‘We are leaving carbon generation behind for a renewable future powered by cheaper green energy’
Scottish Power becomes first major UK energy company to generate all electricity from wind
Scottish Power became the first major UK energy firm to completely drop fossil fuels in favour of wind power when it sold off its remaining gas and hydro stations to Drax for £702m.
While customers will still get some electricity from non-green sources that the company has purchased from other operators, the firm indicated it would now be freed up to invest more in UK renewable energy sources like sunlight, wind, rain, tides and waves.
It plans to invest £5.2bn over the next four years to more than double its renewable capacity.
Calling it a “pivotal shift”, the company’s chief executive Keith Anderson said: “We are leaving carbon generation behind for a renewable future powered by cheaper green energy. We have closed coal, sold gas and built enough wind to power 1.2 million homes.”