EnergyWatch

Ørsted's overseas ambitions could face Swedish threat

The Swedish utility company Vattenfall has been forced to explore the possibilities for installing wind farms in the US and Taiwan, which could mean increased competition for Ørsted.

Photo: Vattenfall

Ørsted has thus far managed to avoid its biggest competitor on the emerging markets, but Vattenfall's top manager is now aiming its sights on offshore wind installations in the US, says CEO Magnus Hall in an interview with Finans.

"We are not there [in the US and Taiwan, -ed]. We feel that, from our perspective, that there is more to do in Europe," he says.

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