery 5P, which has a modular design and 5KWh capacity.
Octopus Energy’s retail customers in the United Kingdom can now integrate Enphase’s home solar and battery systems in their energy plans to unlock low-cost residential energy rates.
Octopus Energy will also use Kraken, its proprietary software platform for managing, controlling and optimising DERs, to allow its clients to create virtual power plants (VPPs) with Enphase’s solar and battery systems.
Octopus, upon integrating with Enphase’s technology, enables support for the dynamic management of customer batteries and helps reduce overall energy usage when the grid is the most constrained.
“This strategic relationship is an exciting step forward in solar technology growth and homeowner empowerment in the United Kingdom,” said Devrim Celal, CEO of Kraken Technologies, part of the Octopus Energy Group. “By integrating Enphase’s systems with Octopus Energy’s forward-thinking approach to energy management, we’re not only driving down costs for consumers but also creating a cheaper, greener grid in real-time.”
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With this integration between the two technologies, Octopus’ customers who install Enphase Energy Systems will also be able to benefit from Octopus’ smart tariffs, such as Intelligent Octopus Flux, which can save customers money on electricity bills each year.
“Our innovative home energy systems paired with Octopus Energy’s intuitive tariffs and intelligent management of DERs can unlock huge potential for the energy grid,” said Marco Krapels, vice president of worldwide business development at Enphase Energy.
“Together, we can provide flexible and cost-effective energy usage across more than seven million households in the United Kingdom, and accelerate the broader energy transition. We look forward to continuing to grow our relationships with leading energy providers like Octopus Energy across the world and helping homeowners maximize the value of their solar and battery investments.”
Octopus Energy is the largest electricity provider in the United Kingdom, offering customer service and energy products to almost seven million households.
The company has operations in 16 countries and its advanced data and machine learning platform, Kraken, supports more than 54 million customers worldwide.
