Scottish & Southern Energy

Scottish & Southern Energy

Terry Murden: SSE will struggle to avoid Ofgem showdown

AMONG the regular takeover favourites Scottish & Southern Energy features prominently and the Perth-based utility has once again emerged as a candidate in a new round of European consolidation.

SSE to warn of soaring power bills

SCOTTISH & Southern Energy is this week expected to warn that energy prices will have to rise further amid growing expectations of double-digit hikes across the industry before winter.

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Iberdrola takeover talk drives S&SE

LONDON FTSE 100 CLOSE 5,944.96 -31.04

Bright outlook for SSE subsidiary

Scottish & Southern Energy has landed a contract to maintain thousands of street lamps, bollards and traffic signs for Knowsley council on Merseyside.

Scottish & Southern cuts planned power plant on demand uncertainty

SCOTTISH & Southern Energy yesterday blamed weaker electricity demand and uncertainty over the future of energy markets in the UK for a decision to almost halve the capacity of a planned power station in Wales.

SSE directors take on new roles as Hood steps down

SCOTTISH & Southern Energy yesterday announced an executive board reshuffle as it prepares for the retirement of its chief operating officer next year.

SSE defends rise in divi just weeks after gas price hike

Ian Marchant, the head of Scottish & Southern Energy, yesterday defended a hike in shareholder payouts just two weeks after the group unveiled an inflation-busting rise in gas prices.

SSE plays down demerger talk

SCOTTISH & Southern Energy will play down prospects for a demerger of its green energy business when it posts interim results this week amid growing City concerns about its soaring debt levels.

SSE reveals customer numbers topped 10m

Scottish & Southern Energy, the Perth-based utility, yesterday said its customer account numbers had reached ten million for the first time.

Power firm in dark over why the Western Isles were blacked out

ENGINEERS are trying to trace the source of a power cut that left the whole of the Western Isles without electricity for more than an hour.

SSE defies weather and gas price hikes

UTILITY company Scottish & Southern Energy said it was on course to deliver its dividend targets despite a rise in wholesale gas prices and an "unusual" fall in renewables output due to dry and still weather.

Mitsubishi tie-up to create 100 Scots jobs in low-carbon sector

Scotland is poised to regain its title as one of the engineering centres of the world, industry chiefs declared yesterday, as a major deal was unveiled to exploit the country's huge green energy potential.

SSE scales down its bid for EDF networks after share price fall

SCOTTISH & Southern Energy has opted not to splash out on a major stake in EDF's UK electricity distribution networks following a slump of 5 per cent in its share price during the past three months.

SSE fails to rule out higher energy prices

UTILITY giant Scottish & Southern Energy yesterday pledged to continue pushing through above-inflation dividend increases for the next three years, but said it could not rule out energy price rises.

Energy giant hits the gas with £278m swoop for Hess assets

SCOTTISH & Southern Energy has taken a first step into the upstream gas market with the $423 million (£278m) purchase of North Sea assets from US exploration conglomerate Hess.

Jobs to go as power firms are 'penalised' for being Scottish

FIRST Minister Alex Salmond yesterday blamed the National Grid's "discriminatory and anti-Scottish" transmission charges for the threatened loss up to 70 jobs at one of Scotland's largest power stations.

SSE extends fibre network with Atlas acquisition

SCOTTISH Enterprise has sold Atlas, its controversial fibre telecommunications network, to Scottish & Southern Energy.

Gas customers in Scotland set to pay less as SSE cuts prices

SCOTTISH & Southern Energy has announced an average 4 per cent reduction in standard gas bills from the end of the month.

Energetic expansion nets SSE 100,000 new customers

SCOTTISH & Southern Energy's expansion has continued at pace, with the company reporting that it lured more than 1,000 new customers on to its books every day in the final three months of last year.

Legal action threat over 'unfair' Scottish grid charges

THE chief executive of one of Scotland's power giants has threatened legal action over "discriminatory" charges for putting electricity into the grid.

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