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Ørsted fast facts

Get to know us in two minutes

Ørsted is a renewable energy company with a clear vision: to create a world that runs entirely on green energy.

Our investments into wind, solar, hydrogen, biomass-fired power plants and energy storage solutions help countries and companies transition to green energy.

In only a decade, Ørsted transformed from one of Europe’s most fossil fuel-intensive energy companies to being ranked as one of the most sustainable energy companies in the world.

Our ambition is to reach 35-38 gigawatts (GW) installed renewable energy capacity by 2030.

At end Q3 2024, our renewable capacity stood at 30.5 GW. Consisting of:


First mover to global green energy leader


Our story began in Denmark, but today we operate across Europe, North America, and the Asia-Pacific region.

We're committed to working with countries to accelerate the development of green energy and speed up decarbonisation.

We develop energy systems that are green, independent and economically viable

Wind farm

Offshore wind

  • Global leader in offshore wind 
  • Develop, construct, operate and own offshore wind farms 
  • Ambition to reach ~20-22 GW installed renewable capacity by 2030

Onshore renewables

  • Strong presence in the United States and Europe
  • Develop, operate and own onshore wind, solar PV and storage projects
  • Ambition to reach ~11-13 GW installed renewable capacity by 2030

Bioenergy & other

  • Presence in Europe, including combined heat and power plants, and legacy gas activities
  • Own and operate combined heat and power plants and optimise gas portfolio

Renewable hydrogen

  • Maturing a pipeline of project opportunities in Northern Europe and North America to meet our ambition of delivering ~1 GW gross electrolyser installed capacity by 2030

Wondering where our name comes from?

Our name is inspired by the scientist Hans Christian Ørsted who discovered electromagnetism – the foundation for how we produce energy today.
Find out more
Earth

Our sustainability ambitions are industry leading

We’re recognised on the CDP Climate Change A List as a global leader on climate action and were the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi).
Discover our approach to sustainability

Our financial outlook

Headquartered in Denmark, Ørsted’s shares are listed on Nasdaq Copenhagen (Orsted). In 2023, the group EBITDA was DKK 24 bn.

We plan to invest a total of DKK 270 billion from 2024 to 2030, primarily focusing on offshore (70 %), followed by onshore (25 %), and finally P2X and Bioenergy (5 %).
Read our 2023 annual report

  

  

More about Ørsted

Who we are

Learn more about Ørsted, a renewable energy company with a clear vision to create a world that runs entirely on green energy

Investor relations

See our financial reports, investor presentations, and fact sheets, plus contact details for our Investor Relation team.
Three employees working

Careers

Imagine a future where you build your career while building a world that runs entirely on green energy.
Wind farm
Ørsted was once one of the most coal-intensive energy companies in Europe. Today, we’re one of the world’s most sustainable energy companies, and a global leader in the transition to green energy.
Our transformation story