Business and key financials

Uniper has an attractive international portfolio of flexible, state-of-the-art energy assets, broadly diversified by country, generation type, and revenue source. The business line European Generation combines about 23 GW of generating capacity, mainly gas, hydro, and coal, in Germany, the United Kingdom, Sweden, and the Netherlands. This segment also includes Uniper’s services for the construction and operation of power plants and its interests in nuclear power plants in Sweden.

Uniper aims to reach carbon neutrality in the European Generation segment by 2035. A total of 5 GW carbon-free hydro generation in Germany and Sweden as well as nuclear generation in Sweden represent a backbone of Uniper’s future generation portfolio.

Uniper is one of the largest European traders of natural gas and electricity via its Global Commodities business line. It includes Uniper's global trading activities in physical commodities and the gas midstream business. The latter consists, among other things, of long-term gas supply contracts with a volume of almost 400 TWh. It also includes about 7.4 bcm of storage capacity and interests in pipelines.

The LNG business will be further expanded to put the supply portfolio on a broader basis following the loss of Russian gas supplies. Further growth areas comprise the addition of new hydrogen and hydrogen-related commodities as well as growing the already well established long-term solar and wind power purchase agreements (PPA) portfolio. In parallel, Uniper aims to reduce carbon emissions in the energy trading business also by promoting a reduction of upstream and downstream emissions within the existing value chain.