Our full-year results

Link to You Tube. Opens in new window

16 May 2012
Ian Marchant, our CEO, talks about our full-year results

SSE 2012 Full Year Results Statement

16 May 2012

Lord Smith of Kelvin, Chairman of SSE said: "SSE has again delivered increases in the full-year dividend and in adjusted profit before tax demonstrates the resilience inherent in its balanced model of market-based and economically-regulated businesses, and the robustness of its strategy of focusing on operations and investment in each of those businesses."

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Latest dividend payment

24p a share on 23 March 2012
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Balancing energy businesses

We are the only company listed on the London Stock Exchange that has economically-regulated businesses like networks and market-based businesses like electricity generation and energy supply in the UK.

SSE at a glance

SSE contractors out on the job.

Our core purpose is to provide the energy people need in a reliable and sustainable way; and our strategy is to deliver sustained real growth in the dividend.

Transmitting and distributing energy

We’re the only energy company in the UK to be involved in electricity transmission, electricity distribution and gas distribution, giving us a diverse range of economically-regulated businesses.

Supply

Engineer on the job in dark, confined conditions.

We supply electricity and gas to over 10 million homes and businesses throughout Great Britain and Ireland.

Securing the UK’s and Ireland’s future energy needs

We believe that the UK and Ireland needs to become less vulnerable to high oil and gas prices and to secure the supplies of energy people need in the future.

Generation

Hydro electric dam at Pitlochry

We are the UK's second largest generation business, with a total capacity of just over 11,300MW.

Our full-year results

Link to You Tube. Opens in new window

16 May 2012
Ian Marchant, our CEO, talks about our full-year results

Annual Report

Our latest annual report

Link to Annual report 2011 PDF 1.96MB. Opens in new window. 

Share price

 

Latest dividend payment

24p a share on 23 March 2012
Dividend information page » 

News

We welcome enquiries from professional journalists and provide a 24-hour service for urgent enquiries.

For more information, look at our media contacts section.

SSE 2012 Full Year Results Statement

16 May 2012

Lord Smith of Kelvin, Chairman of SSE said: "SSE has again delivered increases in the full-year dividend and in adjusted profit before tax demonstrates the resilience inherent in its balanced model of market-based and economically-regulated businesses, and the robustness of its strategy of focusing on operations and investment in each of those businesses."

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  • Marine

    The UK has a large marine energy resource, incorporating two key types of marine technology, wave and tidal power.  SSE aims to have several hundred megawatts of marine capacity operating or with consent by 2020 and is developing a number of options around the UK.

    The UK has significant wave energy potential, due to the direction of the prevailing winds and the size of fetch over the Atlantic Ocean.  Tidal energy can be harnessed by either tidal range technologies, which exploit the size of tides or by tidal stream technologies, which use the speed of currents. Tidal energy has the benefit over other renewable technologies as it is predictably intermittent.
     
    Wave power currently receives financial support of 5 Renewable Obligation Certificate (ROC) per MWh produced under the Renewables Obligation (RO) and tidal energy receives 3 ROCs per MWh produced, due to the early stage of development of both technologies   The Government's proposed Electricity Market Reform is due to replace the support mechanism under the RO with a new low carbon generation support mechanism, but support mechanisms for previous investments will be grandfathered to ensure investor confidence