SSE has said its investment in Scotland’s electricity infrastructure system could total in excess of £15bn this decade.
The Perth-headquartered company, whose operations stretch from renewables to regulated electricity networks, plans to invest in key technologies including new offshore wind, critical network upgrades, carbon capture and storage (CCS), batteries and hydro-electric power.
Assuming a continued supportive policy environment, the group’s current investment plans will see it investing significantly more than it makes in profits over the next few years in order to realise its growth opportunities and accelerate the transition to net zero; with Scotland making up the largest proportion of that.