SSE reaffirms outlook and welcomes clarity after zonal pricing spat Energy Scottish renewable power giant SSE has reaffirmed annual guidance despite a decrease in quarterly renewables output. The London-listed firm narrowed its annual earnings per share forecast earlier this year to between 155p and 160p and announced a multi-billion cut to future investment. It has, however, held firm on long-term earnings targets and reiterated adjusted earnings [...]
Octopus’s Greg Jackson: We have been gaslit by vested interests Energy Octopus Energy founder Greg Jackson has accused his opponents of “gaslighting” ahead of an imminent decision by ministers on whether to split up the UK’s power market. Prime Minister Sir Keir Starmer is expected to draw a line under the zonal pricing debate as early as this week after months of increasingly fierce lobbying from [...]
Zonal pricing would mean a postcode lottery for energy Opinion Anyone with a a serious interest in building, making or investing anything in Britain knows that creating a postcode lottery for energy prices will lead to uncertainty and higher prices for consumers, says Alistair Phillips-Davies Since Labour took office, a central question has emerged: can it reduce household energy bills by £300 and deliver the [...]
SSE boss: Zonal pricing would be a ‘huge mistake’ May 21, 2025 Introducing a zonal pricing scheme to the UK’s electricity market would be a “huge mistake,” the chief executive of SSE has said. Writing in Morning Wire, the Scottish energy firm’s outgoing boss Alistair Phillips-Davies argued such a move would create a “postcode lottery” where some households would pay £200 to £300 more “simply because of [...]