Sunday, June 15, 2014

BT Inks Long-term Power Purchase with UK Wind Farms

BT signed long-term Power Purchase Agreements worth £440 million with three wind farms in Scotland, Wales and Lancashire, adding more than 100 Megawatts (MW) of renewable energy to help power its UK operations.

The energy will be supplied from the 48-turbine Fallago Rig wind farm located 35km southeast of Edinburgh in the Scottish Borders, the new Heysham South Wind Farm in Lancashire and nine-turbine Mynydd Bwllfa Wind farm in South Wales. Key points:

  • BT will purchase 50 per cent of Fallago Rig’s output, enough to match the power consumption of its entire Scottish operations, in a deal worth around £300 million over the next two decades. 
  • Its 15-year, £100 million agreement with Mynydd Bwllfa will provide enough electricity to match around 50 per cent of BT’s demand in Wales. 
  • BT has also secured a 15-year deal to purchase electricity generated by the new Heysham South Wind Farm in Lancashire, worth around £40 million. 

BT said it consumed around 2 Terawatt hours (TWh) in 2013/14. It has reduced the energy needed to run its business for five consecutive years, saving more than £131 million in energy costs.

Rob Williams, BT’s head of energy supply, said: “These large-scale, long term agreements are a vote of confidence in UK renewable energy and support BT’s continued commitment to securing all its electricity from renewable sources.

http://www.btplc.com