Centrica intends to construct 800MW of solar and battery storage space by 2025

Nov 9, 2021 01:05 PM ET
  • The announcement is part of its first climate transition plan, which lays out exactly how the company plans to transition right into a net no business by 2045
Centrica intends to construct 800MW of solar and battery storage space by 2025
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UK-based power as well as solutions firm Centrica has disclosed plans to develop a low carbon portfolio of as much as 800MW of solar as well as battery storage by 2025.

The announcement is part of the company's first climate transition plan, which describes how it prepares to come to be an internet no service by 2045.

Centrica claimed that the investment in solar and also battery storage will concentrate on large scale projects that are straight linked to the grid. This will certainly allow it to provide even more reduced carbon energy to its consumers, stated the company.

The company added that reducing the carbon content of its energy supply by backing the development and also take-up of clean power is essential to reaching web absolutely no objectives for itself and for the countries in which it operates.

Centrica has actually also exposed plans to spend as much as ₤ 100m in eco-friendly properties annually by 2025.

Centrica group chief executive Chris O'Shea stated: "As the UK's most significant distributor of eco-friendly electricity, we are leading the way in the green transformation. Of course, reaching internet absolutely no is complicated, and also we don't make believe to have all the answers yet.

" However with the help of our 20,000 remarkable colleagues and also our 10 million UK customers, I've no doubt we'll get there.

" Our Climate Transition Plan explains how, today, we mean to accomplish our objectives, yet we have to remain to pay attention and learn to keep pace with the extraordinary rate of adjustment throughout the field as well as society."

The firm has supplied information of its plans to transform its gas-focused framework in East Yorkshire in its climate transition plan.

Centrica said that the Harsh platform as well as reservoir, which in the past had saved gas, is planned to be exchanged a storage center for hydrogen. The platform is found off the east coastline of Yorkshire.

The firm is stated to be in talks with the British government on possible financing mechanisms for hydrogen infrastructure and will certainly for even more details prior to considering its choices for transforming the platform.

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