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 to offer all customers an Annual Energy Review

25 Apr 2012

Over the next 12 months, we will offer all our customers a energy review designed to ensure they are on the best product for their needs. This initiative will create 200 new jobs.

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Latest dividend payment

24p a share on 23 March 2012
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Providing the energy people need

We own over 11,000 megawatts of electricity generation capacity, distribute electricity to 3.5 million homes and workplaces and supply electricity, gas and other services to over 10 million customers.

Who we are

Hydro piping running from the dam.

In December 1998 we were formed with the merger of Scottish Hydro Electric and Southern Electric.

Generating electricity from diverse sources

We generate electricity from gas and coal and renewable sources like wind and hydro. This gives us the greatest diversity in fuels for generating electricity among UK generators and the biggest portfolio of renewable energy.

Generation

Wind turbines next to lake.

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

Lowering customers' energy use

We believe that sustainable energy supply is about providing the energy and related products and services that people actually need in the low carbon environment of 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. 

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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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  • The potential for renewable energy in Scotland

    SSE broadly supports the position taken by the industry representative body, Scottish Renewables.

    There is no doubt that Scotland has a clear comparative advantage in renewable energy that amounts to a major European resource. We are blessed with this abundance of clean energy, and it is technically feasible to harness it not only to meet the equivalent of Scotland's entire electricity needs, but as part of a wider electricity system, to export significant volumes to other countries.

    Renewable energy is also providing opportunities for businesses and investors and the economic opportunity for Scotland should not be missed. The complex energy environment picture that we all have to work on should not become undermined or any debate overtly polarised, particularly given the broad cross party support for shifting Scotland towards a low carbon economy as rapidly as possible.

    Since devolution in 1999 significant progress has been made in delivering more renewable energy and the foundations of a low carbon economy in Scotland have been laid. Renewable energy output has increased significantly, there is strong climate change legislation and an emerging programme to deliver the country’s goal to reduce greenhouse gas emissions by 42% by 2020.

    The primary challenge for all MSPs in the Parliament, will be to ensure that the policy framework leads to positive action: attracting the investment that will be necessary and delivering the jobs and skills for the future.

    SSE is Scotland’s leading renewable energy producer, developer and a major employer, with over 20,000 employees and over 10 million customers accounts across the UK. In the teeth of a recession, SSE has increased its workforce by 1500 in Scotland in the last two years, and is aiming to invest over £3bn in renewables and related infrastructure in Scotland in the five years between 2008 and 2013.

    I look forward to working with all political parties in the next term of parliament.

    Ian Marchant
    CEO

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