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.

A world that runs entirely on green energy - Programmes
  • Green energy generation
    SDG: #13 → Target: 13.3
    The risks and effects of climate change are becoming increasingly prevalent. We take action to increase the share of green energy in our generation and reduce carbon emissions.

     


  • Deployment of offshore wind

    SDG: #7 → Target: 7.2

    To mitigate climate change and its consequences, we need to build more green energy capacity. Offshore wind represents a scalable and efficient green energy technology.

     


  • Greener power stations
    SDG: #7 → Target: 7.2

    Coal is the fossil fuel that emits most carbon dioxide, which negatively impacts the climate. By phasing out coal, we significantly reduce the carbon emitted from our heat and power generation.
     
     

     

     


  • Integration of green energy
     SDG: #9 → Target: 9.4

    In a world that runs entirely on green energy, power demand will increase, and generation and consumption will vary. This poses challenges to the energy systems. We focus on balancing the power grid with energy storage solutions as well as promoting more flexible consumption.

  • Energy savings
     SDG: #7 → Target: 7.3

    Globally, there is great potential for improved energy efficiency that enables businesses and households to reduce cost and carbon footprint. We want to unleash this potential.

     


Sustainability stories

One of the largest green energy developers in the world

Sustainability stories

Reducing carbon emissions faster than science demands