Tag Archives: energy industry

Ørsted Moves Forward with Denmark’s First Full-Scale Carbon Capture and Storage Project at Kalundborg CO2 Hub

(IN BRIEF) Ørsted has made a significant step towards the realization of Denmark’s first full-scale carbon capture and storage project, the Ørsted Kalundborg CO2 Hub, with the successful installation of key components at Avedøre and Asnæs Power Stations. This milestone … Read the full press release

AFRY Achieves Eighth Consecutive Bronze Award in Energy, Utilities & Environment Category

(IN BRIEF) AFRY has once again been awarded the Bronze recognition in the Energy, Utilities & Environment category by the Financial Times and Statista, marking its eighth consecutive year on the list. The ranking is based on extensive surveys of … Read the full press release

Ørsted Appoints Rasmus Errboe as CEO to Lead Through Renewable Energy Transformation

(IN BRIEF) Ørsted has announced Rasmus Errboe as its new Group President and CEO, effective February 1, 2025, following Mads Nipper’s decision to step down. The leadership change comes as Ørsted faces a rapidly evolving renewable energy market, particularly in … Read the full press release

Energy Industry Embraces AI, But Digital Divide Grows Among Companies, DNV Survey Reveals

(IN BRIEF) A DNV survey reveals that nearly half of senior energy professionals plan to integrate AI-driven applications into their operations within the next year. The survey also highlights a growing divide between “Digital Leaders,” who are excelling in digitalization … Read the full press release

E.ON to Invest €42 Billion in European Energy Transition, Surpasses 2023 Earnings Expectations

(IN BRIEF) E.ON, a major player in Europe’s energy sector, plans to increase its investments from €33 billion to €42 billion for 2024-2028, focusing on energy networks and infrastructure. The company exceeded earnings expectations in 2023, with adjusted Group EBITDA … Read the full press release

Fortum welcomes new Chief Financial Officer (CFO) Bernhard Günther

(PRESS RELEASE) ESPOO, 18-Dec-2020 — /EuropaWire/ — Fortum Corporation announces the appointment of Bernhard Günther (age 53, Ph.D. Econ.) as Chief Financial Officer (CFO) and member of the Executive Management Team as of 1 February 2021. Bernhard Günther, a German … Read the full press release