UK energy company’s renewables arm produces about one-fifth less power for homes and business than expected
Intermittency of renewable sources means urgency is required to meet a challenging 2035 net zero deadline
Ofgem penalty comes as renewable energy makes challenge of balancing electricity network harder
Diversified SSE powers on despite the energy crisis
The chill wind of break-up calls could return, but for now SSE should have done enough to silence its critics
UK power group upgrades financial injection to as much as £40bn
Supreme Court rules it can claim capital allowances in case that could boost clean energy
Earnings per share expected to be 25% higher than previously expected
Proceeds will be used to fund transition to renewable energy
UK power group stresses renewables investment ahead of potential windfall tax
Group forecasts 25% rise in earnings on back of soaring wholesale power prices
Voluntary scheme would see some production sold at fixed prices well below wholesale rates
Scottish energy group’s boss rejects government claim of ‘extraordinary’ profits
Scottish energy group’s higher investment target comes alongside increased profit projections
Renewable power boost and record high prices as a result of Ukraine war lead Scottish group to upgrade forecast
Activists are pushing the business to split out its renewable energy operation but a hybrid portfolio has its benefits
UK energy group expects full-year adjusted earnings to be ‘at least’ 90p a share
Royal London says activist hedge fund’s strategy would cause ‘disruption’ and hurt UK’s net zero ambitions
Business secretary and MPs criticise response with 500 homes still without power as yet more severe weather hits country
Demands by feared activist are innocuous enough but lay foundations for greater change at energy group
US hedge fund criticises long-term chief and calls for two new independent directors to join board
The UK energy group cannot resist a renewables split indefinitely
UK energy company focuses on plan to increase investment in renewables to £12.5bn
Company blames low winds and dry weather for wind and hydro shortfall
A spin-off would be a bet that renewables can maintain their edge
