August 12, 2021
Renewables leader Orsted hit by low wind speeds
By admin | |
April, May and June had been the third-worst quarter for wind in the past 22 years in the North Sea, where Orsted has most of its wind farms. The lower wind speeds cost Orsted DKr1.4bn ($220m) in lost earnings. Low wind speeds have affected several European companies active in renewable energy including SSE in the UK and RWE in Germany.