About

We believe that energy storage will play a pivotal role in creating a world that runs entirely on green energy. By installing energy balancing infrastructure (EBI), which manages the peaks and troughs in supply and demand, we can build in the much-needed operational flexibility required to deliver greener and more affordable electricity for consumers. This is done by storing and supplying energy from renewable sources whenever it is needed.

The National Policy Statement for Energy Technologies recognises that EBI such as utility-scale energy storage can effectively provide a time-shift between the production and use of the electricity. This means that more green energy can be used, irrespective of intermittent production. It can be used closer to the source of production and is able to respond to less predictable consumer needs. As we meet more of our energy needs through renewable energy generation in our attempts to tackle climate change, the demand for energy balancing services will continue to grow in the UK.

This means that more green energy can be stored, despite intermittent production, and can be utilised closer to source. The demand for these services will grow in the UK as we meet more of our needs through renewable energy generation as we address climate change and can support the complete transformation of power production from fossil fuels to renewables.

Our proposed EBI will contribute to addressing current and future challenges of the UK’s changing energy system, thereby ensuring that the grid remains stable and robust and can continue to provide affordable access to a wide scope of large-scale green energy production assets long into the future.

Find out more about our existing EBI operations in the UK here and in this video.

About Ørsted

Ørsted develops, constructs and operates off- and onshore wind farms, solar farms, energy storage facilities and bioenergy plants, and provides energy products to its customers. Ørsted ranks as the world’s most sustainable energy company in Corporate Knights’ 2021 index of the Global 100 most sustainable corporations in the world and is on the CDP Climate Change A List as a global leader on climate action.

Our aim is to develop and deploy market-leading green energy solutions that benefit the planet and our customers alike, thereby further driving down the cost of green energy. By deploying renewable energy resources at scale, we want to revolutionise the way we power people and reduce the negative effects of climate change, which are currently some of the biggest threats facing the world.

Find out more about Ørsted and its vision of a world that runs entirely on green energy here.

Commitment to sustainability

Ørsted is now only a few years away from net-zero energy generation and has embarked on the next phase in its decarbonisation journey, which is to address the carbon emissions beyond its own operations.

Ørsted has committed to reducing the emissions linked to its activities by 50% by 2032 and to achieving carbon neutrality across the company’s entire carbon footprint by 2040, ten years ahead of the global target for net-zero emissions as required by climate science to limit global warming to 1.5ºC.

Through our Responsible Business Partner Programme (RPP), we will collaborate with our EBI suppliers and joint venture partners to improve the social, environmental and ethical performance of our supply chain, and encourage a wider commitment to decarbonisation.