Since we inaugurated the first offshore wind farm in 1991, we have established ourselves as the leading offshore wind company globally.
Offshore wind power has become an indispensable part of the green transition worldwide. The story begins in Denmark. There, offshore wind power has not only reduced carbon dioxide emissions, but also contributed to new jobs and growth throughout the country.
In a few decades, green energy from offshore wind turbines has gone from being an untested idea to today being a form of energy that is produced on a large scale.
The world's first offshore wind farm was built in 1991 in the shallow water outside Vindeby near Lolland. It consisted of eleven small wind turbines, which covered almost 2,200 households' energy consumption. The turbines installed today are significantly larger and more efficient. An individual turbine that is installed in our new wind farms today can produce more electricity than the whole of Vindeby could then. At that time, offshore wind power was a relatively expensive energy source, but costs have since fallen significantly.
The world's largest wind farm today is Hornsea 1, located 120 km east of the UK with a total capacity of 1,218 MW. The 174 wind turbines can cover the energy use of more than one million British households.
Offshore wind power can today be produced at prices that are competitive compared to coal, natural gas and nuclear power. Today, electricity from renewable energy is in most cases both the greenest and most economically sensible choice.
Offshore wind power has become cheaper in a short time. Innovation and efficiency have reduced costs by more than 60% in the last decade alone. Today, electricity is produced from offshore wind power at prices that are competitive compared to other types of power in northwestern Europe.