Good Energy, a leading UK renewable energy provider, today announces the largest energy supply deal in its 26‑year history, signing a major new Power Purchase Agreement with Ørsted, the global leader in offshore wind, to source electricity from its Walney 1 and Walney 2 offshore wind farms off the coast of Cumbria. Under the two‑year agreement, which runs from October 2026 to October 2028, Good Energy will purchase 200 GWh of UK‑sourced renewable electricity each year, around one-sixth of the wind farms’ output. Over the full term, the partnership will deliver 400…
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Offshore wind pact is a giant leap towards powering Europe with renewable, secure, and cost-competitive electricity
The Joint Offshore Wind Investment Pact for the North Seas is a giant leap towards powering Europe with renewable, reliable, and cost-competitive electricity. With more investment predictability, a de-risked investment framework, and a coordinated build-out plan of up to 15 GW per year in Europe, Ørsted and the offshore wind industry is committed to bringing down the cost of electricity from offshore wind by 30 % towards 2040. Today, at the North Sea Summit 2026 in Hamburg, the governments of Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway, and the…
Read MoreØrsted ranked as a global sustainability leader by Corporate Knights
Ørsted takes ninth place in this year’s Corporate Knights Global 100, which ranks the most sustainable companies in the world based on an assessment of the companies’ sustainability performance. This is the ninth year in a row that Ørsted is included on the Global 100 list of the most sustainable companies in the world. Ingrid Reumert, Senior Vice President for Global Stakeholder Relations at Ørsted, says: “We’re pleased to be recognised as a global sustainability leader by Corporate Knights and to be ranked among the top ten most sustainable companies…
Read MoreReefs made up of endangered species to pave the way for more life in the sea
The North Sea region used to be full of biogenic reefs, but as intensive exploitation has deteriorated the marine environment, most of the native biogenic reefs have disappeared. That is why WWF-Denmark and Ørsted will establish a reef filled with horse mussels and native oysters – the Hirsholmene archipelago close to Frederikshavn in the northern part of Denmark has been identified as the prefered site for the project. Ørsted and WWF-Denmark has chosen Hirsholmene archipelago close to Frederikshavn in the northern part of Denmark as location for their BioReef project.…
Read MoreØrsted secures first access to lower-emission heavy plate steel through MoU with Dillinger
Ørsted and Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke) strengthen their partnership as the energy company secures first offer to procure Dillinger’s lower-emission heavy-plate steel for offshore wind foundations. Through the memorandum of understanding (MoU), Ørsted supports Dillinger’s efforts to drive the decarbonisation of steel production and leverages its influence to secure resilient supply chains, steel capacity, and the optionality to deliver on expected future costumer demands. Ørsted, the world leader in offshore wind, and Dillinger, the largest heavy steel plate producer in Europe, re-iterate the strength of their partnership by agreeing…
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