Our flexible and efficient gas-fired generation will continue to play a critical role in the transition to a net zero future, providing reliable back-up power and complementing renewable energy.
As we increase the amount of renewables on the system, we will require other forms of generation to respond to market changes and ensure security of supply. When it comes to new developments, we believe low-carbon gas-fired generation is more cost-effective, more flexible, and quicker to deliver than the alternatives.
In SSE Thermal, we currently own and operate five of the most flexible and efficient gas-fired power stations in the UK and Ireland. Additionally, we’re now investing £350m to construct our new 840MW Keadby 2 project in North Lincolnshire, which is expected to be the cleanest and most efficient CCGT in Europe.
However, we need to go further and find ways to decarbonise these assets to ensure they’re fit for the future. That’s why we’ve committed to not constructing any further gas-fired power stations without a clear route to decarbonisation.
We’re exploring exciting opportunities in carbon capture and storage (CCS) and hydrogen technology, which we believe will allow flexible power stations to continue providing large-scale generation in a net zero world.