Octopus Energy partners with CATL and Ampace on home batteries
Economy · First reported 3 Nov, 09:00 · Updated 09:28
Octopus Energy is working with CATL and Ampace to develop home battery options, with affordability and system lifespan among its stated aims. The coverage also describes how home batteries can store lower-cost energy for later use.
- Octopus Energy has partnered with CATL and Ampace to develop new home battery ranges, aiming to make them more affordable and increase their lifecycle.
- Home batteries can store electricity when energy is cheaper and supply it later; the Independent also says they may support the wider grid at peak demand.
- TechRadar describes the partnership as bringing energy experts together with battery specialists to develop consumer technology.
Summary written by Lux AI from 2 articles
Key facts
- Companies involved
- Octopus Energy, CATL and Ampace
- Stated development aims
- Increase home battery lifecycles and make systems more affordable
- Nook storage range
- Each of the two options can store between 2 and 10 kWh
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