Haven Power will provide Thames Water with power for the next five years in a deal worth £500m. The Drax-owned energy supplier said the agreement would enable Thames Water to use only renewable power. The contract has the option for two further five year renewals.
Thames Water energy manager Angus Berry said the deal “puts downward pressure on bills and means we will now be using 100% renewable electricity. We look forward to growing our relationship with Haven to exploit further opportunities to minimise energy costs and emissions, as well as continuing to work towards our ambitious target of self-generating 30% of our own electricity by 2020.”
Drax Group is in the process of converting the 4GW Drax coal plant in Selby, Yorkshire, to biomass. Two of its six units have so far been converted with a third unit expected to be modified later this year.
Thames Water already generates around 20% of its own renewable electricity via solar, hydro, wind and biogas.