Energy & Power

Ørsted A/S

Company Profile Analysis

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Ørsted A/S - Energy & Power showcase

Year Founded & Workforce

Not available

Industry

Energy & Power

Services

Ø

Ørsted A/S Overview

Ørsted A/S is one of major providers of renewable wave-energy technology that develop, construct, and operate offshore wind farms, waste to energy solutions, and bioenergy plants. In 2017, its name changed from DONG Energy to Ørsted A/S as it divested from its oil & gas business and became a fully green energy company. The company operates in three business segments, namely, wind power, bioenergy & thermal power, and distribution & customer solutions. The company offers it renewable energy products in two segments namely, wind power and bioenergy & thermal power. It procured residues such as straw, wood pellets and wood chips from agricultural farms and forestry in their bioenergy plants, which help reduce carbon emissions, per year. Its subsidiaries are Gunfleet Sands Holding Ltd and Walney (UK) Offshore Windfarms Ltd.

Strategy

The company strategizes to actively seek new partnerships to enter the untapped global markets of renewable energy. Furthermore, it divested from the conventional revenue generation business of oil & gas and adopted green energy in order to manage the carbon emission issues. The company has been focusing on advanced analytics and automation in all aspects of its business to optimize the potential of digitalization in renewable energy industry.

Company Snapshot

$9,735.25M

Revenue

SWOT Analysis

Strengths

  • Specialized in wind & bioenergy
  • Experienced workforce
  • Cost saving technology

Weaknesses

  • Dependence on Europe market
  • Dependence on the wind & bioenergy

Opportunities

  • Strategic acquisition
  • Rising demand in Asia-Pacific

Threats

  • Competition from other global players
  • Increased environmental regulations

Key Developments

DateApproachDevelopment
Mergers & AcquisitionØrsted completed the acquisition of Deepwater Wind, US an off-shore wind energy development group. The company acquired the company at the price of USD 510 million.
Mergers & AcquisitionØrsted completed the acquisition of Lincoln Clean Energy LLC, US onshore wind developer at the value of USD 580 million.
Contracts & AgreementsØrsted has been awarded the contract of 920MW capacity for its offshore wind sites in the Changhua region, Taiwan.
Contracts & AgreementsØrsted has been awarded the contract of 551.75MW capacity of its offshore wind German North Sea.
Contracts & AgreementsDONG Energy was awarded a contract to build Hornsea Project two offshore wind farm in the UK.

Product Offering

  • Ørsted A/S
    • Offshore wind
    • Bioenergy

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Ørsted A/S as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Ørsted A/S

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