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    FT: SSE warns of UK’s ‘lights going out’

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SSE’s chief executive Ian Marchant “it appears the government is significantly underestimating the scale of the capacity crunch facing the UK in the next three years, and there is a very real risk of the lights going out as a result.”

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FT: SSE warns of UK’s ‘lights going out’

SSE, one of the Big Six energy suppliers, warned there was a risk of the “lights going out” in Britain because of lack of clarity on energy policy, and said it was cutting capacity and delaying investments in gas-fired electricity until at least 2015.

After completing a review of its assets, it had decided to close 2,000 megawatts of thermal generation capacity during the next year, SSE said.  MORE

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