Scottish Power has just recently become the first major energy British company to fully migrate from fossil fuels to 100% wind energy.
This announcement was made on Tuesday, after the company sold off its remaining coal plants to Drax Smart Generation. The energy company Iberdrola, Scottish Power’s Spanish parent company sold the assets which includes four power stations in England, two hydro schemes and a pumped storage plant for £702 million (€796 million).
According to Windpower Intelligence, Scottish Power has 2.3GW of onshore wind capacity either in operation or under construction in the UK, and 3.6GW of offshore wind projects currently in development. At present, the wind turbines produce enough energy to power up 1.2 million houses and Scottish Power plans to double the capacity, by investing an extra £5.2 billion over the next four years.
The Scottish Power chief executive, Keith Anderson, said: “This is a pivotal shift for Scottish Power as we realize a long-term ambition”. “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.”
He also added: “Every working day, we are investing over £4m to deliver cleaner, smarter power for customers. From today we can focus solely on making energy generation cheaper, cutting carbon quicker, building smart grids and connecting customers to renewable electric future for transportation and heating.”