UPM Energy is the energy business area of UPM‑Kymmene Corporation, focused on electricity generation and trading in Finland and the Nordic power market. The company operates within the Nordic market framework and supports the energy needs of UPM’s industrial sites as well as external customers via wholesale markets.
Its portfolio centers on hydropower assets in Finland and includes interests in other power generation, creating a predominantly low‑carbon supply mix. UPM Energy provides portfolio management, market access, hedging, and optimization services, and participates in ancillary and balancing power markets to support grid stability. The business applies digital tools for forecasting, dispatch, and risk management to improve the efficiency and reliability of its operations.