SSE : Now isn't the time to blink on net zero

Net zero is not only an environmental decision, it's a rational economic one. Investing now will not only reduce our future exposure to gas markets but it will also support jobs and growth.

Alistair Phillips-Davies, Chief Executive of SSE, said:

"In some quarters, the root cause of the current energy crisis is becoming misconstrued. Let's be clear, the volatile global gas market is behind the huge price increases that are now facing millions.

"Net zero, and the investment required to get there, is part of the solution, not the problem. Gas has an important role to play in the transition, but this is not a binary choice. We need both gas and new low-carbon technologies in order to have cleaner, cheaper and more secure energy supplies.

"Investments in indigenous, low-carbon power sources and greater flexibility will help reduce the amount of gas we need, allowing us to meet more of our own demand and rely less on imports. What's more, renewables pay money back to consumers when wholesale prices are high - this has saved hundreds of millions this winter and potentially even more in the future.

"Short term action is clearly needed to help consumers through this very challenging period but we mustn't blink now on net zero or we risk locking in the next energy crisis."