Greg Jackson (@g__j) 's Twitter Profile
Greg Jackson

@g__j

Founder octopus.energy Customer issues: email greg at octopus.energy for best response Blog at octopus.energy/blog

ID: 17157813

linkhttp://octopus.energy calendar_today04-11-2008 15:10:01

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40,40K Followers

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Greg Jackson (@g__j) 's Twitter Profile Photo

Economic growth needs lower energy prices for businesses and families. Zonal pricing could deliver huge savings for everyone by 2028 (Of course, some incumbents don't like it - just like Blockbuster didn't like Netflix, but Blockbuster couldn't lobby their way out of it).

Greg Jackson (@g__j) 's Twitter Profile Photo

To be clear.. if zonal pricing is introduced it *will* reduce energy costs significantly and could be in place by 2028. There are no good arguments against it (the only argument is that incumbents profit hugely from the existing inefficiencies and don't want to change)

Greg Jackson (@g__j) 's Twitter Profile Photo

While the west - driven by incumbent interests - ties itself in knots on clean energy, Africa has the opportunity to leapfrog straight to a cheaper cleaner system, as with smartphones and digital currency. sifted.eu/articles/octop…

Greg Jackson (@g__j) 's Twitter Profile Photo

Great article by the 🧠 people at Heat Geek this is SO important. Just like cars moved from early adopters tweaking and fettling to a mass market, so heat pumps need to do the same There'll always be optimisers and we need them- but mass market is key. installeronline.co.uk/heating/chasin…

Greg Jackson (@g__j) 's Twitter Profile Photo

Barney is right to call out the UK's addiction to propping up legacy companies. The UK is a *fantastic* place for startups, but poor for real growth companies. Companies like ours can be shiny trinkets but the UK's institutions don't match rhetoric with action.

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Matthew is right about volatile gas/oil prices, but needs a reminder that even if we produce oil and gas (and I don’t mind if we do) the price is set on a global market, unless we nationalise it. We are a (dirty) drip in the ocean. Renewables are unaffected of course.

Matthew is right about volatile gas/oil prices, but  needs a reminder that even if we produce oil and gas (and I don’t mind if we do) the price is set on a global market, unless we nationalise it. We are a (dirty) drip in the ocean. Renewables are unaffected of course.
Greg Jackson (@g__j) 's Twitter Profile Photo

Even if you're bored of zonal pricing debate, Tom Whipple's piece is a must-read, with the best explanation of our current pricing system and how zonal pricing fixes this multibillion issue.

Even if you're bored of zonal pricing debate, <a href="/whippletom/">Tom Whipple</a>'s piece is a must-read, with the best explanation of our current pricing system and how zonal pricing fixes this multibillion issue.
Greg Jackson (@g__j) 's Twitter Profile Photo

Just had this from the CEO of one of the largest investment banks: "Good article in Times. Had no idea that's how the Grid worked!" Almost noone knows how the electricity market works. Once you do, you see why zonal pricing should be a no-brainer.

Just had this from the CEO of one of the largest investment banks: "Good article in Times. Had no idea that's how the Grid worked!"

Almost noone knows how the electricity market works.

Once you do, you see why zonal pricing should be a no-brainer.
Greg Jackson (@g__j) 's Twitter Profile Photo

I agree with Martin Lewis - the explanation given by Tom Whipple is the best I've seen. The article is paywalled -but well worth reading. I hope it's ok to share this snippet to give a flavour of how absurd, broken and expensive the market is today...

I agree with <a href="/MartinSLewis/">Martin Lewis</a> - the explanation given by <a href="/whippletom/">Tom Whipple</a> is the best I've seen. The article is paywalled -but well worth reading. I hope it's ok to share this snippet to give a flavour of how absurd, broken and expensive the market is today...
Greg Jackson (@g__j) 's Twitter Profile Photo

The backlash is real and totally unnecessary If people saw cheaper power as a result of solar, they’d want more. Zonal pricing enables that - which is why the fossil fuel brigade don’t like it

The backlash is real and totally unnecessary

If people saw cheaper power as a result of solar, they’d want more.

Zonal pricing enables that - which is why the fossil fuel brigade don’t like it
Greg Jackson (@g__j) 's Twitter Profile Photo

I see this a lot- people not knowing if zonal is right, but knowing that the current system is not right Zonal (and its cousin, nodal) are the proven solutions internationally- and could be in place by 2028. Other solutions would take years longer and be riskier or less complete