Octopus Energy Group CEO Greg Jackson says market reforms in the UK can bring bills down by about $120 per household per year. The Labour government is pushing to make the UK the first G-7 market to fully decarbonize its power system by 2030, Jackson told Bloomberg’s Francine Lacqua that this will reduce dependence on gas and ultimately cut emissions by 18%.
Chapters:
00:00:00 – UK’s Clean Energy Plan
00:00:42 – UK Aims for 95% of electricity from Low-Carbon Sources by 2030
00:01:47 – UK Clean Power Plan Promises Lower Bills
00:03:05 – Greg Jackson, Octopus Energy Founder & CEO
00:05:29 – Jackson: UK May be Building Wind Farms in Wring Places
00:06:08 – Jackson: UK Needs Interconnected Grid
00:07:14 – Trump Criticizes UK North Sea Tax
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Author: Bloomberg Television
Go to Source
News post in June 1, 2025, 12:05 pm.
Visit Our Sponsor’s:
News Post In – News
