ENERGY giant SSE has seen its profits balloon as high electricity prices saw its gas generation arm make a killing a day before the government is expected to hit companies with an extra windfall tax.
The company said that its renewables arm had struggled to cash in on high electricity prices, but the adjusted operating profit at SSE Thermal – the part of the business that burns gas to generate electricity – nearly tripled to £100 million in the six months to the end of September.
