Highlights of the first half of 2025
- Power revenue and adj. EBITDA curbed by reduced electricity prices and production.
- Solid pipeline of power stations under construction and planning
Increased renewable power production capacity
Added production capacity of 73 GWh. Total production of 785 GWh, 9 percent decrease compared to 860 GWh in 1H 2024.
Continued modernization of plants for improved environmental performance
No material Health, Safety
and Environmental (HSE) incidents were experienced during the period.
Decreased system prices
The average monthly Nordpool system prices decreased from 46.8 EUR/ MWh in 1H 2024 to 36.2 EUR/ MWh in 1H 2025.
Limited interconnector capacity between north and south still gives significant price differences between the Nordic price areas.
Due to low and negative power prices, Småkraft reduced the production in Northern price areas from May onwards.
Added capacity, expanded powerplant pipeline
Added capacity of 73 GWh in 1H 2025. Ongoing construction program secured additional 258 GWh over the next two years.