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How DONG Energy Turned Black Into Green
January 16, 2017
How DONG Energy Turned Black Into Green
January 16, 2017
by Sustainable Brands
Danish energy company DONG Energy now ranks number 11 on the Carbon Clean 200 list – a ranking of 200 companies from around the world that are profiting from sustainable energy. The honour comes on the heels of a 10-year milestone, where ‘green’ energy now outpaces black in DONG’s heat and power portfolio.
Back in 2006, DONG Energy was one of the most coal-intensive utilities in Europe, with only 15 percent of the company’s heat and power coming from renewables.
By 2015, more than half of the heat and power produced by Denmark’s largest energy company (55 percent) is now renewable.
DONG Energy’s momentum has not stopped there – several environmental initiatives are either being implemented now or are in the global pipeline. With three gigawatts of installed offshore wind capacity, the company is a leader in offshore wind farm construction. This capacity corresponds to roughly one quarter of the world’s offshore wind capacity. And with the offshore industry booming, dozens of offshore wind farms are planned for construction in both the US and Northern Europe.
Leading the black-to-green transition
Over the past decade, DONG Energy has also closed down coal-fired power plants and replaced coal and gas with sustainable biomass at other plants. In total, the company has reduced its coal consumption by nearly 75 percent. Going forward, the management expects that more than 80 percent of the company’s investments will be sustainable.
Read more at Sustainable Brands.
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