Ørsted

Offshore wind developer, Hornsea, Denmark

DKpublicest. 2006orsted.com (opens orsted.com)Checked 11 Oct

The brief

Analyst view
  • World's largest offshore wind developer by number of built farms.
  • H1 2026: 11.2 TWh renewable output, 23% up YoY.
  • Hornsea 3 (2.9 GW) completes end of 2027.

Technical approach

As reported
Offshore location

Stronger, steadier offshore winds

Offshore winds are stronger and more consistent; farms use 10-15 MW turbines, larger than onshore.

Farm scale

Size spreads fixed costs

Hornsea 3's 2.9 GW spreads infrastructure costs. Global operations build reusable expertise.

Grid connection

Dense demand centers

European farms feed industrial and urban areas, minimizing transmission losses.

Portfolio balance

Mixed renewable assets

Onshore wind, solar, thermal balance seasonal variability without relying on offshore alone.

Primer