Red Rocket confirms initial 500 MW of interest in 2 000 MW virtual wheeling renewables scheme

Independent power producer (IPP) Red Rocket reports that it has signed up customers for 500 MW of the 2 000 MW of capacity it aims to deploy over the coming three years as part of an innovative scheme designed to provide multiple private offtakers with renewable electricity as from 2026. In recent weeks, the company has been running a national advertising campaign inviting potential customers to make contact regarding its intention to sell “affordable, renewable energy to businesses”.