SSE (Scottish & Southern Energy) is the parent company for Southern Electric, Scottish Hydro, SWALEC and Atlantic. And it would appear that they are attempting to give the energy market a boost by trying to make it easier for new companies to gain a foothold in what is considered a particularly competitive market place.
SSE one of the UK's biggest energy supplier’s is looking forward to auctioning off its entire electricity supply on the wholesale market. Some industry experts are saying that this is going to have a massive effect on the way that the entire energy market operates.This is the first time such a move has even been hinted at by any member of the ‘Big Six’ energy companies never mind planned and implemented. SSE believes this should go a long way to helping the smaller companies move into the marketplace faster.SSE said their initial plan is to sell around 25% of their power on the wholesale market by November. However the larger goal is to be selling 100% of their energy on the market by the end of their financial year.The question is: Will this really make much difference to the consumer? We’d love to get some opinion on this, so please feel free to leave your comments or get in touch.Read more on this…