EnergyWatch

Ørsted's wind turbines slightly above last year's level

The major offshore wind division has rotated far more MW for Ørsted during the first nine months of the year, but the division nevertheless performed worse than expected.

Photo: London Array

Ørsted's offshore wind turbine division, Wind Power, emerged from the third quarter of 2017 with a higher EBITDA than the same period last year.

The operating profit at the company, which until a few days ago was known as Dong Energy, landed at DKK 1,674 million (EUR 22.4 million) against an expectation of DKK 3,872 million, according to estimates from Ritzau Estimates. In the third quarter of 2016, earnings were at DKK 1,643 million.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

RWE criticizes Repower EU

The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.

Further reading

Related articles

Latest News

See all jobs