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Orsted

The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers.

orsted

Ørsted ranks as the world’s most sustainable energy company in Corporate Knights’ 2021 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs 6,311 people. Ørsted’s shares are listed on Nasdaq Copenhagen (Ørsted). In 2020, the group’s revenue was DKK 52.6 billion (EUR 7.1 billion). Visit orsted.com or follow us on Facebook, LinkedIn, Instagram, and Twitter.

Ørsted Power role

With extensive experience developing, constructing and operating offshore wind farms, Ørsted will support ITM in the design of the offshore electrolysis system, including marinization design aspects and testing (in WP1 and WP2). During the trial phase, Ørsted will lead the planning and permitting and support ITM with the demonstration. Ørsted will lead the work, which consider the offshore design and techno-economics. As part of this work, Ørsted will review the potential to repurpose existing oil and gas assets, and analyse the current technical, regulatory and commercial challenges for offshore electrolysis installations.