SSE: Billions in Investments in Europe's Energy Transition as a Long-Term Growth Driver

In May 2023, the energy company announced its groundbreaking Net-Zero-Acceleration-Program, which plans investments of approximately €45 billion by 2033. The funds will primarily be directed towards wind, solar, storage, and grid projects. As the number of electric vehicles will increase significantly in the coming years, along with the need for more batteries to be charged and expanded power grids, SSE sees enormous business opportunities. According to its own estimates, supporting transportation electrification alone could lead to a cumulative...