Glasgow – Powering the future
Glasgow has built a reputation as a smart, sustainable city of the future:
- one of the first 32 members of the Rockefeller Foundation’s 100 Resilient Cities Network
- Innovate UK’s £24 million Smart City demonstrator project
- the first UK city and only the second in Europe to conduct a “city circle scan”
- Glasgow Life’s “green conventions team” to champion the city’s credentials as a world-leader in sustainable business tourism
Combined with Glasgow’s spirit for innovation and drive for the future it’s no wonder that “green” business sectors such as renewable energy, engineering and low carbon innovations are attracted to the city.
Competitive advantage: Low Carbon Glasgow
- Scotland is home to many of the world’s major energy businesses, and Glasgow is at the forefront of low carbon developments.
- Upwards of 4,400 people are employed in city’s energy sector (Scottish Government).
- Among the Glasgow based companies are SSE, the UK’s biggest renewable electricity company and Scottish Power, owned by Spanish energy giant Iberdrola
- More than £1.5 billion of new investment is estimated to be on the cards for Glasgow over the next decade within the low-carbon and renewable energies field.
- Scotland’s energy sector had a turnover of £51 billion in 2014.
- Innovate UK and the EU FP7 programme have invested in Glasgow, putting the city front and centre in low-carbon development and sustainability.