SSEN Transmission to Invest GBP10bn in Scottish Networks, Enabling 11 GW of Offshore Wind Connection

SSEN Transmission to Invest GBP10bn in Scottish Networks, Enabling 11 GW of Offshore Wind Connection

by  
Seneca ESG  
- June 14, 2023

Scottish and Southern Energy Networks (SSEN) Transmission announced on Tuesday that it plans to invest GBP10bn (USD12.5bn) in Scotland’s networks, as reported by Reuters on June 12. This investment will enable the connection of approximately 11 gigawatts (GW) of offshore wind projects. As part of their “Pathway to 2030 Programme,” SSEN Transmission will allocate funds for the development of new onshore and sub-sea transmission links. These investments are part of a broader effort to upgrade the electricity transmission network across the entire United Kingdom in order to meet climate change and energy security goals.

By enhancing grid capacity, SSEN Transmission aims to facilitate the connection of the initial phase of projects from the ScotWind offshore wind leasing round, which collectively possess a capacity of up to 11 GW. This capacity is sufficient to power over 10 million homes, according to the company. The projects encompass various initiatives, including two 2-GW high voltage direct current links that will link Peterhead in Scotland to England, as well as two subsea links in Scottish waters and upgrades to onshore cable links. Moreover, this investment program is expected to create employment opportunities for more than 9,000 individuals throughout Scotland. SSEN Transmission is responsible for the ownership, operation, and development of the high voltage electricity transmission system in the northern regions of Scotland and remote islands.

Sources:

https://www.reuters.com/business/energy/uks-ssen-invest-10-billion-pounds-electricity-networks-2023-06-12/

Start Using The Seneca ESG Toolkit Today

Monitor ESG performance in portfolios, create your own ESG frameworks, and make better informed business decisions.

Toolkit

Seneca ESG

Interested? Contact us now

In order to contact us please fill the form on the right or directly email us at the address below

sales@senecaesg.com

Singapore Office

7 Straits View, Marina One East Tower, #05-01, Singapore 018936

+65 6223 8888

Amsterdam Office

Gustav Mahlerplein 2 Amsterdam, Netherlands 1082 MA

(+31) 6 4817 3634

Taipei Office

77 Dunhua South Road, 7F Section 2, Da'an District Taipei City, Taiwan 106414

(+886) 02 2706 2108

Hanoi Office

Viet Tower 1, Thai Ha, Dong Da Hanoi, Vietnam 100000

(+84) 936 075 490

Lima Office

Av. Santo Toribio 143,

San Isidro, Lima, Peru, 15073

(+51) 951 722 377

Tokyo Office

1-4-20 Nishikicho, Tachikawa City, Tokyo 190-0022