Tag: SSE

Britain’s largest pumped hydro scheme in 40 years gets £100m investment boost

Stuart Mitchell

Landmark Coire Glas in the Scottish Highlands could power 3 million homes and more than double GB electricity storage SSE is providing a £100 million investment boost into what can be Britain’s biggest pumped hydro storage scheme in 40 years. The announcement is being made today as part of a visit by Scotland’s Cabinet Secretary for Net Zero, Michael Matheson, to SSE’s Pitlochry Dam and Hydro Station where he will welcome the investment news being made by executives from SSE. More than doubling GB’s electricity storage capacity Located on the…

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Power sector joins forces to deliver a fair and just net zero transition

Stuart Mitchell

A global group of companies working across the power sector will join together to create a new initiative to promote a fair and just transition to net zero. Led by Scottish-headquartered energy company and COP26 principal partner SSE plc, the 11 founding partners have worked together since COP26 to develop the Powering Net Zero Pact. The Pact sees the firms – which operate in over 100 countries, collectively employ around 240,000 people and have a combined turnover of more than £55bn – promise to uphold a series of social, environmental…

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SSE announces £12.5bn Net Zero Acceleration Programme

Stuart Mitchell

SSE has unveiled an ambitious £12.5bn (net) capital investment plan to accelerate progress towards net zero. The company, which is currently building more offshore wind than anyone in the world including the world’s largest offshore wind farm at Dogger Bank, and owns and operates three of Britain’s electricity networks, will increase its capital investment by two thirds – £1bn more annually – to support the global push to decarbonise. The significant commitment comes just days after the curtain closed on COP26 in Glasgow. As a Principal Partner, SSE is putting…

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SSE to accelerate decarbonisation plans with new 2030 Goals

Stuart Mitchell

SSE, the UK’s national clean energy champion, will deliver a fivefold increase in its renewable output and cut carbon intensity by 80% by 2030 as it accelerates its net zero action plan. The FTSE-100 low-carbon infrastructure company today announced its four core 2030 business goals, aligned to the UN’s Sustainable Development Goals (SDGs), were being upweighted to drive faster decarbonisation across the next decade. Supporting Scottish and UK net zero targets it will also enable the connection of at least 20GW of renewable electricity generation to its north of Scotland…

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Microsoft and SSE form partnership to drive sustainability in the energy sector

Stuart Mitchell

SSE and Microsoft have signed a Memorandum of Understanding to help drive sustainability innovation in the global energy sector. The companies, both Principal Partners to COP26, have agreed to collaborate, trial and test technologies which can help in the drive for net zero. The partnership will utilise Microsoft’s artificial intelligence, skills programmes and cloud technology to assist SSE’s green ambitions across a number of areas. It builds on a sustainability and wildlife project that both companies are working on which has seen SSE using the Microsoft Azure cloud to understand…

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