About Ørsted
We are a global leader in offshore wind with 10.2 GW installed and over 30 years of experience.
Three interrelated crises – climate change, biodiversity loss and energy security – are all driving the urgent need to develop new renewable energy solutions.
The production and use of fossil fuels account for nearly 75% of global carbon emissions. To limit climate change and power the world sustainably, we must drastically accelerate the transformation of the world’s energy systems from fossil fuels to renewables.
At Ørsted, we’ve gone through our own green transformation . We were once one of the most fossil fuel-intensive energy companies in Europe. Today, we’re the world’s most sustainable energy company, and a global leader in the transition to green energy.
Our aim is to develop and deploy market leading green energy solutions that benefit the planet and our customers alike, further driving down the cost of green energy. By deploying renewable energy resources at scale, we want to revolutionise the way we power people and reduce the effects of climate change.
What we do?
Over the past 30 years, we have established our company as a global leader in offshore wind with 10.2 GW2 installed capacity.
We develop, construct, own and operate offshore and onshore wind farms, battery storage and solar projects.
Headquartered in Denmark, we operate across Europe, North America, and the Asia-Pacific region.
The UK is our largest offshore wind market with 5.6 GW of installed capacity – enough green energy to power almost 6 million UK homes a year1
[1] This based on an average household electricity consultation of 3.689MWh (Enerdata) and a load factor for offshore wind of 48%
[2] Installed Capacity for the group means renewable capacity accumulated over time for which commercial operation date (COD) has been achieved, and where the group has or has had an ownership share and an EPC (engineering, procurement, and construction) role in the project, disregarding whether such capacity has subsequently been di-vested, in full or in part. Notwithstanding the foregoing conditions are not fulfilled, renewable capacities from acquisitions are also added to the installed capacity.
Where do we generate energy in the UK?
See the map below of where our offshore wind farm, offices, and power stations are
Our green transformation
The path to net-zero can seem daunting. But we’ve proven that with commitment and determination, change can happen.
In 2009, 85% of Ørsted’s energy production was based on fossil fuels and only 15% on renewables. We committed to switching that ratio to 85% renewable energy and only 15% fossil fuels by 2040.
Many thought we were overly ambitious and said it couldn’t be done. But we were determined to focus on offshore wind, bring down its production costs and decisively move away from fossil fuels.
We achieved our goal by 2019 – within a decade of setting it and 21 years ahead of schedule. Today, Ørsted is the world’s leading offshore wind developer.
We have divested our oil and gas production business and we no longer use any coal for generating power. We’ve also set an industry-leading ambition that all renewable energy projects we commission from 2030 deliver a net-positive biodiversity impact.
In 2009, 85% of Ørsted’s energy production was based on fossil fuels and only 15% on renewables. We committed to switching that ratio to 85% renewable energy and only 15% fossil fuels by 2040.
Many thought we were overly ambitious and said it couldn’t be done. But we were determined to focus on offshore wind, bring down its production costs and decisively move away from fossil fuels.
We achieved our goal by 2019 – within a decade of setting it and 21 years ahead of schedule. Today, Ørsted is the world’s leading offshore wind developer.
We have divested our oil and gas production business and we no longer use any coal for generating power. We’ve also set an industry-leading ambition that all renewable energy projects we commission from 2030 deliver a net-positive biodiversity impact.
We’ve come so far, but we’re far from done. On the path to net-zero, we’re just getting started.
