Scottish Power set to pump £2bn into the UK this year in face of Brexit fears
Scottish Power’s chief executive today played down Brexit fears as the company committed to investing £2bn into the UK this year.
The energy supplier, which last year transitioned to 100 per cent renewable energy, said it will pour £6bn into Britain between 2018 and 2022, with two fifths of that going to renewable energy generation.
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The rest will spent on smarter enhanced networks and innovative services, including a string of public fast car charging stations across the country from next winter.
“No matter what happens with Brexit, there’s an awful lot that the UK government is in control of in terms of our energy policy, in terms of what we want to do about tackling climate change, air pollution, the future of transport,” chief executive Keith Anderson told the BBC’s Good Morning Scotland programme.
“That’s what we at Scottish Power want to be at the forefront of delivering.”
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The company has also announced plans to build a 50 megawatt battery storage project at the UK’s largest onshore wind farm at Whitelee.
“Consumers want and need access to reliable, clean and affordable energy. That is what Scottish Power is focused on delivering and as long as Government climate change commitments stay firm, with sensible policies to support them, this investment will continue,” Anderson said in a statement.