Scottish Power is launching a £15 million investment fund to help communities around the country to invest in low-carbon heating and transport technology. The initiative, through SP energy networks division, is backed by the Scottish government and the energy regulator. An independent panel of academics is being brought in to advise on projects that will be selected by the company’s energy networks green energy fund. That could include looking at district heating systems, where heat is generated at a central location and distributed to homes and businesses, and the types of infrastructure needed to charge electric vehicles. The fund could finance the installation of a central petrol station-type structure for quick charging of electric vehicles, rather than installing points at every home. Urban communities, particularly those with many flats and tenements, are thought to be likely to need such charging stations rather than rural homes.
Times 3rd March 2018 read more »