Ørsted was recently ranked the world’s most sustainable energy developer. The company was ranked number one among the 292 ‘power generating companies’ in Corporate Knights’ 2024 Global 100 index for the fifth time. Corporate Knights benchmarks a company’s sustainability performance against its usual peers and across sectors. Once a carbon-intensive company, Ørsted transitioned to renewables faster than any other major energy company. The company put sustainability at the core of its strategy as it became the global leader in offshore wind and is committed to a green transformation that benefits…
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Ørsted begins construction of Denmark’s first carbon capture project
Ørsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired Asnæs Power Station in Kalundborg and the straw-fired unit at Avedøre Power Station in Greater Copenhagen. This project represents Denmark’s first full-scale carbon capture project and signals the dawn of a new era for carbon capture and storage in the country. It is expected that the carbon capture project, which was awarded a 20-year contract by the Danish Energy Agency in May 2023, will capture 430,000 tonnes of biogenic…
Read MoreØrsted and ESVAGT sign second contract for methanol-powered vessel
In 2024, the world’s first green fuels vessel for offshore wind operations will launch off the UK East Coast, as the result of a ground-breaking agreement between Ørsted and ESVAGT. Now the two companies are expanding their partnership on green offshore operations by signing an agreement for a second green service operation vessel. Ørsted and ESVAGT have signed an agreement for a sister vessel to the world’s first methanol-powered service operation vessel (SOV), which was announced in 2022, further deepening the companies’ commitment to reducing carbon emissions from the…
Read MoreØrsted and WWF embark on marine restoration project in the Danish North Sea to contribute to ocean biodiversity
Over the last century, there has been a drastic decrease in the number and quality of biogenic reefs in the North Sea – with different species being affected by disease, overfishing, climate change, or changes to the water quality. In Danish waters, biogenic reefs are created by bivalves such as mussels or oysters. These species can form biogenic reefs consisting of living animals and empty shells from bivalves. The BioReef project aims to promote the recovery of these once common biogenic reefs of European flat oysters and horse mussels in…
Read MoreØrsted commits to reuse or recycle all solar panels
Ørsted is the world’s first energy developer to commit to reuse or recycle all solar panels from its global portfolio of solar farms with immediate effect. Solar energy is a key technology for the green energy transition and for limiting global warming. The deployment of this technology requires vast amounts of virgin materials. The mining of these has environmental and social impacts, and competition to secure access to these materials is on the rise. To lower dependency on virgin materials, a key solution is to reuse or recycle end-of-life solar…
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