Climate change is one of the biggest challenges for life on Earth. Today, the world mainly runs on fossil fuels. We need to transform the way we power the world; from black to green energy. At Ørsted, our vision is a world that runs entirely on green energy. We want to revolutionise the way we power people by developing green, independent and economically viable energy systems. By doing so, we create value for the societies that we’re a part of and for all our stakeholders.
A decade ago, we initiated our transformation from a black to a green energy company. Since then, we’ve reduced our use of coal by 73% and more than halved our carbon emissions.
By 2023, we’ll be completely coal-free and have reduced our carbon emissions by 96%. In 2017, we sold our oil and gas production business.
Over the past 25 years, we’ve established our company as a global leader in offshore wind with a 25% market share. We develop, construct and operate offshore wind farms, and we’ve built enough offshore wind farms to power 9.5 million people. By 2025, our ambition is to power 30 million people from our offshore wind farms.
We’re currently converting all our coal-fired power stations to sustainable biomass. Another element of our bioenergy business platform is the Renescience technology which converts household waste to energy using enzymes.
We offer state-of-the-art, smart green energy solutions to our wholesale, business and residential customers. In our fully owned grid company Radius, we supply power to nearly one million homes and businesses in the greater Copenhagen area, and we’re working on bringing more intelligence to the power grid.
We’ve taken our name after Hans Christian Ørsted, one of Denmark’s best known scientists and innovators. Through his curiosity, dedication and interest in nature, he discovered electromagnetism in 1820, helping to lay the scientific foundation for how power is generated today. These qualities of Hans Christian Ørsted are just what we need to truly revolutionise the way we power people.
We’re headquartered in Denmark, and our shares are listed on Nasdaq Copenhagen (Orsted). We employ 5,600 people who collaborate with our partners to revolutionise the way we power people through innovative energy solutions and real action.
Contact us here, or follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube for more on how we can create a world powered entirely by green energy.