By the numbers: How we build a world that runs on renewable energy

Ørsted has over three decades of experience in building renewable energy and is today among the world’s leading renewable energy companies, with a broad range of solutions to help decarbonise the world’s energy systems to limit global warming.

At Ørsted, we have a vision to create a world that runs entirely on green energy. The production and use of fossil fuels account for nearly 75 % of global carbon emissions.  To limit climate change and power the world sustainably, we must drastically accelerate the transformation of the world’s energy systems from fossil fuels to renewables.

We transformed from a fossil-fuel based energy company to a green energy company in a little more than a decade by investing significantly in renewables. We have reduced our carbon emissions by 89 % since 2006, and the share of green energy in our energy generation rose to 90 %  by the end of 2021.   

Offshore wind, onshore wind, and solar PV are cornerstone technologies in the global transformation to renewables. They help avoid emissions from fossil fuels by displacing fossil fuels from the energy mix. All three technologies are at the core of the green solutions we provide to countries to help them transition to renewable energy. 

Our target is to have built 50 GW of energy generation capacity across all green energy technologies by 2030, including 30 GW in offshore wind capacity.  The green energy we provide displaces carbon emissions that would otherwise have come from fossil-based energy, such as coal or gas. In 2021 , our green energy solutions helped avoid 15.1 million tonnes of carbon emissions.