Increased Power Prices
Achieved power price for Q3 was EUR 46.1 per megawatt hour, higher than last year's EUR 44.1, supported by higher spot prices and strong physical optimization.
Efficiency Improvement Program
Fortum's efficiency improvement program is reducing annual fixed costs by EUR 100 million by the end of 2025, with the full run rate effective from 2026.
Acquisition of Wind Power Portfolio
Fortum acquired a 4.4 gigawatt wind power project development portfolio in Finland, strengthening its renewables pipeline to approximately 8 gigawatts.
Consumer Solutions Business Performance
Record high third quarter result in the Consumer Solutions segment, driven by improved electricity margin in the Nordics and improved gas margin in Poland.
Updated Optimization Premium
Estimated optimization premium for 2025 increased to EUR 10 per megawatt hour, up from a previous forecast of EUR 7 to EUR 9, due to higher power price volatility.