CPH:ORSTED

World Resources Institute and Ørsted How Governments Can Scale up Private Sector Investment in the Renewable Energy Transition

Summary: 

To speed up the decarbonisation of the energy sector and limit global warming to 1.5 degrees, governments must work with the private sector to scale up much needed investments through conducive regulatory frameworks and policy solutions, says WRI and Ørsted in their new joint working paper.

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To speed up the decarbonisation of the energy sector and limit global warming to 1.5 degrees, governments must work with the private sector to scale up much needed investments through conducive regulatory frameworks and policy solutions, says WRI and Ørsted in their new joint working paper.

Ørsted Completes Permian Energy Center

Blog

Permian Energy Center in Andrews County, Texas. 

Ørsted has completed its Permian Energy Center project, a 460 MWAC hybrid solar and battery storage facility located in Andrews County, Texas.

Permian Energy Center brings Ørsted's onshore operating capacity to 2.1 GW. The project and its 420 MWAC of solar PV and 40 MWAC of battery storage will be located on a 3,600-acre site alongside existing oil and gas installations and will supply growing West Texas demand for electricity.

Ørsted and the UN Global Compact to Help Companies Put Carbon Reduction at the Heart of Their Business

Renewable energy company Ørsted is a patron of the UN Global Compact’s Climate Ambition Accelerator, which aims to help companies set science-based carbon reduction targets and spur ambitious climate action.
Press Release

COPENHAGEN, Denmark, April 23, 2021 /3BL Media/ -- Global society has less than ten years to halve carbon emissions and stay below the critical 1.5°C threshold of global warming. Companies can play a vital role in meeting those climate goals by transforming to more sustainable business models, but they don’t always know where to start.

310 Businesses And Investors Support U.S. Federal Climate Target In Open Letter To President Biden

Article

Business signatories of the letter collectively represent over $3 trillion in annual revenue and employ nearly 6 million U.S. workers across all 50 states. They range in size from small- and medium-sized enterprises (SMEs) to large multinational corporations, and represent a number of industries. 

Ørsted Signs a Long-Term Power Purchase Agreement with Nucor

Nucor will purchase energy from the Western Trail onshore wind project, currently under construction and expected to be operational later this year.
Blog

Nucor, a steel manufacturer, has signed a long-term agreement to purchase energy from the 367 MW wind farm in Texas.

"Western Trail will utilise Nucor steel, demonstrating our ability to develop multilateral supply chain relationships," said Vishal Kapadia, Senior Vice President and Onshore Chief Commercial Officer at Ørsted. "It's great to partner with Nucor in their efforts to improve the environmental sustainability in the steel industry."

Ørsted Commences Construction of Largest Onshore Project to Date

Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business.
Press Release

Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, with an expected operational date in the first half of 2022.

The project expands Ørsted's onshore portfolio to Bee County, South Texas. The hybrid nature of the project allows Ørsted to maximise the use of the excellent location, in a highly liquid market, on a primary transmission import path into the San Antonio load centre and in an area characterised by strong coastal winds and sunshine.

Danfoss and Ørsted Sign Corporate Power Purchase Agreement

Two of Denmark's largest companies, Danfoss and Ørsted, have signed a corporate power purchase agreement for 27 MW of the capacity of Horns Rev 2 Offshore Wind Farm.
Blog

Danfoss, a world-leading industrial manufacturer of energy efficient solutions, has signed a 10-year fixed price corporate power purchase agreement (CPPA) with Ørsted to offtake the renewable electricity output of 27 MW of Ørsted's 209MW Danish offshore wind farm Horns Rev 2, which came out of subsidy in October 2020.

Ørsted, Aker Carbon Capture, and Microsoft Commit to Explore Development of Carbon Capture

Blog

Ørsted, Aker Carbon Capture, and Microsoft have signed a memorandum of understanding (MoU) to explore ways to support the development of carbon capture and storage at biomass-fired heat and power plants in Denmark.

Carbon capture and storage is widely accepted as an important instrument to meet both the Danish climate targets of 70 % carbon reduction by 2030 and to meet the Paris Agreement's goal to limit global temperature increases to 1.5 degrees Celsius.

Speeding Up the Race to Zero: Insights from Global 100 CEOs

Multimedia with summary

The 17 th annual Global 100 Most Sustainable Companies will be unveiled on January 25 with a virtual CEO roundtable discussion to share insights from Global 100 pros and why it’s essential for businesses to speed up the race to a net-zero-emissions economy.

Fishing in a Wind Farm: How Fisheries and Wind Farms Co-exist

Multimedia with summary

How can fisheries and wind farms co-exist? Since the inauguration of Westermost Rough wind farm in 2015 Ørsted has been working closely with Holderness Fishing Industry Group in Bridlington, England, to investigate if there are any ecological effects on the crustacean habitat from the construction or operation of the wind farm. This film is a summary of the study and of our collaboration with the local fisheries.

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