ScottishPower reveals £2bn UK investment with plans for storage and EVs

It is claimed that a total of £6bn will be spent between 2018 and 2022, with 40 per cent invested in new wind generation, 42 per cent going towards smart networks, and 15 per cent on new products and services for its customers. This will include a new public EV charging business, with installations set to get underway in 2019. There are also plans for a 50MW battery storage facility at ScottishPower’s Whitelee site, home to the UK’s largest onshore windfarm.

The company - a subsidiary of Spanish utility giant Iberdrola - sold its thermal and hydro generation assets to Drax in October 2018. Its generation now comes exclusively via wind power, though ScottishPower’s retail customers continue to get a mix of green and non-green energy, with gas and coal-fired power bought from other sources.

"Consumers want and need access to reliable, clean and affordable energy,” said ScottishPower CEO, Keith Anderson. “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.