Scottish Power has announced plans to spend up £6bn in the UK by 2022. This includes £2bn to be spent in 2019 as it targets investments including electric vehicle charging, smart grids and energy storage technologies. The company intends to spend 40% of the £6bn fund on new renewable energy generation, 42% on smarter enhanced networks and 15% on “innovative services and products for customers”. Additionally, the plans include a new electric vehicle public charging business based within its retail division, which will install rapid chargers from winter 2019. Alongside this, the company announced plans for a 50MW battery storage project at Whitelee onshore wind farm.

Scottish Power