Green energy for everyone
We help countries and companies switch to green energy by building cost-competitive green energy solutions on a large scale - from offshore wind farms to renewable hydrogen facilities. We’re committed to making green energy sustainable for the climate, for people and for nature. If we do that, we are truly creating an energy system that will work for future generations.
The impact of green energy in pictures
We transformed from a fossil-fuelled company to a global green energy leader in a decade
In 2008, we did a complete rethink of our business strategy. From that moment on, we threw ourselves wholly into becoming a renewable energy company. We began to increase our investments in offshore wind farms and to convert our power stations from coal to sustainable biomass. In 2017, we took the final step and divested our oil and gas business. We’re living proof that big change is possible in a decade.
We now operate onshore and offshore wind farms, solar centres, energy storage facilities, renewable hydrogen facilities, and bioenergy plants. Our one remaining coal-fired power plant will be shut down by 2024.*
As a global market leader, we’ve been able to reduce the costs of green energy
We have the largest installed capacity and the largest number of new projects among offshore wind developers. Our market-leading position has enabled us to reduce the costs of renewable energy, so new markets and investors can see the huge potential of offshore wind as a more profitable, efficient and sustainable alternative to fossil fuels.
By 2030, our ambition is to supply green power for 80 million people
Our ambition is to have built 50 GW of energy generation capacity across all our green energy technologies by 2030. If we meet this target, by 2030 we will have built enough renewable energy facilities to supply green power for 80 million people.
People powered by renewable energy capacity built by Ørsted (million)
* Our target is to phase out coal before 2025. The Danish authorities have ordered us to continue and resume the operation of three of our power station units which use coal and oil until 31 August 2024.