ScottishPower has announced from today all new domestic fixed price tariffs will use 100% renewable energy that will be sourced entirely from its own wind farms.
In order for Glasgow to become net zero by 2030, over £2.3 billion will need to be invested in its energy networks, electric vehicles (EVs) and heat pumps, according to ScottishPower.
Industry reactions to the decarbonisation programme action plan released by Ofgem, detailing its plans for supporting decarbonisation over the next eighteen months.
ScottishPower has unveiled a new hybrid power strategy for the UK and Ireland, combining solar and battery storage with wind on both existing and new sites.
An average of over 4,000 EV charge points and domestic heat pumps will need to be installed per day to reach net zero, a target which will require a predicted £48 billion in network upgrades.
International utility Iberdrola has upgraded its net profit expectations for 2019 after multi-billion-euro investments in renewables and networks drove the company forward.
