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.

Providing energy and utility services

We provide services from street lighting maintenance to gas storage and telecoms networks, all designed to help customers from large local authorities to householders meet their energy and utility needs.

Networks

Looking up at pylon with blue sky and clouds behind.

We distribute electricity to 3.5 million homes and businesses across one third of the UK’s total land area.

Working to reduce carbon dioxide emissions

We believe the energy industry will be radically re-shaped as carbon dioxide emissions are reduced and fossil fuels become scarcer and our low carbon transition is well under way.

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 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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  • SSE Renewables

    Wind

    When SSE entered into the agreement to acquire Airtricity (now re-named SSE Renewables for renewable energy development) in January 2008, the combined business had just over 870MW of onshore wind farm capacity in operation, in construction or with consent for development in the UK and Ireland. This capacity now totals 1,780MW, comprising:

    When SSE entered into the agreement to acquire Airtricity (now re-named SSE Renewables for renewable energy development) in January 2008, the combined business had just over 870MW of onshore wind farm capacity in operation, in construction or with consent for development in the UK and Ireland. This capacity now totals 1,780MW, comprising:

    • 840MW in operation;
    • 790MW in construction or pre-construction; and
    • 150MW with consent for development.

    SSE has a total of 14 wind farm projects currently under construction and expects a total of over 100MW of onshore wind farm capacity currently under construction to be commissioned during 2010/11. In addition to the timely completion of construction work, the commissioning of wind farm developments is dependent on their ability to connect to the electricity network. This has been identified as one of the key barriers to new renewable energy across the UK and Ireland.

    SSE now has:

    • over 3,400MW of renewable energy capacity (onshore wind, offshore wind, hydro and dedicated biomass) in operation, under construction or with consent in the UK ad the Republic of Ireland (excluding Arklow in the Republic of Ireland); and
    • over 1,400MW of offshore wind farm capacity with consent for development in Europe (including Arklow).

    In addition, we have submitted proposal to develop a 540MW wind farm on Shetland's central mainland as a result of our joint venture with Viking Energy Ltd (which is 90% owned by Shetland Charitable Trust ) and SSE.

    SSE has also made progress in the following key areas:

    • Clyde onshore wind farm (350MW): the wind farm is being developed in three sections - South, Central and North. The South section (130MW) should be completed by the end of 2011 and the entire wind farm should be completed by the end of 2012.
    • Griffin onshore wind farm (156MW): the main construction work is now getting under way. Turbine installation is expected to begin in the first half of 2011, with the wind farm due to be commissioned in 2012.
    • Greater Gabbard offshore wind farm (500MW; 50% stake): the first turbines are expected to be commissioned in late summer and early autumn, and the first export of electricity will then take place. The entire wind farm remains scheduled to be completed in 2012.
    • Walney offshore wind farm (367MW; 25.1% stake): the first phase (183.6MW) is expected to be commissioned in the first half of 2011 and the second phase in the first half of 2012.

    Marine

    In February 2009, we entered into a joint venture with Aquamarine Power, in which we have a 50%stake aimed at developing sites in the UK and the Republic of Ireland capable of hosting 1,000MW of marine energy capacity by 2020.

    As the leading generator of renewable energy in the UK, SSE is committed to building on its existing renewable portfolio by developing viable wave and tidal sites using industry-leading marine technologies. It will now work closely with statutory bodies, local communities and The Crown Estate to take forward this significant opportunity.

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