Octopus Energy Eyes Offshore Wind Partnerships In Japan ...Middle East

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Octopus Energy Eyes Offshore Wind Partnerships In Japan
British energy supplier, Octopus Energy, is looking to ramp up its renewable energy supply mix in Japan. The company entered the Japanese market in late 2020 via a joint venture with Tokyo Gas and has garnered approximately 160,000 customers.  The energy supplier currently relies on Tokyo Gas for electricity. About 80% is sourced through liquefied natural gas (LNG)-fired power generation.  However, the company’s Japanese arm plans on adding more renewable energy to its procurement portfolio, as the purchasing price of…

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