SSE plans to invest £40bn in clean energy projects--Seetao

English

[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

2026.05.14 17:33
[Guangdong Data Center Cluster's First Cross Provincial Point to Point Green Power]
On May 12, 2026, the first inter provincial point-to-point green power transaction for Guangdong data center cluster was officially completed. Wind and solar new energy from Yunnan, Guangxi and other places will be transported to Guangdong and Hainan, with a focus on ensuring the green electricity consumption needs of power users such as data centers and foreign trade enterprises, and promoting the optimization of regional green energy resources to a higher level.Editor/Gong Ziwei

2026.05.14 17:28
[The transaction volume of the national carbon market has exceeded 60 billion yuan]
The national carbon emission trading market launched online trading on July 16, 2021. The latest transaction data shows that as of May 12, 2026, the cumulative transaction volume of CEA in China has exceeded 896 million tons, with a cumulative transaction volume exceeding 60 billion yuan.Editor/Gong Ziwei