USA

Orsted uses more fossil fuels as the energy crisis continues

Jens Auer | Moments | Getty Images

energy company Orsted As governments across Europe prepare for the winter amid the energy crisis, three fossil fuel facilities will continue or resume operations following an order from Danish authorities.

Orsted, whose biggest stakeholder is the Danish government, said in a statement last weekend that the order was made “to ensure the security of the Danish electricity supply.”

Orsted said the order applied to “Esbjerg Unit 3 and Studstrup Unit 4, which use coal as their primary fuel source, and Kyndby Peak Load Plant Unit 21, which uses oil as its fuel.” Stated.

The Esbjerg power station was scheduled to be decommissioned on March 31, 2023, but the other two units have already been decommissioned.

Read more about energy on CNBC Pro

Orsted CEO Mads Nipper said: “To ensure the security of our electricity supply, the Danish authorities today ordered that some of our oil- and coal-fired power plants continue and resume operations.

“Of course, we will follow the orders of the Danish authorities.

All units involved need maintenance to be operationally ready, and “highly specialized workers” also need to be trained to operate the site, Orsted said. rice field.

The company said it had been ordered to keep the three units operational until June 30, 2024. Wind power giant Orsted has set itself the goal of becoming carbon neutral by 2025.

This news will discourage those who oppose the continued use of fossil fuels. Coal has a huge impact on the environment, with Greenpeace describing it as “the dirtiest, most polluting method of energy production.”

Elsewhere, the U.S. Energy Information Administration lists various emissions from coal combustion, including carbon dioxide, sulfur dioxide, particulate matter, and nitrogen oxides.

“While we still believe that as a society we must phase out the use of gas, oil and coal as soon as possible, we are in the midst of the European energy crisis and of course Let’s do everything in our power to secure the power supply,” said Orsted’s Nipper.

Days before Orsted’s announcement, another big European energy company, Germany’s RWEsaid three of its lignite or lignite units “will temporarily return to [the] Strengthen security of supply in the electricity market and save gas in power generation. ”

Each unit has a capacity of 300 megawatts, according to RWE. “Their deployment is initially limited to June 30, 2023,” he added.

The news about RWE and Orsted comes at a time when Europe is desperate to boost its energy supply as the war in Ukraine continues. Russia was the largest supplier of both oil and natural gas to the EU last year. According to Eurostat.

The unilateral invasion of Ukraine resulted in a significant drop in natural gas flows to Europe after Western countries imposed sanctions on the Kremlin.

last week, Unexplained leak affected both Nord Stream 1 and 2 pipelinesthe major infrastructure built to bring natural gas from Russia to Europe via the Baltic Sea.

— CNBC’s Holly Ellyatt contributed to this report

https://www.cnbc.com/2022/10/04/orsted-to-use-more-fossil-fuels-as-energy-crisis-continues.html Orsted uses more fossil fuels as the energy crisis continues

Back to top button