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Wed April 24 2024

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Severn Trent to spend £190m on renewables

18 Mar 15 Water company Severn Trent is planning to invest £190m in renewable energy over the next five years.

Severn Trent said that the investment would be principally in two technologies – anaerobic digestion and solar.

This will take self-generation of renewable energy from 28% of Severn Trent Water's gross energy consumption to around 50% by 2020. The company said that this would “provide efficient green energy and a long-term hedge against volatile market prices”.

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