The target was ambitious
The results speak for themselves:
- We’ve pioneered offshore wind in several new markets, including Taiwan and the US, creating jobs and economic activity in the process
- We’ve broken the record for the world’s largest offshore wind farm several times over, most recently in 2022, when Hornsea 2 entered commercial operations
- In 2017, in Germany, we submitted the first zero-subsidy bid in an offshore wind auction. Through an industry-leading approach to corporate power purchase agreements, we are now in a position to commence construction of wind farm Borkum Riffgrund 3
- Since 2006, our carbon emissions have been reduced by 89%. And we have decided to completely phase out coal in 2023*, which will enable us to reach a 98% reduction in carbon emissions. Ørsted has set the target to become a carbon-neutral company by 2025
Just over a decade ago, we were one of the most coal-intensive power utilities in Europe. Today, we’re the world’s most sustainable energy company, and a global leader in the transition to green energy.
Right now, we are at a very important point in history where renewables have become cheaper than conventional fuels. This means that these fuels will be the economic and rational choice going forward as well as being the sustainable choice.
Today, we are the global leader in offshore wind. We construct and operate offshore wind farms in Denmark, the UK, Germany, the Netherlands, Taiwan and the US.
Our strategy is to continue to lead from the front, with an aim to reach a total of 30 GW offshore wind capacity by 2030.