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Gresham House plc

Orkney’s renewable energy revolution

Fifteen kilometres off the north coast of Scotland, this archipelago of twenty islands has become the site of a turning point on energy that began forty years ago with some experimental projects on the production of renewable energy.

Orkney was once dependent on power produced by burning coal and gas on the Scottish mainland brought in through an undersea cable.

Today, the population of Orkney has ended its energy dependence. It is autonomous from mainland Scotland and produces more electricity than necessary, storing it and selling it back to the national grid. In 2017 Orkney produced 130.5 per cent of its electricity needs.

Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, renewables, new energy and housing.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.