Uniper Power Purchase Agreement



Renewables Infrastructure Group (“TRIG”) is a leading renewable energy investment company in London. The company intends to offer shareholders a long-term, revenue-based return with a positive correlation to inflation, focusing on strong cash flow in a diversified portfolio of primarily operational projects. TRIG is targeting a total dividend of 6.50 pence per common share for the year to December 31, 2018. TRIG invests in a portfolio of 61 renewable energy projects (including offshore wind, photovoltaic and electric energy projects) in the United Kingdom, France and the Republic of Ireland, with a total capacity of 938 MW after the completion of the construction facilities. The Netherlands has decided to end coal-fired electricity by 2030. According to last winter`s ruling by the national court, the Netherlands will have to reduce its emissions from the previous 20% to 25% (compared to 1990) this year, which could affect the timing of the closure of coal-fired power plants. According to the information available, the Dutch government is in talks with companies that own coal-fired power plants in the Netherlands. The transition to a low-carbon, ultimately carbon-neutral future will take time and significant investment in energy generation and transportation infrastructure – power lines and pipelines. The transition must be done in such a way that we can guarantee energy supply under all conditions.

And costs must be kept affordable for all, for industry and services, for cities, transport and households. At the same time, the impact of the transition on regional development and employment must be taken into account. In addition to intermittent renewable energy, it is necessary to have a production that ensures the functionality of the company at all times. In the Nordic countries, these needs are covered by hydropower and nuclear power – and Uniper and Fortum have many. Uniper has about 200 hydroelectric plants with a total capacity of 3.6 gigawatts in Sweden and Germany. This capacity exceeds that of all hydroelectric power plants in Finland. Urgent action is needed, but for a functioning society, it is simply not possible to stop all fossil fuel production at the same time, whatever our will. Companies are totally dependent on electricity. Even a short power outage affects the intake and sanitation.

She`s disturbing. B the operation of hospitals, public transport, shops, banks and petrol stations. In the event of prolonged power outages, daily life – water, cooking and heating in residential, commercial and office buildings – would be problematic. Of fortum and Uniper`s combined production, 37% are carbon-free water and nuclear power and 49% are gas-free. Uniper`s emissions were reduced by 20% in 2019 compared to 2018 and by 35% for European production. Coal accounted for about 1% of Fortum and Uniper`s total sales in 2019. Uniper announced that it was going three times as much as the old coal capacity compared to dates 4. In addition, Uniper will close all of its coal-fired power plants in the UK by the end of 2025 and in the Netherlands by 2030 at the latest. By 2020, electricity generated by dates 4 has already helped to reduce more than 200,000 tonnes of CO2 compared to an average European coal-fired power plant.