Yorkshire Water has reached an agreement to purchase electricity generated by the Strathrory wind farm in the Scottish Highlands, as part of its continued investment in renewable energy. The wind farm, which is currently under construction, will comprise of seven turbines and is projected to generate approximately 100,000 MWh annually from late 2025. The purchase will provide roughly 17% of Yorkshire Water’s yearly electricity consumption and aid in achieving the company’s 2030 Carbon net zero pledge. By reducing energy price volatility and operational costs, Yorkshire Water aims to offer better value for its customers.
“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,” noted Daniel Oxley, Yorkshire Water commercial programme manager. The Strathrory wind farm will increase Yorkshire Water’s use of renewable energy and result in reduction of energy price volatility and operational costs, providing greater value to customers.
The Strathrory project was developed by Energiekontor AG and funded by Capital Dynamics. It is set to benefit from Capital Dynamics’ and Energiekontor’s long-established operations management experience. Barney Coles, managing director and co-head of clean energy at Capital Dynamics, remarked: “We’re delighted to be partnering with Yorkshire Water for this wind energy project” as they help a national utility company through the achievement of its 2030 net zero goal which supports Capital Dynamics’ commitment to responsible investing.
Peter Szabo, CEO of Energiekontor AG, also commended the cross-industry collaboration, saying “this cross-industry project is an excellent example of how we can work hand in hand to both achieve the goals of decarbonisation and generate sustainable as well as affordable customer benefits. In this way, we are leveraging wide-ranging synergies. We are proud to be a part of it.”
