Ørsted, ATP plan to bid on coming North Sea energy isle

Despite prior skepticism and concerns regarding Denmark's forthcoming energy island in the North Sea, the power company is now prepared to place a bid for development rights in a partnership with state pension fund ATP.

Photo: Energistyrelsen

Danish state labor market pension fund ATP and Ørsted are ready to join forces to place a development bid for the forthcoming artificial energy island in the North Sea, reports domestic business daily Børsen.

"We consider the energy islands to be a fundamentally bright idea. These will serve as a cornerstone in accelerating offshore wind and Power-to-X in Denmark – but also to utilize Denmark's huge offshore wind resources in the North Sea and help the whole of Europe with decarbonization. This is an unbelievably strong case for us – both Ørsted and ATP," Ørsted Chief Executive Mads Nipper tells the media.

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