SSE counts cost of dry, still, hot quarter

摘要

Below-forecast renewable output and domestic gas demandrnhas cut £80 million from SSE’s Q1 2018-2019 target operatingrnprofit, the UK utility said July 19 in a trading update.rnMeanwhile the utility continues to lose customers as thernUK’s Big Six suppliers come under increasing pressure fromrnnew entrants and a looming cap on expensive default tariffs.rnHot, settled weather across the UK and Ireland in thernthree months to June 30 hit SSE’s hydro and windrnproduction against plan, while reducing retail demand forrngas and power. Gas-fired generation, by far SSE’s mainrnsource of electricity, was stable at 5.3 TWh for the period.