Ørsted's carbon credits close to sold out after Microsoft deal

After the expansion of its deal with Microsoft, Ørsted has very few carbon credits left. The dialog with buyers for the second half of the storage solution’s lifetime is underway, says Ørsted.
"Private investors and companies that are willing to buy the carbon credits will be necessary to help finance carbon capture. Otherwise, the projects won’t work, even with government support" says Ole Thomsen, Senior Vice President at Ørsted | Photo: Pr/ørsted
"Private investors and companies that are willing to buy the carbon credits will be necessary to help finance carbon capture. Otherwise, the projects won’t work, even with government support" says Ole Thomsen, Senior Vice President at Ørsted | Photo: Pr/ørsted

Following the news that Microsoft will buy a total of 3.67 million tons of carbon credits over the next ten years, there’s only a fraction left for Ørsted to sell - 30,000 tons to be precise.

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