In 2017 Ørsted continued building out offshore wind and biomass generation, divested its oil and gas business, and decided to be coal-free by 2023.
Unresolvable The public record could not settle it.
Factual: Statements about the present or the past, checked against the record: did they hold up?
Said for an organisation they lead or work for; it counts on both records.
What would count as true or false
The claim has three parts for 2017: (1) continued build-out of offshore wind and biomass; (2) divestment of the oil and gas business, with the sale to INEOS agreed or completed in 2017; (3) a decision taken in 2017 to end coal use by 2023. True if all three hold. Mostly true if all hold with a minor detail off, for example the divestment agreed in 2017 but closed shortly after. Mixed if two of the three hold. Mostly false if only one holds. False if none holds.
Set before the research began.
Evidence (3)
-
E1 Hornsea Project Three Ørsted (UK) Ltd / Planning Inspectorate document library (reproduces Ørsted Annual report 2017) · 2018 Own record
“In 2017, we decided to phase out our use of coal by 2023, and we divested our oil and gas business.”
-
E2 Hornsea Project Three Ørsted (UK) Ltd / Planning Inspectorate document library (reproduces Ørsted Annual report 2017) · 2018 Own record
“We expect that more than 85% of our gross investments will be within offshore wind, and yield an average return on capital employed of 13-15% in the years up to and including 2023.”
-
E3 Hornsea Project Three Ørsted (UK) Ltd / Planning Inspectorate document library (reproduces Ørsted Annual report 2017) · 2018 Own record
“Inauguration of the biomass conversion of Skærbæk Power Station and start-up of the Asnæs Power Station conversion”
Reasoning
All three evidence items come from Ørsted's own 2017 annual report, which is essentially the source of the claim itself. E1 restates the coal phase-out decision and the oil and gas divestment, E2 describes investment plans, and E3 lists the Skærbæk and Asnæs biomass conversions among 2017 results. No independent source confirms any of the three parts, and none of the evidence mentions the INEOS sale or its timing, which the criteria require. The subject's own account alone does not settle the claim.
Cite this claim
Ørsted, “In 2017 Ørsted continued building out offshore wind and biomass generation, divested its oil and gas business, and decided to be coal-free by 2023.” (said February 2018). Verdict: unresolvable. Reliability API, claim c_ac195e7e2893, method 0.1.0+7831dd9d, dataset release v1.1.2. https://epistacklabs.com/claims/c_ac195e7e2893
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More factual claims by Ørsted
-
Mostly true
“The increase was primarily driven by earnings from the construction agreement for Hornsea 3.”
-
Resolved true
“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…”
-
Resolved true
“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.”
-
Resolved true
“At present, Ørsted operates 15.5 GW of renewable energy assets, while 4.9 GW are under construction across technologies.”
Ørsted currently operates 15.5 GW of renewable energy assets, with 4.9 GW under construction.
-
Resolved true
“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)”
Verdicts are made automatically; how verdicts are made.