Ørsted's power plants slammed by "unfavorable market conditions"

Despite far greater production and revenue in Ørsted's power plant division, the unit only barely improved the operating result. The thorn in the side of Ørsted is ironically the electricity market, where the wind division is drastically expanding these years.

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EU Parliament increases green targets for Europe

The stage is set for a showdown with the member nations, particularly when it comes to the renewable energy directive, after the EU Parliament has today voted for a 35 percent target in 2030 and an equivalent target for energy efficiency.

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