Ørsted CEO: "Renewable energy is now a security policy issue"
Economic warfare against Russia has prompted Europe to raise its ambitions and purge itself of fossil fuel energy, and this agenda suits the Ørsted CEO perfectly.
BY KELD LOUIE PEDERSEN, TRANSLATED BY CHRISTOFFER ØSTERGAARD
For a brief moment, the war in Ukraine sent climate matters further down the global agenda, but now it has become an integrated part of Europe’s decision to rapidly free itself of all Russian energy imports.
With the acquisition of a majority stake in Ammongas, which provides solutions for extracting CO2 from biogas facilities, European Energy will expand strategy to make PtX from cradle to reincarnation. A great company, states CEO.
By next summer, flaring of excess gas will no longer be permitted in the Danish part of the North Sea unless strictly necessary for the safety of employees. The government’s ban on routine flaring comes in the wake of EnergyWatch’s coverage of the issue.