Fortum is the third-largest power generator in the Nordics and one of Europe’s cleanest power generators. In 2023, roughly 98.5% of the Group’s EBITDA originates from the company’s Nordic 45 TWh outright power generation, which is based on CO2-free hydro and nuclear power.
Fortum is also the largest electricity retailer in the Nordics with 2.4 million customers representing a market share of 15%. Furthermore, Fortum has district heating and cooling business in Finland and Poland. In 2023, Fortum produced 4.3 TWh of heat mainly from energy-efficient combined heat and power (CHP) plants. These businesses are complemented by onshore wind and solar, electricity and gas retail business in Poland and circular economy businesses.
