Fortum’s Q1 output flat, earnings jump on Uniper consolidation

摘要

Fortum’s first quarter 2021 generation was little changed on year at 13TWh, but higher achieved prices in its home market and consolidationof German utility Uniper saw earnings jump, the Finnish utility saidMay 12.Hydro generation rose slightly to 6.7 TWh, while nuclear output wasunchanged at 6.3 TWh.Achieved prices at Fortum’s Nordic generation unit averaged 9% orEur3.20/MWh ($3.86/MWh) higher on year. That boosted operatingprofit for the unit 14%.