Ørsted, the green energy company behind the project, has transformed itself from being one of the most fossil-intensive utilities in Europe to become a world leader in renewable energy. Ørsted has reduced the carbon intensity of its energy generation by 83% since 2006 and will generate essentially carbon free energy by 2025, which put the company 27 years ahead of the necessary carbon emission reduction trajectory of the energy sector.
Matthew Wright, UK Managing Director, Ørsted, said: “Science tells us that we need to keep global warming within 1.5ºC of pre-industrial levels to avoid catastrophic and uncontrollable climate change.
“The world needs to dramatically speed up green action to make this target achievable. Global carbon pollution must fall to net zero in around 30 years: a huge and immediate transformation, but one we believe to be achievable if we act now.
“As a pioneering renewable energy company, we believe it is important to take drastic action on climate change and to empower others to do so too, which is why we have created this experience. Our company’s tag line, Love Your Home, is echoed in this new project, aimed at reinforcing the important message that we must all work together to protect our shared home.”
The UK is the only major economy to have declared a climate emergency and legislated for net zero carbon emissions by 2050. Decarbonising the UK’s energy system is vital to achieve this, and offshore wind will play a major role.
With 11 operational offshore wind farms and a further two, which will become the world’s largest, under construction, the UK is Ørsted’s largest market.
By 2030, at least one third of the UK’s electricity will come from this clean energy resource, thanks to the industry’s Sector Deal, agreed with Government earlier this year.
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1 Corporate Knights' 2019 index of the Global 100 Most Sustainable Corporations in the World.