View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 2, 2021

SSEN Distribution announces power infrastructure investment plan

SSEN will invest more than $1.3bn in network and flexible solutions to create 2GW of capacity.

By Umesh Ellichipuram

UK-based energy company Scottish and Southern Electricity Networks (SSEN) Distribution has announced plans to invest £4.1bn ($5.6bn) in its networks and services from 2023 to 2028.

Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

The proposed investment was announced in SSEN’s draft business plan, in which the company outlined how it would deliver improvements for customers and fast-track investment in its networks to help communities reach net-zero.

The UK and Scottish Governments have both set targets for minimising carbon emissions in order to address the climate emergency.

The UK has committed to reaching net-zero by 2050, while Scotland aims to achieve net-zero by 2045.

To achieve these targets, local electricity networks are understood to play an important role, with the electrification of heat and transport gathering pace alongside smart flexible energy solutions.

SSEN’s distribution and transmission networks supply electricity to more than 3.8 million homes and businesses across the north of the Central Belt of Scotland and Central Southern England.

The company said that in its distribution network areas alone, electric vehicle ownership is estimated to increase from 30,000 to five million by 2050, with 2.5 million heat pumps being installed during the same period.

SSEN managing director Chris Burchell said: “Co-created with our stakeholders, we have developed an ambitious and balanced business plan, which provides more, efficient investment today to meet the net-zero challenge while also keeping bills down for current bill payers and supporting those most vulnerable with the challenges of here and now.

“We will continue working with our customers and stakeholders over the coming months to further refine our proposals and help strengthen our plan to power communities to net-zero.”

In its business plan, SSEN mentioned that it intends to invest £400m ($549m) in improving customer service and digitising systems, as well as £2.2bn ($3.02bn) in asset reliability and resilience.

The company will also invest more than £1bn ($1.3bn) in network and flexible solutions to create 2GW of capacity.

Related Companies

Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology