ClaimsØrsted

“At present, Ørsted operates 15.5 GW of renewable energy assets, while 4.9 GW are under construction across technologies.”

Ørsted, company announcement 7 June 2023 Capital Markets Day: Ørsted confirms its ambition of ~50 GW renewable capacity by 2030 (Investegate (Ørsted)) archived copy

Factual Their own work or organisation

Ørsted currently operates 15.5 GW of renewable energy assets, with 4.9 GW under construction.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

True if Ørsted's reported figures around June 2023 show about 15.5 GW of operating renewable capacity and about 4.9 GW under construction, each within ±0.1 GW. Mostly true if one or both figures are off by up to roughly 5%. Mixed if one figure matches and the other deviates materially (more than 10%). Mostly false or false if both deviate materially, with false for large discrepancies.

Set before the research began.

Evidence (2)

  1. E1 [PDF] Investor presentation Q1 2023 - Ørsted Ørsted · 3 May 2023 Own record

    “Renewable capacity as of 31 March 2023 Indicator, MW, gross Installed renewable capacity Offshore, wind power Onshore”

  2. E2 Ørsted issues blue bonds, vows to recycle solar panels, wind turbines Balkan Green Energy News · 9 June 2023

    “aiming to boost installed capacity to 50 GW from the current 15.5 GW, where most is planned for the offshore segment. There is 4.9 GW under construction now while Ørsted has been awarded projects for another 10.6 GW and has 114 GW in the pipeline, the report shows.”

Reasoning

Ørsted's Q1 2023 investor presentation [E1] reports 15,478 MW of installed renewable capacity as of 31 March 2023 and 4,903 MW of decided (FID) capacity, both within ±0.1 GW of the claimed 15.5 GW and 4.9 GW. A news report from June 2023 [E2] gives the same figures, describing the 4.9 GW as under construction, though it draws on the company's own report. The presentation labels the 4.9 GW as decided rather than strictly under construction, a minor difference that does not change the figures the criteria test.

Cite this claim

Ørsted, “Ørsted currently operates 15.5 GW of renewable energy assets, with 4.9 GW under construction.” (said 7 June 2023). Verdict: resolved true. Reliability API, claim c_70dfa14e42e8, method 0.1.0+7831dd9d, dataset release v1.1.2. https://epistacklabs.com/claims/c_70dfa14e42e8

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Ørsted, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More factual claims by Ørsted

  1. Mostly true Factual 13 August 2026
    “The increase was primarily driven by earnings from the construction agreement for Hornsea 3.”

    Ørsted's Q2 2026 offshore EBITDA increase (DKK 4.4 billion vs DKK 4.0 billion) was primarily driven by earnings from the Hornsea 3 construction agreement.

  2. Resolved true Factual 13 August 2026
    “EBITDA excluding new partnerships and cancellation fees in our offshore business amounted to DKK 11.9 billion in the first half of 2026, compared with DKK 10.3 billion last year, primarily driven by…”

    Ørsted's offshore EBITDA excluding new partnerships and cancellation fees was DKK 11.9 billion in H1 2026 versus DKK 10.3 billion in H1 2025, primarily driven by higher wind speeds and higher prices.

  3. Resolved true Factual 6 May 2026
    “Net profit for the period totalled DKK 2.6 billion. This was affected by non-cash tax effects and impairments due to the higher long-dated US interest rates.”

    Ørsted's net profit for Q1 2026 was DKK 2.6 billion, affected by non-cash tax effects and impairments due to higher long-dated US interest rates.

  4. Resolved true Factual 7 June 2023
    “was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi)”

    Ørsted was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative.

  5. Mixed Factual 2 June 2021
    “Being named the world’s most sustainable energy company for now three years in a row, it’s our aspiration to be a globally recognised sustainability leader”

    Ørsted has been named the world's most sustainable energy company three years in a row.

All of them

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