SSE unveils £12.5bn net zero spending pledge, plans to sell off stakes in subsidiaries
Energy giant SSE has outlined plans to invest more than £12 billion in the coming years to accelerate progress to net zero.
SSE
Senior US Gov figure visits north-east to learn about Scotland’s energy transition
A senior US Government figure was in the north-east earlier this week to learn more about Scotland’s energy transition.
The COP Shop Podcast #1: COP26 preview and the role of green finance
The stage is set. The (energy-efficient) lights are lit. After nearly a year of delay, the 26th session of the Conference of the Parties (COP 26) to the UNFCCC is finally upon us.
Green light for London-Glasgow electric bus tour ahead of COP26
Transport minister Trudy Harrison MP has welcomed the start of an electric bus tour from London to Glasgow to help showcase low-carbon energy ahead of the COP26 conference.
Viaro Energy completes acquisition of North Sea assets from SSE
Viaro subsidiary RockRose Energy has completed its acquisition of interests in several producing assets in the UK North Sea from energy company SSE.
‘There has been no decision to break up the SSE Group’ – SSE responds to media reports
Energy company SSE has hit back at media speculation that plans are in the pipeline to break up the SSE Group.
Peterhead Port could need ‘second berth’ to support hydrogen and CO2 transportation
Peterhead’s future as a crucial hub for the transportation of low carbon fuel and emissions was discussed by ministers in Westminster this week.
Hydrogen Strategy: Now is the Time to Accelerate
The demolition of the chimney stacks at SSE’s Ferrybridge power station on 21 August was a powerful symbol of the progress the UK has made in weaning itself off emitting carbon dioxide. Less than a decade ago, more than 40% of the UK’s electricity was produced from coal-fired power stations like Ferrybridge. Today the figure is more like 2%. And the UK government is committed to getting rid of the last vestiges of coal by 2025.
Shetland substation in talks to supply green energy to North Sea oilfields
North Sea oil and gas fields could one day receive green power from a huge substation, currently under construction in Shetland.
TotalEnergies eyes stake in giant North Sea wind farm
TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials.
SSE finds buyer for SGN stake in £1.2bn deal
London-listed energy company SSE will sell its 33.3% stake in gas distribution operator Scotia Gas Networks (SGN) for £1.22 billion.
Wind industry calls on G20 to speed up renewable power growth
Some of the biggest names in renewable energy are calling on the leaders of the Group of 20 nations to take action to speed up the deployment of green power to prevent dangerous global warming.
Huge Highland wind farm could be turned into tourist attraction, says councillor
A major wind farm could be utilised as a tourist attraction in the far north, a Highland councillor has said.
Activists block access to Peterhead Power Station, accuse SSE of greenwashing
Activists blocked the entrance to Peterhead Power Station this morning in a protest against site operator SSE’s sponsorship of the COP26 summit.
SSE chief confident bigger domestic supply chain will emerge
SSE chief executive Alistair Phillips-Davies has outlined his confidence in a bigger domestic supply chain emerging alongside a fast-growing UK offshore wind energy industry.
SSE profits up as spree of asset sales nears £2billion
SSE maintained healthy profits in 2020, despite the impact of the Covid-19 pandemic, racking up proceeds from assets sales of nearly £2billion.
Equinor and SSE to build ‘first of a kind’ low-carbon power stations in UK
Equinor and SSE Thermal have announced plans to develop a pair of “first of a kind” low-carbon power stations in the UK.
North Sea M&A: Dealing with the ‘what ifs’ key to a smooth transaction
At the start of the new tax year, we explore the financial landscape of the energy sector.
SSE to sell stake in Scottish gas network to focus on power
SSE plans to sell its 33% stake in local gas network company Scotland Gas Networks Plc as part of its plan to focus on renewable generation.
SSE, Equinor kick off stake sale in biggest offshore wind farm
SSE and Equinor ASA plan to put a stake up for sale in what will be the world’s biggest offshore wind farm off the coast of the U.K.
Governments mulling financial support for turbine manufacturing facility at Highlands port, says report
Port of Nigg could be in line to receive government funding to allow it to manufacture turbines for what will be the world’s largest offshore wind farm, according to a news report.
SSE takes on new round of apprentices as it targets renewables expansion
SSE has added another 53 new recruits to its ranks as it steps up ambitions to treble its renewable output and build the electricity network needed to deliver net zero.
‘Serious intent’ to get major west of Shetland oil projects to net zero – Orion
West of Shetland operators are working with “serious intent” to get huge new oil projects “to a net zero outcome”, according to the head of a major clean energy scheme on the islands.
London-listed renewables investor to buy stake in Scottish wind farm
A London-listed green energy infrastructure investor has struck a deal to buy 17.5% of the Beatrice wind farm off the coast of Scotland.
SSE strikes deal to sell gas portfolio to Viaro, which offloads Brae area for 75p
Energy firm SSE has clinched a deal to sell its gas exploration and production assets to Viaro Energy for £120 million.