Overview

• The companies signed a memorandum of understanding in London to collaborate on a combined hardware–software cleantech offering.
• They will develop an integrated product that pairs LG’s high‑efficiency heat pumps with Octopus’s AI‑driven Kraken energy platform, with no launch date disclosed.
• The partners say the solution is designed to optimize heating and cooling, cut energy bills, and lower carbon emissions.
• Initial markets are the UK and Germany, with plans to expand the offering across Europe thereafter.
• LG cites waste‑heat utilization as a key efficiency advantage of its pumps, while Kraken provides real‑time renewable price data to guide cheaper energy use.