UPM Energy is the second largest electricity producer in Finland. It generates low-emission electricity in its own and co-owned power plants. In addition, UPM Energy's operations include physical electricity and financial portfolio management as well as services to industrial electricity consumers and producers.
UPM Energy provides industrial electricity consumption and flexibility services to industrial consumers and other energy companies. Deep understanding of industrial consumption as well as efficient, low-emission electricity generation, offer the company a unique position in the marketplace.
In addition to UPM Energy Business Area, UPM Group also has power generation assets in other businesses. Combined heat and power plants (CHP) and small hydropower plants are located in paper, pulp, timber and plywood mill sites, and they are primarily serving the local mills. UPM Group's total generation capacity, including shares in other companies, is 2,800 MW.