{"id":90049,"date":"2024-07-16T12:10:44","date_gmt":"2024-07-16T12:10:44","guid":{"rendered":"https:\/\/theelectricityhub.com\/?p=90049"},"modified":"2024-07-16T12:11:00","modified_gmt":"2024-07-16T12:11:00","slug":"octopus-energy-to-launch-onshore-wind-projects","status":"publish","type":"post","link":"https:\/\/theelectricityhub.com\/octopus-energy-to-launch-onshore-wind-projects\/","title":{"rendered":"Octopus Energy to Launch Onshore Wind Projects"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li class=\"\">After the UK government&#8217;s policy change, Octopus Energy will announce new onshore wind projects.<\/li>\n\n\n\n<li class=\"\">CEO Greg Jackson highlighted strong community interest in hosting wind turbines to support the UK&#8217;s 2030 decarbonisation goal<\/li>\n\n\n\n<li class=\"\">The company supports electricity pricing reforms that would incentivize local support for renewable energy and reduce consumer costs near generating sites.<\/li>\n<\/ul>\n\n\n\n<p class=\"\">Octopus Energy is gearing up to unveil new onshore wind projects in response to the <a href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/britains-octopus-energy-eyes-new-onshore-wind-projects-after-ban-lifted-2024-07-16\/\">UK government&#8217;s<\/a> recent policy shift. Greg Jackson, CEO of Octopus Energy, disclosed in a recent interview that they expect to announce these projects soon, buoyed by the Labour government&#8217;s decision to lift restrictions on <a href=\"https:\/\/theelectricityhub.com\/?s=wind+farm+development\">wind farm development<\/a> in England. <\/p>\n\n\n\n<p class=\"\">Jackson noted a surge in interest from communities eager to host wind turbines, which is part of the country&#8217;s goal to decarbonise its electricity system by 2030.<\/p>\n\n\n\n<p class=\"\">&#8220;We have received inquiries from thousands of communities regarding onshore wind,&#8221; Jackson told Reuters. &#8220;We anticipate announcing projects in areas where they are most desired shortly,&#8221; he added.<\/p>\n\n\n\n<p class=\"\">Jackson emphasised the importance of ongoing <a href=\"https:\/\/theelectricityhub.com\/?s=energy+market+\">energy market <\/a>reforms under the new government, supporting proposals for a location-based pricing system for electricity. This system, already in use in countries like Italy, Sweden, and Norway, aims to lower costs and encourage local backing for <a href=\"https:\/\/theelectricityhub.com\/?s=energy+market+\">renewable energy initiatives<\/a>. It could reduce electricity bills for consumers living near generating sites.<\/p>\n\n\n\n<p class=\"\">Octopus Energy actively facilitates community involvement in <a href=\"https:\/\/theelectricityhub.com\/?s=wind+projects\">wind projects<\/a> by connecting interested communities with landowners willing to host turbines. Participants can benefit from reduced electricity rates up to 50% cheaper than usual.<\/p>\n\n\n\n<p class=\"\">Jackson highlighted the economic advantages of consuming electricity close to its source, advocating for reforms enabling regional pricing and optimising investments in <a href=\"https:\/\/theelectricityhub.com\/?s=renewable+energy+infrastructure\">renewable energy infrastructure<\/a> across the UK. With a renewable power portfolio valued at \u00a35 billion, Octopus Energy operates in the UK, Germany, and the United States, showcasing its global commitment to sustainable energy solutions.<\/p>\n\n\n\n<p class=\"\">$1 = \u00a30.7715 pounds<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Octopus Energy is gearing up to unveil new onshore wind projects in response to the UK government&#8217;s recent policy shift. Greg Jackson, CEO of Octopus Energy, disclosed in a recent&hellip; <\/p>\n","protected":false},"author":43,"featured_media":88673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[3601,4021,496,225,223,227,960],"tags":[5246,262,5248,4828,386],"class_list":["post-90049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy-storage","category-energy-transition","category-international-news","category-off-grid","category-renewable-energy","category-renewables","category-sustainable-development","tag-energymarket","tag-renewable-energy","tag-renewable-energy-infrastructures","tag-uk-government","tag-wind-energy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Octopus Energy to Launch Onshore Wind Projects &#8226; The Electricity Hub<\/title>\n<meta name=\"description\" content=\"Octopus Energy is gearing up to unveil new onshore wind projects in response to the UK government&#039;s recent policy shift.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theelectricityhub.com\/octopus-energy-to-launch-onshore-wind-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Octopus Energy to Launch Onshore Wind Projects &#8226; 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