Fortum sees 2026 Nordic generation 80% hedged at EUR 40/MWh

Reuters2026/07/21 06:33

By:Reuters

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Fortum set new hedging guidance for its Nordic outright generation, with 80% of remaining 2026 output hedged at EUR 40/MWh.
For 2027, 65% is hedged at EUR 41/MWh, up from a previously reported 60% at EUR 40/MWh.
It kept its annual optimisation premium expectation at EUR 8-10/MWh for 2026, easing to EUR 6-8/MWh from 2027.
The 2026 nuclear volume outlook was cut to about 23-23.5 TWh from 23.5-24 TWh, with Q2 hit by more outage days at Oskarshamn 3.
Capex guidance stayed unchanged at EUR 2 billion for 2026-2030, with 2026 committed capex seen at about EUR 550 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortum Oyj published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fortum sees 2026 Nordic generation 80% hedged at EUR 40/MWh

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