For the first time ever, Ørsted enters a collaboration with an oil company on green hydrogen production. The Danish utility has signed an agreement with BP to develop a "potential large-scale project" at the British supermajor's refinery in Northern Germany's Lingen.

The project will initially feature an electrolysis plant with 50 MW in H₂ production capacity, set for commissioning in 2024. The idea is then to later extend the system tenfold, and the necessary power is set to be sourced from one of Ørsted's offshore wind farms in the North Sea.