Business Strategy and Outlook| Tancrede Fulop, CFA |
SSE is the only integrated British utility. Its wholesale generation unit operates roughly 9.2 gigawatts of which 5.9 GW of hydro and wind capacity. We expect renewables' power generation to be the main earnings growth driver on the commissioning of 3.2 GW of new onshore and offshore wind net capacity in the U.K. through fiscal 2027 and rise in achieved power prices. In the meantime, renewables' contribution to the group's EBIT will increase from 34% to 51% on an adjusted basis.