SSE to pump £15 billion into Scotland’s electricity network as annual profits surge. SSE, the Perth-headquartered energy giant, has outlined plans to invest some £15 billion in Scottish “clean electricity” infrastructure this decade as it unveiled a double-digit hike in profits. The group plans to invest in key technologies including new offshore wind, critical network upgrades, carbon capture and storage (CCS), batteries and hydroelectric power. SSE said that assuming a “continued supportive policy environment”, its investment plans will see it investing significantly more than it makes in profits over the next few years in order to realise its growth opportunities and accelerate the transition to net zero.
Scotsman 25th May 2022 read more »
SSE 25th May 2022 read more »