Ming Yang attends a panel on the future of the UK energy system at the Octopus Energy Tech Summit

On 22 June 2026, some 4,000 energy innovators, technology leaders, policymakers and customers gathered at Evolution London for the Octopus Energy Tech Summit 2026.

Aman Wang, Vice President of Global Strategy and Investment and CEO for the UK, Ireland and Nordics, represented Ming Yang on the main stage panel; "The UK Energy System: What Needs to Change?". The session was moderated by Baroness Bryony Worthington, an environmental campaigner best known for leading the campaign behind the UK's Climate Change Act. Fellow panellists were Kingsmill Bond, Energy Strategist at Ember; Anna Carolina Tortora, Head of AI, Innovation and Sector Digitalisation at NESO; and Simon Clark, Chair of the Cirrata Advisory Board.

Speaking on the panel, Aman made the case that fostering a more innovative and competitive energy system is key to ensuring the UK fully realises the benefits of the energy transition, including lower energy costs, job creation and energy security. Nowhere is this more true than in offshore wind, where greater competition among turbine suppliers would help bring down the cost of energy and accelerate deployment.

As Aman set out, turbine scale is one of the key levers for reducing the cost of energy from offshore wind. While most Western platforms have remained at around 15 MW, our next-generation 18.5 MW turbine is at least 20% larger. Fewer, larger machines deliver the same overall capacity more cheaply, with fewer foundations, fewer crane lifts and fewer maintenance trips reducing project costs and, ultimately, the strike prices that feed through to consumers' energy bills.

He also highlighted the economic opportunity that comes with opening the market up: bringing new suppliers into the UK and Europe is not only about technology and cost but about growth and jobs. We are actively working to localise our supply chain in Europe, with plans for local manufacturing, local construction and operations teams, and the skills and training programmes to support them.

The panel formed part of a wider day of discussion on how the UK can turn its clean energy potential into reality. We would like to thank our fellow panellists and our hosts at Octopus Energy for an open and insightful conversation.