A worker checks a unit at Uniper's Bierwang gas storage facility near the Bavarian town of Kraiburg am Inn, Germany, June 10, 2022.

Wedoany.com Report-Feb 25, German utility Uniper has completed sales of significant portions of its future hydropower production as part of its hedging approach, according to a company announcement on Tuesday. The sales involve output from its German and Nordic operations, with specific volumes and prices outlined for the years 2025 to 2027.

For its German hydropower, Uniper has sold 30% of its 2026 output at an average price of 86 euros ($90.09) per megawatt hour (MWh) and 5% of its 2027 output at 80 euros per MWh. These figures were presented during an analyst call discussing the company’s 2024 earnings. In comparison, LSEG data indicates the wholesale benchmark price for German power from all sources was 87.95 euros for 2026 and 77.75 euros for 2027 on Monday. Variations in these prices stem from differences in fuel types and generation methods, including fossil fuels and renewables influenced by weather and national support programs.

Uniper’s earlier transactions include 80% of its 2025 German hydropower output sold at 121 euros per MWh and an average of 58 euros for 2024 sales. Hedging allows producers like Uniper to stabilize revenue by securing prices in advance, a practice wholesale traders monitor to evaluate market trends and asset strength. Beyond hydropower, Uniper manages coal, gas, nuclear, wind, and solar facilities across Europe, though these were not detailed in the latest update.

In the Nordic region, Uniper reported selling 40% of its nuclear and hydropower output for 2026 and 25% for 2027, both at 38 euros per MWh. This follows sales of 70% of its 2025 output at 38 euros and an average of 43 euros for 2024. A competitor, Vattenfall, shared on February 6 that it sold 52% of its 2025 Nordic power production at 48 euros per MWh, 27% of 2026 output at 41 euros, and 11% of 2027 output also at 41 euros.

These transactions reflect a broader strategy among energy firms to manage price fluctuations. The differences in pricing between years and regions highlight the influence of supply diversity and market conditions. Uniper’s sales provide insight into its financial planning while aligning with industry efforts to balance risk and stability in power markets. All data presented is based on company statements and market figures, ensuring accuracy and neutrality in reporting.