A new regional alliance
Octopus Energy has joined forces with the Organisation of Eastern Caribbean States, Global Citizen, the Sustainable Markets Initiative and the Eastern Caribbean Central Bank. The group launched at the Commonwealth Heads of Government Meeting in Antigua and Barbuda on 4 November 2026. It aims to speed up the shift away from imported oil and diesel, which currently supplies around 90% of the region's electricity.
Cutting bills and emissions
Small island nations pay some of the world's highest energy prices because they rely on fuel imports that swing with global markets. The partners want to unlock cheaper renewables, electric vehicles and battery storage, then manage the system with smart technology. Savings could be redirected into local economies instead of overseas fuel bills.
The move builds directly on Octopus's existing work with the government of Antigua and Barbuda. Zoisa North-Bond, CEO of Octopus Energy Generation, said: “Small island nations face acute challenges from fossil fuel dependence and climate shocks, yet have abundant renewable energy resources. Building on our landmark Antigua and Barbuda deal and their leadership, we’re partnering across the Eastern Caribbean to scale cheap clean energy and electric transport. Together, we can break the price hike cycle, boost energy security and lower bills for communities.”
What it means for UK customers
Octopus Energy already runs smart tariffs and renewable projects here at home. Its international work shows how the same flexible technology can help places with even higher bills. If the model succeeds abroad, the lessons could feed back into better deals for British households too.
Dr Didacus Jules of the OECS added that the partnership should deliver “affordable, resilient” energy that responds to local needs, while Timothy Antoine of the Eastern Caribbean Central Bank stressed that “energy security is economic security.”
