Home Business News ScottishPower in £2bn ‘clean energy’ investment plan

ScottishPower in £2bn ‘clean energy’ investment plan

by Sarah Dunsby
26th Feb 19 12:34 pm

ScottishPower has announced they are to invest £2bn in a “clean energy” investment plan for 2019 that will support 300 new jobs.

The energy firm are committed to 100%renewable energy after the sale of their gas power stations, they have also revealed plans for a new public vehicle electric charging service.

The energy supplier have announced a 50MW battery storage project, at Whitelee the UK’s largest offshore wind farm.

Chief executive Keith Anderson said: “Our first investment plan since leaving coal and gas behind is a historic milestone for ScottishPower and is a vote of confidence in the UK’s commitment to decarbonising the economy.

“In a time of uncertainty, the UK needs to deliver its industrial and energy strategy and that’s what we’re providing with our biggest ever investment in a single year.

“Consumers want and need access to reliable, clean and affordable energy. That is what ScottishPower is focused on delivering and as long as Government climate change commitments stay firm, with sensible policies to support them, this investment will continue.

“Now that we have sold our gas power stations our growth plans are about cleaner and smarter power that will help the UK to decarbonise faster and we have set out the part we will play in the transition to electrify the economy where it matters most now, in transport and in heating.”

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