UNIPER SE Empower Energy Evolution
H1 2021 Interim Results
Prof. Dr. Klaus-Dieter Maubach - CEO Tiina Tuomela - CFO
11 August 2021
Highlights - Sound results
Performance
- Adj. EBIT H1 2021 €580m (€691m in H1 2020)
- Adj. Net Income H1 2021 €485m (€527m in H1 2020)
- Sound operating results blurred by stronger intra-year phasing effects (which will completely reverse until year-end)
- Full-year2021 outlook unchanged, earnings range confirmed
- Working intensively on the transformation of the portfolio
Uniper SE, Presentation H1 2021, 11 August 2021 | 2 |
Decarbonization efforts in Europe - Coal exit ahead of plan
Uniper's coal fleet1 - Exit path
Decarbonization & coal exit
MW | Hard coal-fired power plant | |
8,000 | Lignite-fired power plant | |
- Scholven coal unit C successful in Germany's
3rd coal exit auction, commercial operation to end October 2022 (subject to TSO decision) - Accelerated coal exit in UK, one unit of Ratcliffe power plant (500MW) to be shut down already by end of September 2022, remaining site closure brought forward to 2024
- Heyden 4 assigned to German grid reserve until September 2022 to ensure security of supply
- Wilhelmshaven site to focus on hydrogen infrastructure development
7,000 | Heyden 4² (875MW) | Exit path as scheduled |
Schkopau (900MW) | ||
6,000 | Wilhelmshaven 1 (757MW) | |
5,000 | Scholven³ (760MW) |
4,000
Ratcliffe (2,000MW)
3,000
Staudinger 5 (510MW)
2,000
Maasvlakte 3 (1,070MW)
1,000
Datteln 4 (1,052MW) | ||||||
0 | ||||||
2020 | 2025E | 2030E | 2035E | 2040E |
- Accounting view.
- Heyden 4, successful in Germany's 1st coal exit auction, ceased commercial operation on 01 January 2021. Assignment
to German grid reserve until 30 September 2022. Final closure foreseen after expiry of system relevance. | ||
3. End of commercial operations, technical end of operations subject to TSO decision. | Uniper SE, Presentation H1 2021, 11 August 2021 | 3 |
Ramping-up new business areas
Renewables
- 'One Team' - Uniper and Fortum with joint platform for onshore wind and solar in Europe
- Targeting joint additional renewables capacity of 1.5GW to 2GW (net capacity) until 2025
- Signing new PPA1 deals in Spain and North America
Green gas
- 'Green' methanol in Sweden - project AIR receives financial support from Swedish Energy Agency
- New initiatives to drive development of hydrogen economy in Europe (e.g. MoU2 Shell and Uniper)
- 'Green' ammonia for Europe - cooperation agreement with Oman's strategic green hydrogen project HYPORT®
Duqm - Mobility - Uniper subsidiary Liqvis offers carbon-free LNG for trucks
1. Power Purchase Agreement | ||
2. Memorandum of Understanding | Uniper SE, Presentation H1 2021, 11 August 2021 | 4 |
Operating indicators - Following trend from Q1
Global Commodities
Gas storage filling1
TWh
100
80
60
40
89% 66%
20
0
H1 2020 | H1 2021 |
European Generation
Production volume2
TWh
40+19%
30
8.6
5.7 Coal
20
6.8 Gas 9.8
10 6.7 Nuclear 6.5
7.2 Hydro 6.6
0
H1 2020 | H1 2021 |
Russian Power Gen.
Production volume2
TWh
40+4%
30
20 | ||
10 | 20.9 | 21.9 |
0 | ||
H1 2020 | H1 2021 |
Carbon emissions
Scope-13
m tons
40+19%
30
439 442
20 gCO2/ gCO2/
kWh4 | kWh4 | |
10 | 20.6 | 24.5 |
0 | ||
H1 2020 | H1 2021 |
- Physical filling levels as of 30 June 2021 and 2020.
- Pro-rataview; H1 2021 coal volumes incl. 0.6 TWh co-feed biomass.
- Direct carbon emissions fuel combustion.
- Carbon intensity in gCO2/kWh.
Uniper SE, Presentation H1 2021, 11 August 2021 | 5 |
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Uniper SE published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 05:35:02 UTC.
