Australian Chart of the week | Retail applications on track for another year of big growth

Its been 8 months since we last took a look at the new registrants in the retail electricity sector in Issue 2 of our Chart of the Week. This week we look at whether the growth in retail licence applications has continued and what sectors new retailers are focusing on.

On 1 May 2020, Octopus Energy (an innovative start-up retailer in the UK) announced a partnership with Origin Energy in Australia under which Origin takes a 20% stake in Octopus and gains a licence to utilise Octopus Energy’s customer platform Kraken to help drive down their costs to serve, integrate innovative products and deliver superior customer service.

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