A world that runs entirely on green energy

The future of green energy brightens

To make real change, we need to take real action. In Ørsted, we want to revolutionise the way we power people.

In 2017, global carbon dioxide concentrations and average temperatures again reached record-breaking levels, and we witnessed more frequent tropical storms, harsher droughts and other serious consequences of climate change.

At Ørsted, our vision directly addresses the challenges of climate change. We used to be one of the blackest energy companies in Europe. Today, we produce 64% green energy, and our target for 2023 takes us beyond 95%.

Green has become cheaper than black

Our solutions focus on two technologies for the generation of green energy: offshore wind and biomass-fired power stations. We´re also exploring new business opportunities in energy storage and customer solutions to accelerate green adoption.

2017 was a breakthrough year for offshore wind. For the first time in history, it has become cheaper to build and operate offshore wind farms than new coal- and gas-fired power stations. As the world’s largest offshore wind developer, we have led the change together with our suppliers and business partners.

All our investments are aimed at our green energy portfolio. In 2017, we issued green bonds at a value of DKK 9.4 billion in support of our renewable energy build-out plan – the largest issuance in Denmark yet.

Associated programmes:

Sustainability stories

One of the largest green energy developers in the world

Sustainability stories

Reducing carbon emissions faster than science demands