EnergyWatch

Ørsted heralds end of golden age in offshore wind

Despite continued expansion, Ørsted expects the lowest result in five years from its crucial offshore wind business. A different approach to divestments could save the development, however.

The expiry of subsidies for Horns Rev 2 is highlighted as one reason Ørsted expects a lower operating result from offshore wind in 2021. | Photo: Ørsted

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