Ørsted CEO: No economy in Danish offshore window tender without PTX

Even though Ørsted has more than halved its green fuel ambitions, the CEO says the appetite for PTX is not lost. It’s just going to be slower.
In 2021, Ørsted expected to have more than 3 GW of green fuels by 2030. Now, the expectation has been lowered to around 1 GW. | Photo: Ørsted
In 2021, Ørsted expected to have more than 3 GW of green fuels by 2030. Now, the expectation has been lowered to around 1 GW. | Photo: Ørsted

One element slipped into the background when Ørsted presented its annual report and new strategy last month. While the billion-kroner loss, the resignation of the chairman, the announcement of up to 800 job cuts and the up to 15 GW cut from the renewable energy expansion target grabbed the headlines, cuts were also made elsewhere. In the expectations for power-to-X.

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