Dong Energy changing name to Ørsted to symbolise shift to green energy generation
PUBLISHED: 13:32 02 October 2017 | UPDATED: 13:32 02 October 2017
The energy company behind proposals for what could be the world’s largest wind farm off the Norfolk coast is changing its name to symbolise a move to renewable energy generation.
Dong Energy called a meeting with shareholders on Monday to approve a change of the company name to Ørsted.
Dong, which is consulting on plans for the Hornsea Project Three wind farm off the north Norfolk coast, said its name – originally short for Danish Oil and Natural Gas – was “no longer suitable”.
Thomas Thune Andersen, chairman of the board of directors, said: “With our profound strategic transformation and the divestment of our upstream oil and gas business, this is no longer who we are.
“Our vision is a world that runs entirely on green energy.”
Since 2006 Dong has reduced its carbon dioxide emissions by 52%. By 2023, it aims to have reduced them by 96% compared to 2006.
The company’s new name references Danish scientist Hans Christian Ørsted (1777-1851), who spearheaded scientific innovations including the discovery of electromagnetism in 1820.