Ørsted says onshore wind is "at least as profitable" as offshore

The two variants of wind energy technology will henceforth be in competition for the billions of euros Ørsted will invest over the coming years. The energy company denies lacking ambition within offshore wind, even though its market share is expected to receed.
Photo: Ritzau Foto/Jens Dresling
Photo: Ritzau Foto/Jens Dresling

Ørsted is the irrefutable major power within offshore wind energy. During the company's capital markets day, this message was visualized in several ways such as bar graphs showing how the portfolio of current and forthcoming projects is larger than the company's four closest competitors combined, and this goal will be raised from 11-12 GW to 15 GW in offshore wind capacity in 25 – and then to more than 30 GW in 2030.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading