Ørsted, ATP plan to bid on coming North Sea energy isle

Despite prior skepticism and concerns regarding Denmark's forthcoming energy island in the North Sea, the power company is now prepared to place a bid for development rights in a partnership with state pension fund ATP.

Photo: Energistyrelsen

Danish state labor market pension fund ATP and Ørsted are ready to join forces to place a development bid for the forthcoming artificial energy island in the North Sea, reports domestic business daily Børsen.

"We consider the energy islands to be a fundamentally bright idea. These will serve as a cornerstone in accelerating offshore wind and Power-to-X in Denmark – but also to utilize Denmark's huge offshore wind resources in the North Sea and help the whole of Europe with decarbonization. This is an unbelievably strong case for us – both Ørsted and ATP," Ørsted Chief Executive Mads Nipper tells the media.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Baltic Pipe faces three-month delay

Danish TSO gets permission to resume pipe-laying efforts for most of the gas project, but other sections are postponed to next year. A "large portion" of the gas is expected to flow next year.

Further reading

Related articles

Latest News

See all jobs