UK Green Subsidies Need Revamp to Meet Net Zero, SSE CEO Says

The UK may need to overhaul its renewable energy subsidy auctions to deliver on its net zero target, according to the head of utility SSE PLC

While Britain has long been the world leader in offshore wind power, projects have been put at risk by rapidly falling subsidies that can’t match rising prices. Last month, Swedish developer Vattenfall AB.

While Britain has long been the world leader in offshore wind power, projects have been put at risk by rapidly falling subsidies that can’t match rising prices. Last month, Swedish developer Vattenfall AB

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