Q2 2021 Financial Highlights and Offshore Wind Build-Out Plan
Renewable capacity as of 30 June 2021
Indicator, MW
FY 2020
Installed renewable capacity
The installed renewable capacity is calculated as the
cumulative renewable gross capacity installed by
Ørsted before divestments.
For installed renewable thermal capacity, we use
the heat capacity, as heat is the primary outcome of
thermal energy generation, and as bioconversions of
the combined heat and power plants are driven by
heat contracts.
Decided (FID) renewable capacity
Decided (FID) capacity is the renewable capacity for
which a final investment decision (FID) has been made.
Awarded and contracted renewable capacity
The awarded renewable capacity is based on the
capacities which have been awarded to Ørsted in
auctions and tenders. The contracted capacity is the
capacity for which Ørsted has signed a contract or
power purchase agreement (PPA) concerning a new
renewable energy plant. Typically, offshore wind farms
are awarded, whereas onshore wind farms are
contracted. We include the full capacity if more than
50% of PPAs/offtake are secured.
Installed storage capacity
The battery storage capacity is included after
commercial operation date (COD) has been achieved.
The capacity is presented as megawatts of alternating
current (MW ac).
Installed renewable capacity
Offshore wind power
Onshore wind power
Solar PV power
Other (incl. PtX)
- Biomass, thermal heat
- Biogas, power
- Battery storage
H1 2021
H 2020
Δ
12,084
10,460
1,624
11,318
7,551
6,820
731
7,572
1,985
1,555
430
1,658
430
10
420
10
2,118
2,075
43
2,054
2,054
2,078
2,054
3
3
3
61
21
40
21
Decided (FID) renewable capacity
4,426
3,601
825
Offshore wind power
2,220
3,038
(818)
Onshore wind power
1,297
103
1,194
4,068
2,286
665
Solar PV power
907
420
487
1,077
Battery storage
40
(40)
40
Hydrogen
2
Awarded/contracted renewable capacity (no FID yet)
8,687
4,996
3,691
4,996
Offshore wind power
8,687
4,996
3,691
4,996
Sum of installed and FID capacity
16,510
14,061
2,449
15,386
Sum of installed, FID, and awarded/contracted capacity
25,197
19,057
6,140
20,382
Note: In Q2 2021, we aligned our definition of installed capacity, hence all assets (installed or FID'ed) are reported using nameplate capacity.
Previously a few wind farms were reported using 'power optimised capacity' or 'export cable limit capacity'.
15
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