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POWER: Uniper Advances Nordic Outright Power Hedges For 2024-26

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Uniper has advanced its outright power hedging for its planned production in Germany for 2026, with hedging ratios for 2024 and 2025 stable on the quarter. For its planned Nordic production, Uniper advanced its hedging ratios for 2024-2026.

  • For 2024, Uniper hedged 95% of its planned production in Germany at an average achieved price of €51/MWh as of Q3 2024. This compares to 95% hedged at €45/MWh at the end of Q2.
  • Uniper hedged 75% of its planned production in 2025 at an average achieved price of €124/MWh as of the end of September. This compares to 75% hedged at €123/MWh the end of June.
  • For 2026, Uniper hedged 30% of its planned production at €88/MWh at the end of Q3. This compares to 15% hedged an average price of €87/MWh.
  • For the Nordics, Uniper hedged 85% of its planned production at an average price of €45/MWh at the end of Q3. This compares to 80% hedged at €47/MWh at the end of Q2.
  • For 2025, Uniper hedged 65% of its planned production at €38/MWh at the end of September. This is up from 55% hedged at €39/MWh at the end of June.
  • For 2026, the utility hedged 35% of its planned production at €38/MWh. This compares to 30% hedged at €37/MWh at the end of Q2.
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Uniper has advanced its outright power hedging for its planned production in Germany for 2026, with hedging ratios for 2024 and 2025 stable on the quarter. For its planned Nordic production, Uniper advanced its hedging ratios for 2024-2026.

  • For 2024, Uniper hedged 95% of its planned production in Germany at an average achieved price of €51/MWh as of Q3 2024. This compares to 95% hedged at €45/MWh at the end of Q2.
  • Uniper hedged 75% of its planned production in 2025 at an average achieved price of €124/MWh as of the end of September. This compares to 75% hedged at €123/MWh the end of June.
  • For 2026, Uniper hedged 30% of its planned production at €88/MWh at the end of Q3. This compares to 15% hedged an average price of €87/MWh.
  • For the Nordics, Uniper hedged 85% of its planned production at an average price of €45/MWh at the end of Q3. This compares to 80% hedged at €47/MWh at the end of Q2.
  • For 2025, Uniper hedged 65% of its planned production at €38/MWh at the end of September. This is up from 55% hedged at €39/MWh at the end of June.
  • For 2026, the utility hedged 35% of its planned production at €38/MWh. This compares to 30% hedged at €37/MWh at the end of Q2.