[SSE plans to invest £40bn in clean energy projects] SSE Plc, a power generator and grid operator, set out plans to invest as much as 40 billion pounds in clean-energy projects over a decade and called on the government to keep Britain competitive. The UK is working to boost its renewable power generation capacity to meet its goal of net zero emissions by 2050 and to become more independent of imported energy after geopolitical conflicts caused supply disruptions. What we want to see is an acceleration of pace and ensuring that Britain can compete with places like the United States with the Inflation Reduction Act (IRA), SSE chief executive Alistair Phillips-Davies said in a conference call with reporters. Mr Phillips-davies said SSE could not rule out future investments in the US, but expected Europe to remain its core market. The UK has a contract for difference (CfD) scheme to help stimulate investment in new renewable energy projects, offering a guaranteed minimum price for the electricity they produce. Editor/Xu Shengpeng
Click to see more live >>
Latest
  • 2026.07.01 15:45
  • [The Xudabao Nuclear Power Transmission Project has successfully delivered electricity]
  • On June 30, 2026, the Xudabao Nuclear Power 500 kV Transmission Project successfully delivered power to the entire line. The project is designed for grid connected power transmission of Xudabao Nuclear Power Plant units. After the project is fully put into operation, it can deliver 10 billion kilowatt hours of green electricity annually, ensuring the electricity supply for a large number of enterprises while significantly reducing carbon emissions. Editor/Cheng Liting
  • 2026.07.01 15:44
  • [Shaanxi Electric Power's Anhui Ultra High Voltage Project is officially put into operation]
  • On June 30, 2026, the ± 800 kV high-voltage direct current transmission project from northern Shaanxi to Anhui was fully completed and put into operation. This is the first ultra-high voltage direct current transmission project put into operation in China during the 15th Five Year Plan period. After the project is put into operation, it can replace 5.5 million tons of coal consumption and reduce 14.2 million tons of carbon dioxide emissions annually. Editor/Cheng Liting
Share

Retrieve password

Get verification code
Sure