Our strategy is to expand our core competencies - power, gas, and optimization - to better serve our customers and to transform our portfolio to make the energy future sustainable.

Uniper’s strategy foresees investments of around €8 billion through the early 2030s. We’ll add more flexible power generation, build more renewables, and source more hydrogen and other low-carbon gases. We’re also exiting coal, procuring low and zero carbon power from other producers, and exploring ways for our gas-fired power plants to operate climate-neutrally.

Together, these steps will enable the Uniper Group’s Scope 1, 2, and 3 emissions to be carbon-neutral by 2040.* And our power portfolio to reduce its Scope 1 and 2) emissions by more than 55% by 2030 (relative to 2019).

The implementation of our strategy made progress in 2024. For example, almost half our power output in 2024 was zero carbon. We have also made important decisions to restructure our portfolio. These include the comprehensive renovation of the 160 MW Happurg pumped storage power plant near Nuremberg. Once it is recommissioned, Happurg will make an important contribution to a flexible and low-carbon energy supply in Germany.

We are also committed to innovation, applying advanced analytics, algorithmic trading, and machine learning to continuously enhance our trading agility and market foresight.

Uniper’s more than 1,000 customers include municipal utilities, industrial customers, as well as grid operators. Our deep market expertise and global reach enables us to provide them with innovative and increasingly low-carbon power and gas products as well as long-term sourcing strategies tailored to their evolving needs. Many of our customers will invests heavily in the years ahead to reduce their climate impact. We intend to support their transformation by providing bespoke energy solutions that combine meaningful decarbonization with energy reliability.

The green electrification of space heating, mobility, and other sectors will likely take decades. In the interim, natural gas will remain indispensable. Uniper will continue to provide a reliable supply of it to our customers. We ensure reliability by procuring gas from a diverse sources including LNG imports and by operating one of Europe’s largest gas storage businesses. In addition, we’re gradually integrating renewable and low-carbon gases like biomethane and hydrogen into its portfolio. By the early 2030s our gas sales portfolio of more than 180 TWh will include 5-10 percent renewable and low-carbon gases, aligned with market developments, greener gases could account for 5% to 10% of our sales by the early 2030s. We’re proactively shaping these developments by building electrolyzer capacity to produce green hydrogen. We’re also repurposing some of our gas storage facilities for hydrogen.