High prices have Ørsted's hopes up despite low wind
Primary operations in the offshore wind business enters deficit, with wind in general only just kept afloat by onshore. The real rescue, however, comes from the company's electricity and, not least of all, gas sales.
by ANNE FILBERT, translated by jonas sahl hollænder
A single month of poor wind during the fall would prompt a downgrade, said utility Ørsted in its half-year interim report, warning that its full-year result would land in the lower end of the already announced spectrum. But although wind speeds on average have been sluggish at 7.6 meters per second – a normal wind year sees the average speed at 8.6 meters per second – no such bad news is announced.
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:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Ørsted gets decisive nod for 900MW farm
For subscribers
Ørsted divests half stake in offshore wind farm
For subscribers
Ørsted invests in local US offshore wind jobs
For subscribers
.jpg&w=384&q=75){kind=logo}
