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SSE Shares Rise as Power Prices Climb on Strait of Hormuz Tension

SSE logoSSE
Sig1.43Sen+2.13Env+0.38Soc+0.18Gov+0.15

Renewed investor interest has pushed SSE shares higher after Strait of Hormuz tensions boosted oil prices above $100, lifting wholesale power prices. SSE’s mix of renewable generation, flexible thermal output and electricity networks is seen as better positioned to benefit from higher power prices and continued grid investment, as energy security and decarbonisation priorities reshape capital allocation.

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