Octopus Energy has today announced the purchase of Configurable, an advanced energy software package created by New Zealand-based Marvel Labs, in a move designed to enhance the functionality of its Kraken energy management platform. The deal – financial details for which were not disclosed – will see Configurable integrated into the Kraken platform, adding “another layer of flexibility and speed to [its] tech stack offering”, the companies said. Octopus explained that the functionality would allow the company and the other energy suppliers that license the use of Kraken to create more complex tailor-made tariffs that can increase the use of green energy and drive down bills for energy bills for business and domestic customers. Octopus Energy has pioneered the development of a number of new smart tariffs in recent years, including the world’s first half-hourly time-of-use tariff, Agile Octopus, a bespoke tariff for vertical indoor farms, and the recently launched ‘Fan Club’ that offers customers cheaper power as generation from local wind farms increases.
Business Green 9th March 2021 read more »