Yorkshire Water has agreed to buy electricity generated by a new wind farm in the Scottish Highlands.
Currently being built, the new wind farm will have seven turbines capable of generating about 100,000 MWh a year from the end of next year
The power purchase agreement is the latest effort by Yorkshire Water to meet its 2030 Carbon net zero pledge and the electricity from Strathrory will provide approximately 17% of the annual power used by Yorkshire Water across its operations.
Daniel Oxley, Yorkshire Water commercial programme manager, said: “This project is a significant step in reaching our aims of carbon net zero by 2030 and supports our strategy of generating more of our own electricity and buying UK-generated renewable energy.
“Once completed, the Strathrory Wind Farm will provide approximately 17% of our annual power needs, increasing our renewable energy use, reducing our exposure to energy price volatility and reducing the operational costs of our sites, which will provide better value for money for our customers.”
The project was developed by Energiekontor AG and is being funded by Capital Dynamics. Once operational, it will benefit from Capital Dynamics’ and Energiekontor’s long-standing operations management experience.
Barney Coles, MD and co-head of clean energy at Capital Dynamics, said: “By supporting a national utility company with its goal of reaching net zero by 2030, we are emphasising Capital Dynamics’ commitment to responsible investing.”
