SSE’s Keadby 2 power plant in northeast England
SSE rules out fossil fuel divestment in transition
UK energy company will retain unabated gas-fired power plants to support security of supply as it expands renewable portfolio, according to new net-zero transition strategy
UK energy company SSE has ruled out the sale of its remaining unabated fossil fuel power generation assets to help it meet emission reduction targets, citing the continued need for gas-fired plants to secure electricity supply in the UK and Ireland. “SSE notes that some of its competitors have pursued a divestment strategy, with high-carbon assets being sold to new owners,” the company says in its new net-zero strategy, published this week. “With the UK and Ireland continuing to need gas generation for electricity system security, SSE seeks to take responsibility for its high-carbon assets over the long term, operating them in a responsible way, managing the phased reduction of emissions and
Also in this section
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
3 July 2025
European Commission introduces new flexibilities for member states to ease compliance with headline goal
1 July 2025
Supportive government policy, deforestation threat and economic opportunity drive forward the region’s monetisation of forest carbon
