Uniper Scales Back Green Energy Targets Amid Regulatory Delays

German energy company Uniper has significantly scaled back its green energy ambitions, reducing its target for green power production from 80% to 50% by 2030 and cutting its planned renewable energy expansion from 10 gigawatts to 2 gigawatts. This shift comes amid regulatory delays, geopolitical uncertainties, and a slower-than-expected hydrogen economy ramp-up, which have prompted the company to focus more on reliable earnings streams, particularly through natural gas and LNG infrastructure. Uniper plans to invest around €5 billion by 2030, down from earlier projections of €8 billion, and will participate in German government auctions for new gas-fired power plants while advancing two UK gas power plants equipped for carbon capture. The company reported a sharp decline in earnings for the first half of 2025, with adjusted EBITDA dropping to €379 million from €1.7 billion a year earlier. Despite these setbacks, Uniper remains committed to achieving climate neutrality by 2040 and plans to expand its gas and LNG portfolio to up to 300 terawatt-hours annually. Workforce reductions and a strategic portfolio refocus reflect Uniper’s adaptation to current market and regulatory challenges.