EnergyWatch

Utilities

Ørsted's CEO declines to play on Big Oil's terms

Oil supermajors entering the offshore wind market has been a challenge for Ørsted, but CEO Mads Nipper insists the Danish utility will triumph by virtue of its skill and not succumb to rivals in a price war.

EU's climate legislation is running out of time

European Union climate policy negotiations are not really moving forward. A compromise regarding the carbon reduction target seems tough to strike and puts pressure on the EU Commission, which is supposed to present a series of legislative proposals this summer to help achieve the goal.

Logstor prone for growth under new ownership

With prior shortcomings now behind it and after having delivered the best earnings result in decade, Danish pipe manufacturer Logstor expects its growth to continue despite painful price increases. Now we will accelerate our top-line advance, says CEO.

Ørsted enters PPA in Texas

US steel maker Nucor has signed a long-term PPA with Ørsted to purchase electricity from Ørsted's onshore wind project Western Trail.

Norwegian financier targets "solutions" companies to meet climate goals

Climate change mitigation isn't achieved only by excluding big carbon emitters; investment is also needed in companies providing positive solutions. One of Storebrand's new climate goals for 2025 is that at least 15 percent of its investments go to what the firm defines as "solutions companies".

Latest News

See all jobs