SSE Wins Planning Consent to Convert Sloy Hydro Into Pumped Storage
SSE secured planning consent for an option to convert its Sloy hydro scheme in Scotland into a pumped storage facility, adding to its grid flexibility pipeline.
You are viewing a historical snapshot of United Kingdom (London Stock Exchange). These figures are a preview to show what TradeTidings covers. Live, continuously updated United Kingdom sentiment and stock impact is a Pro feature.
Get live United Kingdom data with ProOver the last 90 days, Electricity & Multiline Utilities shows 27 positive, 11 neutral and 12 negative news signals across its constituents. The auto-generated sector insight (top drivers with direction + rationale) appears here once the analysis worker has processed enough items.
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How news sentiment on the Electricity & Multiline Utilities sector has built up over time. Each bar sums the direction of every story TradeTidings published in the period, weighted by how influential we rated it, not just a plain count, so a single high-influence negative story can outweigh several small positive ones. Hover a bar for its exact figures, or click one to filter the stories below to that period. Our own original analysis, not a copied index or a price chart, and not a prediction.
The most recent stories affecting Electricity & Multiline Utilities, across all of our coverage.
SSE secured planning consent for an option to convert its Sloy hydro scheme in Scotland into a pumped storage facility, adding to its grid flexibility pipeline.
Centrica is cutting 1,300 jobs over the next two years as part of a technology-led transformation aimed at automating more of its operations.
Centrica's first-half EBITDA fell 18% to £737 million, with management guiding toward £200 to £250 million for 2027, a notable step down from recent years.
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Centrica shares fell after the British Gas owner flagged concerns around its 2027 earnings guidance, raising questions about whether current profit levels can be sustained.
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British Gas owner Centrica is cutting around 1,300 jobs after reporting a decline in interim earnings.
The Rough gas storage facility, in which Centrica holds a stake, swung to a £57 million profit even as Centrica ruled out extending its operating life.
Southern Water and its former CEO have been charged criminally over falsified wastewater treatment tests. The case underscores rising regulatory pressure on UK water companies and carries implications for penalties, trust, and operational oversight.
Almost a quarter of United Utilities shareholders voted against the company at its annual meeting, one of the biggest investor revolts of the year among UK-listed firms.
SSE reported a 31% year on year rise in renewable electricity generation for the first quarter of its financial year, driven by wind, hydro output and new capacity.
United Utilities has confirmed its stance on a possible hosepipe ban for the North West after a dry, hot spell, putting drought resilience and regulatory scrutiny back in focus for the stock.
National Grid Ventures has taken a 35 percent stake in Joulent, a US developer of power plants built specifically for AI data centres, for $1.75 billion.
Ofwat found Severn Trent breached its wastewater duties but issued no fine, the first no-penalty outcome in its sector-wide investigation, after the company invested 98 million pounds and cut storm overflow spills 41%.
A Neso heatwave warning of a 1.2 gigawatt grid shortfall gives flexible generators like SSE and Centrica a brief pricing boost, though the effect is small and temporary.
Ofwat closed a sector-wide wastewater investigation into Severn Trent without a fine after the company took ownership of its failings, removing a near-term financial penalty overhang for the stock.
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