Uniper's €5 Billion Energy Transition Plan: Flexible Power, Renewables, and Hydrogen-Ready Assets
chemanalyst.comUniper has reaffirmed its €5 billion investment plan for 2025-2030, targeting flexible power generation, renewable energy, and hydrogen-ready infrastructure. Nearly half of the spending will go to Germany, with a focus on dispatchable low-carbon electricity to support grid stability as renewables expand. The company plans to operate 15-20 GW of capacity by 2030, with at least half from renewable or decarbonizable sources. Key projects include two hydrogen-ready gas plants in Germany totaling 1.7 GW, a CCS-integrated project in the UK, and a 1.7 GW conversion in Sweden. Uniper is also investing in solar and wind, targeting up to 500 MW of new projects annually, and expanding its gas portfolio to 250-300 TWh through long-term supply deals. The company sees data center energy demand as a growth area, with over ten sites identified for development. The plan depends partly on Germany's upcoming StromVKG tenders. If executed, it could strengthen Europe's energy security while reducing emissions, though the reliance on gas and hydrogen-ready assets means near-term fossil fuel use continues.