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Renewable Energy Investment Reduction by SSE

Sector: Power Transmission • Location: Scotland, United Kingdom

Source: Power Technology

Project
Planned With Delays And Potential Cancellations

UK utility SSE will reduce its planned investment in new renewables projects due to the changing macroeconomic environment and wider delays to planning processes. The company will invest £1.5bn less in renewable energy initiatives, £1bn less on thermal and other projects, and £0.5bn less on transmission projects. Projects facing delays include Berwick Bank offshore wind farm, Coire Glas pumped hyd

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The project “Renewable Energy Investment Reduction by SSE” is an infrastructure initiative in the Power Transmission sector, located in Scotland, United Kingdom. Taiyo aggregates data on it from Power Technology.

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planned with delays and potential cancellations

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Description

Description

UK utility SSE will reduce its planned investment in new renewables projects due to the changing macroeconomic environment and wider delays to planning processes. The company will invest £1.5bn less in renewable energy initiatives, £1bn less on thermal and other projects, and £0.5bn less on transmission projects. Projects facing delays include Berwick Bank offshore wind farm, Coire Glas pumped hydro storage project, and Arklow Bank wind farm.

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