SSE has reported a delay in completing the commissioning of Keadby Two power station.
The £350 million combined cycle gas turbine plant is part of an emerging cluster in North Lincolnshire, with carbon capture and hydrogen set to follow.
In a market update ahead of publication of its half-year results in November - which came with a promise to reinvest additional profits back into infrastructure to prevent a repeat of the current energy crisis - the company told how it is now “expected to be available later this winter to help secure energy supplies”.
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It has also reported the completion of the acquisition of Triton Power with Equinor, where Saltend Power Station forms the significant asset, and progression to plan on Dogger Bank offshore wind farm and Viking onshore wind farm at Shetland, with first power from Seagreen, Scotland’s largest wind farm.
SSE has secured a 15-year capacity agreement for Keadby Two in the UK Capacity Auction process held in March 2020, scheduled to begin on October 1.
Anticipated to bring a £1 billion economic benefit over its lifetime , the addition - delivered with Siemens - will support 220 jobs in the area.
The 893MW plant is set to be “the cleanest and most efficient gas-fired power station in Europe,” capable of providing flexible energy generation capacity to the grid, with the turbine able to reach full combined cycle power in 30 minutes.
There were no further details on the reason for the delay given in the announcement to the city, with the project built through Covid. Further comment has been sought.
Finance director, Gregor Alexander, said: “Our balanced business mix has ensured a strong performance to date, however in such highly volatile market conditions, financial performance for the full year will be significantly influenced by plant availability, weather and commodity price movements.
"SSE continues to deliver growth through its fully-funded £12.5 billion Net Zero Acceleration Programme that will benefit society in the long term. Our plans include a growth enabling, rebased dividend from 2023/24 onwards and SSE's net investment into vital UK and Ireland infrastructure could exceed £25 billion this decade, creating thousands of jobs and ensuring secure, affordable, low carbon energy systems.
"As an infrastructure company SSE's over-riding response to the European energy crisis is to address the root cause of the problem and we are committed to reinvesting any additional profits derived from market variability directly back into energy infrastructure that will prevent a repeat of the crisis in the long-term."
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