SSE has renewed its call for policy support for long-duration electricity storage (LDES), following the government’s British Energy Security Strategy.
Cap and floor mechanism for long-duration storage would unlock billions of investment, alliance says following ministerial rountable
A meeting between energy storage representatives and energy minister Greg Hands has this week taken place, with discussions centring on unlocking investment in energy storage technologies.
Concerns around SSE's corporate governance and financial performance have been raised by investor Elliot Advisors, which is calling on the company to put forth a comprehensive vision for remedying these.
SSE Renewables is aiming to co-locate hydrogen production facilities at two onshore wind farms in Scotland and Ireland in a partnership with Siemens Gamesa Renewable Energy.
The COVID-19 pandemic hit SSE’s operating profit by £170 million in the full year ending 31 March 2021.
SSE is set to treble its renewable output by 2030 thanks to an attractive pipeline of projects, and is on track to add 1GW of new capacity annually in the second half of the decade.
SSE’s Q3 trading update hints at a shifting of the gears at the company, as it unveils maiden subsidy-free onshore wind development.
SSE has seemingly bounced back from a tough 2018, reporting that its profit rose to £128.9 million after a loss of £284.6 million last year.