Announcing that they are selling their 25% share in NuGeneration (NuGen), SSE stated that they would rather invest time and money in the companies strongest areas, largely revolving around green energy. The company did not write off the possibility of future involvement in nuclear, but did confirm that the core investment at the moment is in renewable energy. The company have a strong background in the renewable energy sector, and have additionally been backing environmentally campaigns by taking part in the UK boiler scrappage scheme.
SSE (who trade as Scottish Hydro) have never previously been involved in nuclear energy, but had plans to introduce a new power plant in West Cumbria. NuGen was set up with the cooperation of two other energy companies, and may still continue operations in another location.
