Search

Home > SunCast > 892: Is Octopus Energy a Utility or a Tech Company? Nick Chaset Has the Answer
Podcast: SunCast
Episode:

892: Is Octopus Energy a Utility or a Tech Company? Nick Chaset Has the Answer

Category: Science & Medicine
Duration: 01:15:01
Publish Date: 2026-01-15 10:00:00
Description:

What does a modern energy company actually look like?

In this episode, Nick Chaset, CEO of Octopus Energy US, joins Nico Johnson to explore a question that sits at the center of Octopus’s strategy:

Is it a utility with great technology—or a technology company operating inside energy?

Nick’s career spans California energy policy, years running East Bay Community Energy, and now scaling Octopus in the U.S. He brings an operator’s perspective on what it really takes to build and run energy businesses inside complex regulatory systems.

The conversation also digs into Kraken—the software platform Octopus built internally and later spun out into a standalone, highly successful energy tech company. Nick explains why Kraken’s separation clarified Octopus’s identity, unlocked new utility partnerships, and changed how the company thinks about scale.

AI enters the conversation not as hype, but as one of several forces reshaping demand, operations, and expectations across the grid.

Expect to learn:

Total Play: 0