Orsted ‘remains committed’ to Irish offshore wind market despite colossal cost cutting programme

The Danish energy company said it will continue to progress its joint venture partnership with ESB to develop up to 5 gigawatts of offshore wind here

Pictured at the Orsted head office in Ireland are Duncan Clark, SVP and Head of Region UK & Ireland at Orsted; Simon Coveney TD, Minister for Enterprise, Trade and Employment of Ireland, Taoiseach Leo Varadkar; and TJ Hunter, Senior Director of Onshore Development & Operations in Ireland & UK for Orsted.

Orsted, the embattled renewable energy giant, has said it remains committed to the Irish market and its partnership with ESB to develop offshore wind projects despite announcing a major cost cutting programme this week.

In a statement to the Business Post, Orsted said it had completed an extensive review of its global portfolio, which will see it exit some emerging offshore wind markets and cut up to 800 jobs across the business. However, the Danish ...