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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

SSE boss calls on ministers to support renewable energy industry as inflation bites

A wind turbine
A wind turbine. SSE reported pre-tax profits of £565.2m for the first half of the year. Photograph: Nick Ansell/PA

The boss of SSE has called on the government to take bold action to support the renewable energy industry as rising inflation across the global supply chains threaten to slow the rollout of new clean energy projects.

The SSE chief executive, Alistair Phillips-Davies, told investors that the FTSE 100 utility would increase its spending by 14% to £20.5bn for its current budget in part because of a sharp rise in the costs of building windfarms and electricity grids.

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