Our 12 Impacts / Economic / Performance 2007
During 2007, ScottishPower contributed £4.9 million in community support activities, including money given to our windfarm community trusts. For more information see Community Impact
We supported farmers in rural areas through wayleave payments of £950,000 to landowners who have wind turbines on their property
We announced a strategic plan for 2008-2010, with planned investment of €4.2 billion (£2.8 billion) in the UK, with €1.2 billion (£0.8 billion) of this being invested in the renewables business
At 31 December 2007 we employed 9,847 people in the UK. For more information, see our Employment Experience Impact
We provided employability training to 60 Skillseekers during the year, of which 80% secured sustainable employment. For more information see Community Impact
In Gateshead and Newcastle Warm Zones, where we are the energy partner, every £1 donated from the ScottishPower Energy People Trust has helped households secure an additional £20 in benefits. To date, that amounts to £400,000 of additional income for vulnerable people
For information on ScottishPower’s contribution to the IBERDROLA group, see IBERDROLA’s results 2007
- We plan to spend €3.5 billion (£2.4 billion) on our electricity transmission and distribution systems over the next five years. This includes major upgrades to the transmission system to support renewable energy projects and work on our distribution systems to improve reliability of supplies for customers
- We plan to invest €0.9 billion (£0.6 billion) in improving the efficiency, reliability and environmental performance of our power stations from 2008-2010
- Our Renewable energy business plans to invest €1.2 billion (£0.8 billion) in new windfarms and other renewable projects between 2008 and 2010
Note:- Exchange Rate from IBERDROLA Strategic Plan 2008-2010 announced in October 2007.
