SSE pays £700k after missing gas smart meter target
SSE Energy Services is paying out £700,000 after it missed its target for the installation of gas smart meters last year. Suppliers are required to take all reasonable steps to roll out electricity and...
View ArticleSSE plans more than 400 job cuts
SSE is planning to cut more than 400 jobs in its retail business, blaming several factors including tough competition, the introduction of the energy price cap and increased costs. The Big Six supplier...
View ArticleSSE’s pre-tax profits drop 38% to £725m
SSE’s pre-tax profits fell by 38% to £725 million in the year ending the 31st of March 2019. The Big Six energy giant’s financial performance suffered as a result of increased competition and rising...
View ArticleSSE to close its last coal-fired power plant in Cheshire
SSE has announced plans to close its last coal-fired power station, the Fiddler’s Ferry plant in Cheshire. The energy supplier is now consulting with 158 employees at the site as well as trade unions,...
View ArticleCentrica and SSE on the road to zero emission fleets by 2030
Energy giants Centrica and SSE have committed to switch their fleets to electric vehicles (EVs) by 2030. They have joined The Climate Group’s EV100 initiative – alongside facilities services company...
View ArticleSSE calls on government to increase offshore wind cap
Big Six supplier SSE is calling on the government to increase the cap on new offshore wind projects in the UK under the Contract for Difference (CfD) auction to help decarbonise the economy “quicker”....
View ArticleRoyal opening for Scotland’s largest offshore wind farm
The largest offshore wind farm in Scotland with a capacity of 588MW has officially been opened by Prince Charles today. Located 13 kilometres off the coast of Caithness, the Beatrice Offshore Wind Farm...
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Climate protesters target SSE and Drax gas plant sites
Climate change activists have targeted the sites of Big Six energy company SSE and Drax to protest against their plans to build new gas power stations. Members of the Reclaim the Power group, dressed...
View ArticleSSE chosen to take on customers as Cardiff Energy Supply goes bust
Ofgem has chosen Big Six supplier SSE to take on the customers of Cardiff Energy Supply which has gone bust. The latter supplier’s 815 domestic gas customers will now be supplied by SSE, with their...
View ArticleSSE secures capacity contracts from RWE’s Aberthaw B coal plant
Big Six energy supplier SSE has agreed for the transfer of capacity market contracts from RWE’s Aberthaw B coal-fired power station to its gas plant in Scotland. The news follows German electric...
View ArticleSSE in talks over sale of UK retail energy business to OVO
SSE has confirmed it is in discussions with OVO Group over the sale of its retail energy business. In May this year, the Big Six supplier had said it was actively progressing a number of options for...
View ArticleSSE to cut energy prices in line with Ofgem’s cap
Big Six supplier SSE has announced it will reduce energy prices from October in line with the price cap reduction announced by Ofgem. Earlier this month, Ofgem lowered the default energy price cap from...
View ArticleSSE recruits next generation of energy workers with 100 new apprentices
SSE has made a step towards recruiting the next generation of energy workers this week by hiring 100 new apprentices. The energy giant says they will be trained up to tackle climate change across a...
View ArticleSSE sells retail arm to OVO Energy in £500m deal
SSE has announced it has agreed to sell its energy services business to OVO Energy in a deal worth £500 million. The deal will make OVO Energy one of the biggest suppliers in Britain, second only to...
View ArticleSSE unleashes new free EV tariff
SSE unleashes new tariff allowing electric vehicle (EV) owners to drive for free. The ‘One Year Fix and Drive’ deal is a one-year fixed tariff providing up to 2,000kWh of electricity for free per year...
View ArticleCompetition watchdog investigates £500m OVO Energy and SSE deal
The competition watchdog has launched an investigation into OVO Energy’s proposed £500 million deal to buy SSE’s retail arm. The Competition and Markets Authority (CMA) will assess if the acquisition...
View ArticleUK ‘can get to net zero by 2050 but government must step up ambition’
The UK can get to net zero by 2050 but government must step up ambition. That’s the call from SSE Chief Executive Alistair Phillips-Davies, who spoke on Radio 4’s Today Programme this morning. He said...
View ArticleSSE and National Grid move offshore to protect against nationalisation plans
SSE and National Grid have moved part of their businesses offshore to protect themselves and their investors against the Labour Party’s nationalisation plans. The Sunday Times has reported National...
View ArticleCompetition watchdog approves OVO Energy’s £500m SSE deal
The competition watchdog has given OVO Energy the green light for the takeover of SSE Energy Services in a deal worth £500 million. The approval follows the Competition and Markets Authority’s (CMA)...
View ArticleSSE completes sale of retail unit to OVO Energy for £500m
Energy giant SSE has completed the sale of its retail business to OVO Energy for £500 million. The acquisition of SSE’s household energy unit Britain follows approval by the Competition and Markets...
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