SSE holds firm on £17bn clean energy plan despite dip in output

SSE Renewables has reaffirmed its £17.5bn clean energy investment strategy through 2027, even as Q1 output dipped 4% due to challenging weather across April and May. The company generated 2,499 GWh of clean electricity in the quarter, with gains in onshore wind offset by sharp declines in hydro and pumped storage.

Despite the weather-driven slowdown, SSE underscored the strength of its operational performance and project pipeline. The firm welcomed UK policy reforms, including the extension of CfD contracts from 15 to 20 years and the shelving of zonal pricing, both seen as catalysts for long-term investment.

Momentum also continues across key projects: SSE secured approval for its Skye Reinforcement transmission upgrade in Scotland and made a final investment decision on a €300m HVO-powered plant in Ireland—with future hydrogen potential.

As leadership transitions, the company remains bullish on the energy transition’s role in driving societal and shareholder value.

Read the full article for a deeper look at SSE’s investment strategy and market outlook.