ClimateTicker

Osprey Charging

62Credible Contributor· Provisional
0 followersEV charging·Founded 2016
www.ospreycharging.co.uk

UK rapid EV charging network (originally founded as Engenie) operating over 1,300 rapid chargers at 380+ locations, powered by 100% renewable energy.

62/100
Credible Contributor· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: mediumData confidence: medium

Why it's on ClimateTicker

Osprey Charging (formerly Engenie) is the UK's second-largest public rapid EV charging network, operating 1,500+ rapid and ultra-rapid bays across 400+ locations, directly enabling the decarbonisation of road transport. Its renewable energy procurement (100% green electricity via PPAs and Ofgem REGOs) and zero Scope 2 claim are credible in structure, though REGO-based matching is a weaker form of additionality than 24/7 time-matched or direct PPA. No SBTi-validated targets exist yet, only a stated intention to adopt them, leaving the climate target framework materially incomplete for investor-grade assessment.

mitigationOsprey earns per-kWh revenue from EV drivers using its rapid and ultra-rapid public charge points, funded through long-term site leases and landlord partnerships; it fully funds installation and maintenance and recovers costs through session fees plus expanding ancillary services.

Commitments & Certifications

other: Certified ↗other: Certified ↗other: Certified ↗other: Certified ↗other: Ofgem REGO certificates — ongoing procurement, not a named certification scheme ↗SBTi: Not yet committed — preparing to adopt ↗

Controversy & Greenwashing Watch

lowREGO-only renewable claim risk

A significant share of Osprey's '100% renewable' claim relies on Ofgem REGO certificates rather than solely time-matched or directly contracted generation, which critics argue allows fossil electricity to physically flow to chargers while green certificates are purchased separately — a known limitation of UK REGO matching that falls short of best-practice additionality standards.source ↗

lowRising grid charge costs passed to consumers

Osprey's own Parliamentary evidence shows grid capacity charges at a small hub rose from ~£99/year (2022) to ~£8,600/year (2024), with costs passed to drivers; while this is a systemic UK policy issue rather than a company fault, it raises affordability and accessibility concerns for lower-income EV users.source ↗

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