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SSE full-year results 2013

Our full-year results presentation will take place on Wednesday 22nd May. Sign up for the webcast, which will be available to view on the day, at the following link.

Our sales guarantee

03 Apr 2013

If you have any concerns about the way we sold to you, please contact us using our online form.

Share price

 

Next dividend payment

25.2p a share on 22 March 2013
Dividend information page » 

Doing business responsibly

We don’t seek to maximise profitability in any one year but to maintain and develop a sustainable business that serves customers, employs people and pays dividends over the long term.

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 are one of the UK's largest generators of electricity with over 13,000MW of generation capacity in total (UK and Ireland) from the most diverse portfolio of power stations. We are the leading generator of electricity from renewables resources with a total generation capacity of 3,200MW.

Generation

Wind turbines next to lake.

SSE has the greatest diversity in fuels for generating electricity among UK generators.

2012 AGM

We held our 2012 Annual General Meeting (AGM) on Thursday 26 July 2012 at 12 noon in Bournemouth. At the AGM all of the resolutions put to the meeting were passed by shareholders on a poll.

 

Annual report

Annual report 2012

Our latest annual report

 

Share price

 

Next dividend payment

25.2p a share on 22 March 2013
Dividend information page » 

Serving our communities

Our first commitment is to ensure energy supplies are safe and reliable. But we also provide real, practical support which we hope will bring lasting benefit to communities in a number of ways.

Clyde Community Investment Fund

Clyde has the largest wind farm Community Investment Fund in Scotland which is expected to be worth around £22million (£875,000 a year for the lifetime of the wind farm).

SSE full-year results 2013

Our full-year results presentation will take place on Wednesday 22nd May. Sign up for the webcast, which will be available to view on the day, at the following link.

Our sales guarantee

03 Apr 2013

If you have any concerns about the way we sold to you, please contact us using our online form.

Share price

 

Next dividend payment

25.2p a share on 22 March 2013
Dividend information page » 

Phase 1 of Walney offshore wind farm operational

11 Jul 2011

The first phase of the offshore wind farm being developed in the Irish Sea by Walney (UK) Offshore Windfarms Ltd, in which SSE (Scottish and Southern Energy plc) has a 25.1% stake, is now operational. 

This means that 51 turbines, with a total installed capacity of 183.6MW, have successfully completed commissioning tests and are now available to generate electricity. As a result, SSE has added 46MW to its total electricity generation capacity. 

Construction of the second and final phase of the wind farm, which also comprises 51 turbines with a total installed capacity of 183.6MW, is now well under way. The first turbine was installed in early June 2011 and a further 17 have since been installed.  Phase two of the wind farm will be commissioned next year. 

The wind farm as a whole is expected to have an average load factor of around 43% and produce around 1,300 GWh (gigawatt hours) of electricity in a typical year. Under the UK government’s Renewables Obligation Scheme, this output will qualify for 2.0 Renewable Obligation Certificates per MWh. SSE will receive output in proportion to its equity stake. 

SSE’s share of the construction cost of the whole wind farm is expected to be around £250m, excluding connection to the electricity grid. 

Colin Hood, Chief Operating Officer of SSE, said: 

“This is an important milestone in SSE’s programme of investment in large capital projects and a significant addition to the company’s asset base.  With good progress also being made on phase two of Walney, I am confident that the wind farm as a whole will be commissioned, as planned, next year.”
 

 

 

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