Company profile

Future of SSE

#
Rank
340
| Quantumrun Global 1000

SSE plc (previously Scottish and Southern Energy plc) is a British energy company headquartered in Perth, Scotland, United Kingdom. The company operates in Ireland and the United Kingdom . It is engaged in the production and supply of electricity and gas, the operation of gas and telecom networks and other energy-related services such as gas contracting, storage, exploration and production, connections and metering. SSE is regarded as one of the "Big Six" companies which control the energy market in the United Kingdom.

Home Country:
Sector:
Industry:
Utilities
Website:
Founded:
1990
Global employee count:
21157
Domestic employee count:
Number of domestic locations:
12

Financial Health

Revenue:
$1824400000 GBP
3y average revenue:
$1861966667 GBP
Operating expenses:
$1783800000 GBP
3y average expenses:
$1751900000 GBP
Funds in reserve:
$360200000 GBP
Market country
Revenue from country
0.97

Asset Performance

  1. Product/Service/Dept. name
    Networks
    Product/Service revenue
    926600000
  2. Product/Service/Dept. name
    Retail
    Product/Service revenue
    455200000
  3. Product/Service/Dept. name
    Wholesale
    Product/Service revenue
    442500000

Innovation assets and Pipeline

Global brand rank:
452
Total patents held:
3

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the energy sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.

*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.

*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.

*The growing cultural awareness and acceptance of climate change is accelerating the public's demand for clean energy, and ultimately, their government's investment into cleantech infrastructure projects.

*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy infrastructure that will keep energy sector building contracts going strong into the foreseeable future.

*Significant breakthroughs in Thorium and fusion energy will be made by the mid-2030s, leading to their rapid commercialization and global adoption.

COMPANY’S FUTURE PROSPECTS

Company Headlines