Ørsted - Statistics & Facts

Ørsted is a Danish company focused on the development and operation of renewable energy sources. It one of the largest power companies in Europe and a global leader in the development of offshore wind farms. In 2022, Ørsted generated a revenue of almost 20 billion U.S. dollars. The company is currently headquartered in Fredericia, Denmark, and it also serves Sweden, the Netherlands, the United Kingdom, and Germany, among other countries. In 2022, the United Kingdom was Ørsted’s largest market, followed by Denmark.

Ørsted’s transition to renewable energy

Ørsted’s story began in 1973 with the creation of Dansk Naturgas A/S, a Danish state-owned company. Its principal purpose was to manage the gas and oil resources in the Danish North Sea area. A few years later, the company was renamed Dansk Olie og Naturgas A/S, also known as DONG, and in 2006, DONG Energy was formed from DONG’s merger with several Danish electricity producers. On November 6, 2017, the company changed its name from DONG Energy to Ørsted, after the Danish scientist Hans Christian Ørsted, to focus exclusively on clean energy. The company divested its oil and gas upstream assets to INEOS. Since then, the company has been fully focused on renewables, primarily on three businesses: Offshore, Onshore, and Bioenergy and other. Ørsted is considered one of the most sustainable corporations worldwide.

A global leader in offshore power

Ørsted’s offshore power segment is increasingly becoming an important part of the company’s strategy. The company is the largest offshore wind farm builder in Europe, accounting for share of roughly 17 percent of the total offshore capacity installed in the region, and for 26 of the new capacity added in 2020. In August 2022, Ørsted opened the world’s largest operational offshore wind farm, Hornsea 2, with 1.3 gigawatts capacity and 165 wind turbines, and located a few kilometers off the Yorkshire coast.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Lucía Fernández, Feb 10, 2023

Key insights

Orsted's revenue
19.8bn USD
Orsted's number of employees
8,027
Orsted's renewable capacity
15.1 GW
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Editor’s Picks Current statistics on this topic

Orsted's revenue from financial year 2011 to 2022 (in million U.S. dollars)

Renewable Energy

Orsted's revenue FY 2011-2022

Orsted's net income from financial year 2011 to 2022 (in million U.S. dollars)

Renewable Energy

Orsted's net income 2011-2022

Orsted's greenhouse gas emission intensity from FY 2011 to FY 2022, with a target for 2023 and 2025* (in grams of carbon dioxide equivalent per kilowatt hour)

Emissions

Orsted GHG emission intensity 2011-2022

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