Energy production and markets

UPM is a significant energy producer and consumer. We have built a solid base for growth in climate friendly energy by systematically investing in carbon dioxide (CO2) emission free electricity production and biomass based combined heat and power (CHP) production.

UPM is an active market participant in the Nordic and Central European electricity, fuel and emission markets. 

UPM's annual electricity production is about 14 TWh. The company is a net seller of electricity in Finland and Uruguay.

Annually UPM generates about 30 TWh of heat. The main sources are forest residues, such as bark and energy wood, and process by-products, such as black liquor from chemical pulp production. Part of the heat is recovered from thermo mechanical pulping (TMP).

Since 2000, UPM has invested over EUR one billion in renewable energy production, mainly in biomass-based combined heat and power production. In addition, UPM is investing in CO2 emission-free nuclear power in Finland.