Ørsted tripled valuation in a few years – but the golden age of offshore wind begins now

The market for offshore wind energy is expected to explode over the coming years – and competition shows signs of easing, despite prospects for growth.

Photo: PR Ørsted

"We will be inaugurating the world's largest offshore wind farm. However, it will only hold that record for two years, says Ørsted Wind Power CEO Martin Neubert.

Thursday, Neubert is present at the inauguration of the Walney Extension offshore wind farm, which, with its 87 turbines, will be be able to supply to supply 500,000 British households with electricity.

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