The British energy utility SSE has released its preliminary results for the fiscal year ending in March 2025, in which the group posted a net profit of £2.14bn (€2.54bn), a 3% decrease compared to the previous year. SSE’s power generation in FY 2024/2025 increased by 17% to reach 31 TWh, including 17.8 TWh from thermal generation (+16%) and 13.2 TWh from renewables (+18%).
The company’s thermal capacity remained stable at 6.2 GW, while renewable capacity increased by almost 12% to reach nearly 5 GW (with almost 2.5 GW of onshore wind, 1 GW of offshore wind, nearly 1.2 GW of conventional hydro and 300 MW of pumped storage). The company sold 9.8 TWh of electricity in FY 2024/2025 (-8%) through SSE Business Energy and distributed 38 TWh (+3%).
In FY 2024/2025, SSE reached 50% of turbines installed at Dogger Bank A, continuing progress on the 3.6 GW offshore wind park, whose completion is expected in the second half of 2025. In addition, SSE energised the 260 km Shetland HVDC transmission project, linking Shetland to the UK grid, and completed the associated 443 MW Viking wind park.
Finally, SSE started construction on the Eastern Green Link 2 (EGL2) transmission project, involving the construction of a 500 km subsea electricity transmission link between Scotland and England.