SSE shares edge up in London after SSEN flags January flexibility auction

SSE shares edge up in London after SSEN flags January flexibility auction

London, Jan 6, 2026, 10:07 GMT — Regular session

SSE Plc (SSE.L) shares edged higher in London trade on Tuesday, with investors weighing fresh signals from its power networks arm as Britain’s grid upgrade cycle gathers pace. The stock was up 0.7% at 2,271 pence by 1007 GMT, after closing at 2,254, and has traded between 2,249 and 2,277 on the day. Investing

The move matters because SSE sits at the centre of Britain’s push to reinforce electricity networks and connect more renewable generation and electrified demand. For equity investors, regulated networks can offer steadier cash flows than power generation, but the trade hinges on whether investment translates into allowed returns and timely delivery.

Investors are also watching how quickly network operators can ease grid bottlenecks without simply building more wires. That has put a spotlight on “flexibility” — paying users and generators to shift when and where they consume or supply electricity — as a cheaper way to manage congestion when demand spikes.

SSEN Distribution, part of the SSE group, said on Monday it will launch a new long-term flexibility auction on Jan. 12, with the window open until Jan. 26, seeking 46 megawatts across 101 areas of its network. “Flexibility Services are a key part of our overall network plans,” Paul Fitzgerald, flexibility manager at SSEN Distribution, said. SSEN

The backdrop is a wider ramp-up across Britain’s electricity networks as they prepare for heavier power flows from wind and solar and greater use of electric vehicles and heat pumps. The Financial Times reported network owners including National Grid, SSE and Scottish Power are expanding staffing, underpinned by Ofgem-backed investment plans to upgrade the grid. Financial Times

In the broader market, European shares held steady after a record-setting rally, and traders were set to sift through German inflation data and a sweep of manufacturing readings across the U.S. and Europe, including the UK. Those releases can move rate and growth expectations — key inputs for utility valuations. Reuters

On the chart, SSE is trading close to the top of its recent range, leaving price action sensitive to whether buyers can push it through recent highs or whether the move fades back toward the day’s lows. Traders also keep an eye on last year’s peak as a nearby resistance level.

The next corporate dates on the radar include SSE’s interim dividend payment scheduled for Jan. 30 and its preliminary results for the year ended March 31, due on May 28, according to the company’s financial calendar. SSE

A key risk is execution. If project timelines slip, costs rise, or the regulatory backdrop turns less favourable than investors expect, the market can quickly mark down the “safe” earnings profile utilities are priced for.

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