Monday, 4 October 2010

Scottish and Southern Energy passes 10 million customer mark

Scottish and Southern Energy has reported that its customer base has broken
the 10 million barrier for the first time ever.

The Perth-based utility said that customer numbers had jumped 375,000 over
the past year.

In a stock market announcement ahead of the pre-close period before its
results are announced in mid November, the company also said electricity
production at its new Glendoe hydroelectric plant at Loch Ness should resume
in the first half of 2012 now that construction of new tunnels at the plant
is fully underway.

SSE had to shut the plant down in August 2009 after rock falls partially
blocked the main tunnel carrying water from the reservoir to the power
station. The shutdown has badly affected SSE's total power output, but had
only a small impact on overall earnings.

The firm included the Glendoe update in an update of its five-year
construction plan - which centers on building new wind capacity in the U.K.

The utility also raised the prospect of a small postponement in the startup
of the 350-megawatt Clyde onshore wind farm as issues surrounding the impact
of the turbines on the local air transport radar system are resolved.

SSE said: "This process may delay the start of electricity generation at
Clyde but it is still expected to take place in the early part of the new
financial year. The first turbines have now been delivered to the site.
Installation work is due to start this autumn."

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