Scottish and Southern Energy Power Distribution (SSEPD) has been given the go ahead from energy regulator Ofgem for its £64m low carbon network projects in the Thames Valley and Shetland.
Ofgem will also provide the funding for the two projects which are set to transform the electricity distribution system, and help to prepare the energy industry for the move towards a low carbon economy.
Mark Mathieson, Managing Director of the SSE subsidiary, said: "The two projects have the potential to revolutionise the way in which Distribution Network Operators utilise their existing networks.
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"They will allow us to anticipate, understand and support behaviour change in individuals, small businesses and larger companies, to help us manage our networks more effectively as the UK leads towards a low carbon economy."
The New Thames Valley Vision (NTVV) is a £30m project in Bracknell which aims to prepare the local low voltage network for the changes that lie ahead as more people adopt new technologies for generating electricity.
The Northern Isles New Energy Solutions (NINES) is a £34M project, which will address some of the most pressing energy challenges Shetland currently faces by allowing small scale renewable generation to play a more significant role in meeting the islands' energy needs.
The two projects are part of SSEPD's Innovation programme which will bring forward projects costing over £80m over the next three years to ensure its networks can support the UK's low carbon future.
The share price of SSE rose 1.83% to 1,277p by 12:06.
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