‘Unfavourable’ weather hits wind power production at SSE
Energy company SSE (LON: SSE) doubled down on its outlook for the year even as poor weather conditions and delays to a wind farm hit power production at the company’s renewables arm.
SSE
Shell and SSE bosses join PM’s business council
The chief executives of Shell and SSE have been named as two of the 14 members of Rishi Sunak’s business council.
Green hydrogen-powered van to hit the roads of the Granite City
SSE’s team in Aberdeen are road testing First Hydrogen’s new hydrogen-powered van, the first UK utility to do so.
SSE fined £9.8m over ‘excessive’ grid payments to Foyers
Ofgem has issued a fine of nearly £10 million to SSE Generation after an investigation found it solicited ‘excessive’ payments for reducing output from its Foyers hydro scheme.
‘Electrifying profits’ from SSE Thermal as hunt continues for CCS
SSE (LON:SSE) saw its thermal division – the utilities firm’s gas-fired power plant arm – triple its profits during 2022 as it brought on new generation and enjoyed higher power prices.
SSE boosts investment plan to spend energy crisis cash
British power generator SSE will expand its green spending plan to £40 billion ($49.9 billion) over the next decade after earnings almost doubled last year.
Energy crisis meant UK paid £29bn more for power last year
The surge in wholesale electricity prices last year forced UK consumers to pay more than double the amount for power than they did before the crisis, according to a study by University College London.
SSE pledges £100m for major Scottish pumped hydro site
SSE is set to pledge £100 million to Britain’s biggest pumped hydro storage scheme in four decades.
Aberdeenshire wind turbine catches fire
The generator of a large wind turbine north of St Cyrus caught fire.
SSE ‘may have to give up’ on some green energy projects after windfall tax
SSE has warned it will review renewables investments following the UK Government’s bombshell windfall tax announcement last week.
Updated: SSE drops on Scottish wind farm delay as windfall risk looms
SSE shares edged down after the UK power generator said its major wind farm development would be delayed by months until the summer.
Exclusive: World’s worst greenhouse gas escapes from giant Scottish wind farm
Workers were forced to evacuate from a transformer platform in the giant £3billion Seagreen wind farm 27 miles off Scotland’s Angus coastline, following an escape of “the most potent greenhouse gas” in the world.
‘Massive milestone’ as first 100km of Shetland Link now complete
The first 100km of a new subsea cable linking Shetland with the UK’s mainland grid has been successfully installed following a four-month campaign.
Renewables windfall tax ‘would skew investment towards fossil fuels’
Renewable energy generators have hit out at a new UK Government bill which they said would impose a “windfall tax” on the sector and “skew investment towards fossil fuels”.
Energy industry pays tribute to Queen Elizabeth II
Figures from the energy industry have added their voice to mourners around the world following the death of the Queen.
Mitsubishi bags FEED contract for Peterhead power and CCS plant
Mitsubishi Heavy Industries (MHI) has secured an engineering and design contract for a gas power and CO2 capture plant planned at Peterhead.
Gallery: Giant foundations on the move from Port of Nigg to £3bn Seagreen wind farm
The foundations of the SSE (LON: SSE) Seagreen project are set to begin their journey from the Port of Nigg to the wind farm off Angus.
‘Surprise visitors’ as turbine tech spots Minke whales at Scottish wind farm
Stunning footage has been captured of whales making a surprise visit to turbine technicians at a North Sea wind farm.
SSE tips first power from Seagreen by end of July
The energy group reported strong quarterly performance and said it expects to generate first power from its Seagreen offshore wind farm by the end of this month.
Utility shares rise as UK spares firms from windfall tax
Shares in UK utilities climbed after the government said it wouldn’t extend a windfall tax to power generators.
UK to set out plans next week on electricity generator windfall tax
The UK plans to announce in the coming days whether it will extend a windfall tax to electricity generators -- a difficult task as the government tries to help consumers struggling with inflation while also supporting renewable energy.
Scottish firm Renewco Power expands with US solar, battery acquisition
Renewco Power has set its sights on US expansion with the acquisition of 1.5GW pipeline of solar projects and 500MW of battery storage projects from Virginia-based Beaufort Rosemary.
Nautical Petroleum founder steps up to chairman at Viaro
Viaro Energy has appointed Steve Jenkins as its non-executive chairman, following the departure of Roger Tucker.
UK could still foist windfall tax on electricity firms’ booming profit
A windfall tax on electricity generators making “extraordinary profits” is still an option, UK Chancellor of the Exchequer Rishi Sunak said Thursday after slapping a similar levy on oil and gas companies.
SSE profits, workforce swell as it plans £24bn UK investment drive
SSE reported a near 50% jump in full-year profits last year, as it accelerates plans to invest £24 billion in renewables and energy transition projects and hire 1,000 people per year across the UK.