Orsted News

Orsted Expects to Make FID on Hornsea 3 Offshore Wind Project in UK This Year

Jun 08, 2023

Danish renewable energy company Orsted said on Thursday it expects to take a final investment decision (FID) on its planned Hornsea 3 offshore wind project in Britain this year. Orsted warned in early March that the 2.8 gigawatt (GW) project…

Hybrid Crew Transfer Vessel WINDEA ONE Joins Orsted's North Sea Wind Farm Fleet

Jun 26, 2023

The first 32m parallel hybrid crew transfer vessel (CTV) designed by Incat Crowther for Emden-based EMS Maritime Offshore (EMO) has been delivered, with the vessel already servicing Germany’s offshore wind industry.According to Incat Crowther…

Prysmian to Supply Inter-Array Cables for Ørsted's Hornsea 3 Offshore Wind Farm

Jul 03, 2023

Prysmian Group said Monday it had been awarded a new contract by Denmark-based offshore wind farm giant Ørsted to supply inter-array subsea cables for the Hornsea 3 offshore wind farm, located 160 km off the Yorkshire coast, UK. Once constructed…

ABS Issues Safety, Technical Guideline for Floating Offshore Wind Substations

Jul 03, 2023

The American Bureau of Shipping (ABS) has published requirements addressing safety and technical standards for floating offshore wind substations in what has been described as an industry first. Together with input from offshore wind project developers…

Shell's Renewables Boss Quits after CEO Strategy Shift

Jun 30, 2023

Shell's head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy transition plans. Brostrom joined Shell from offshore wind giant Orsted in August 2021to…

Orsted to Invest $68B in Renewable Energy by 2030

Jun 08, 2023

Renewable energy group Orsted will invest 475 billion Danish crowns ($68.3 billion) by 2030 to achieve its goal of 50 gigawatts (GW) of installed power capacity at the end of the decade, it said late on Wednesday. The Danish company said the…

Northern Lights CCS: Trailblazing the Path to Europe’s Net Zero Emissions

Jun 22, 2023

In the global quest for achieving net zero emissions and slowing down global warming, carbon capture and storage (CCUS) technology has emerged as an important solution. Among the notable projects being developed in the field is the Northern…

Orsted and ESB Sign Deal to Develop Irish Offshore Wind

Jun 02, 2023

Denmark's Orsted and Irish utility ESB on Thursday signed an agreement to jointly develop an Irish offshore wind portfolio, the Danish wind energy group said in a statement.Orsted will become a 50% partner in a series of offshore wind development projects off Ireland's coast…

Taiwan's Offshore Wind Industry Braves Cross-strait Risks in Clean Energy Boom

May 11, 2023

In the port city of Taichung on Taiwan's west coast, a crane hoists into place the end section of a white wind turbine tower that stands almost a hundred meters tall.The turbine will be one of 111 spinning at a multi-billion dollar offshore wind…

Denmark to Take 20% Ownership of New Offshore Wind Farms

May 31, 2023

The Danish state will take a 20% stake in four planned offshore wind farms with a total capacity of at least 6 gigawatts (GW), the country's ministry of climate, energy and utilities said on Tuesday.Under the terms in the upcoming tenders, developers…

BOEM Completes Environmental Analysis of New Jersey Offshore Wind Project

May 22, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental analysis of the proposed Ocean Wind 1 wind project offshore New Jersey, which could power up to a half million households.As part of the Ocean Wind 1 project…

Offshore Wind Giant Keeps 2023 Guidance Unchanged

May 03, 2023

Denmark's Orsted, the world's No. 1 offshore wind farm developer, on Wednesday reported first-quarter operating profit in line with expectations, and confirmed its full-year guidance given earlier in the year. First-quarter earnings before interest…

Orsted and Acciona Team Up to Make Floating Wind More Affordable

Apr 19, 2023

Danish energy firm Orsted and Spanish engineering group Acciona will team up to develop new foundations for floating offshore wind turbines that cut costs and reduce carbon footprints, the two companies said on Wednesday. Floating wind technology…

European Countries Aim to Turn North Sea into Green Power Engine

Apr 24, 2023

Leaders from European countries surrounding the North Sea pledged on Monday to rapidly scale up offshore wind power generation in the region to strengthen energy security, at a summit in Ostend, Belgium.Leaders from seven European Union countries…

UK Oil, Gas Firms to Leave Year's Worth of Output in Ground with Tax Hikes

Mar 28, 2023

Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of oil equivalent in the ground over the next decade, the equivalent of one year's output in the aging basin, industry group OEUK said on Tuesday…

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