WOW Graphics Impaakt Social Media 12

"Orsted provided renewable energy to around 18 million customers in 2020."

The Impaakt Team

7 min Read Time | September 9th 2021

WOW Graphics Impaakt Social Media 12

Read on to find out the winner of our article of the week.

This weekly award highlights the best writer and publication of the week. (Weekly Outstanding Work - WOW!)


Written by: Soumya K

Company: Orsted

SDG 7: Affordable and Clean Energy


Read the full article below.

"Orsted provided renewable energy to around 18 million customers in 2020."

In 2019, the primary energy consumption was 58kWh per person per day globally1. People use energy for heating, cooling, lighting, refrigeration, operating computers, appliances, and machinery, watching entertainment on TV, transportation, etc2,3. Energy is used for everything in society, from shopping malls to hospitals to educational institutions3. Industrial sectors like agriculture, mining, and construction also benefit from the use of energy2. Today, access to energy has become a basic necessity.

Orsted, a Danish company, provides energy to more than 18 million (M)4;p49 customers globally by developing, constructing, operating offshore and onshore wind farms, bioenergy plants, solar farms, and energy storage facilities5. Orsted’s power generation capacity in 2020 was 8,884MW6;p11. The installed offshore wind capacity in 2020 across Denmark, the UK, the US, and Germany6;p11 was 7,600MW and onshore wind capacity was 1,700MW in 20207;p20. The offshore energy generation was 15.2TWh and the onshore energy generation was 5.7TWh7;p20.


Globally, Orsted has a market share of 30% in offshore wind energy generation5 and is the largest renewable energy company in the world8. With continued investments in renewable energy since 2006, Orsted’s renewable energy percentage grew from 17% in 2006 to 90% in 20209. Orsted’s offshore wind energy investments proved that in just six years, its newly built offshore wind energy became cheaper than dirty energy10;p4-5.

Orsted’s drastic increase and higher percentage share of renewable energy is a successful case study to prove that companies can produce clean and cheaper energy without compromising one another. Orsted provides a major boost to the renewable energy sector and is also providing clean and cheaper energy solutions to millions globally, thus, creating a positive impact.


Make sure you log in to rate the impact described in the article.


Related
Articles

Based on the article you've just read, here are some more we think you'd be interested in.

WOW Graphics Impaakt Social Media 33

9 Min read

Bayer’s neonicotinoid pesticides are significantly disrupting ecosystems

Discover the impact Bayer’s neonicotinoid pesticides have on bee's and ecosystems

New Insta Templates for Impaakt 2021 03 17 T102030 856 png

10 Min read

GS financed fossil fuel industry with $83.7bn since 2016, the major sector causing rising sea levels.

Weekly Outstanding Impact Analysis 19th March

New Insta Templates for Impaakt 2021 02 09 T164032 843

9 Min read

In 2019, Williams released 41,403t of air pollutants, including 2,408t of hazardous pollutants.

Weekly Outstanding Impact Analysis 12th February

Hand growing plant sustainable

40 Min read

10 ways to be more sustainable in 2021

What is sustainability and how can we practice it in our everyday lives to make a difference?

Wow signify

10 Min read

With 82.5% of its revenue from sustainable products Signify is also helping cities get smarter.

Weekly Outstanding Impact Analysis 11th December

World Green Background Sustainability small

Let’s take action together

With the right investment companies having a positive impact on the planet are able to flourish. Our community forms part of that mission by measuring their impact.

Join Us