Ørsted still points to Europe as strongest growth market

2018 will be a crucial year for Danish energy company Ørsted, which is currently expanding its wind business in Europe, Taiwan and the US.

Photo: Ørsted

Markets around the world are showing support for Ørsted's growth plans in offshore wind.

Politicians in several US states have started to look more positively upon offshore wind, while Taiwan recently presented Ørsted with good news when four of the company's projects were approved by the country's environmental protection agency. The Danish company has also been victorious in a series of European auctions, but the excitement over these wins was somewhat offset by the major price plunge last year.

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