Dec 04 | 2019
Focus on UK Offshore Wind Growth
Wind power developer Ørsted has reorganized its global operations to create “a more scalable organization” for future growth.
The move will see the Danish wind giant structure its business around four regional divisions - UK, Continental Europe, North America and Asia-Pacific.
“Each region will be responsible for market and project development as well as asset management, while construction and operation activities will be delivered from Ørsted’s global EPC and O&M organisation, in close collaboration with each region,” the firm said in a statement.
UK Driving Breakbulk Expansion
A key reason for the shakeup is an increased focus on the UK market, which has rapidly grown to become one of the leading offshore wind markets globally. This is due in part to projects such as Ørsted’s massive Hornsea 1 project, which is the largest offshore wind farm in the world.
“The evolution of Ørsted’s business strategy is a result of the increasing role of offshore wind in the UK, and as such the cross-business unit portfolio responsibility of the UK country chair role is no longer consistent with this new focus,” the firm stated.
The move is intended to shake up the firm’s operations and prepare it for the next decade of growth as offshore wind is forecast to flourish and turbine sizes are expected to grow ever larger, driving demand for specialized breakbulk handling.
Clark Appointed Head of Region
Duncan Clark will be appointed to the new role as head of region, UK and hold an end-to-end accountability for the offshore wind value chain in the UK, replacing current Chair Matthew Wright as of Feb. 1.
Duncan Clark moves from his current role as program director for Hornsea 1, and brings with him a wealth of experience in the offshore wind industry.
Based in Fredericia, Denmark, Ørsted is one of the largest wind developers in the world and has installed an estimated 25 percent of the installed offshore-wind capacity in the world, according to Nordea Bank.
The move will see the Danish wind giant structure its business around four regional divisions - UK, Continental Europe, North America and Asia-Pacific.
“Each region will be responsible for market and project development as well as asset management, while construction and operation activities will be delivered from Ørsted’s global EPC and O&M organisation, in close collaboration with each region,” the firm said in a statement.
UK Driving Breakbulk Expansion
A key reason for the shakeup is an increased focus on the UK market, which has rapidly grown to become one of the leading offshore wind markets globally. This is due in part to projects such as Ørsted’s massive Hornsea 1 project, which is the largest offshore wind farm in the world.
“The evolution of Ørsted’s business strategy is a result of the increasing role of offshore wind in the UK, and as such the cross-business unit portfolio responsibility of the UK country chair role is no longer consistent with this new focus,” the firm stated.
The move is intended to shake up the firm’s operations and prepare it for the next decade of growth as offshore wind is forecast to flourish and turbine sizes are expected to grow ever larger, driving demand for specialized breakbulk handling.
Clark Appointed Head of Region
Duncan Clark will be appointed to the new role as head of region, UK and hold an end-to-end accountability for the offshore wind value chain in the UK, replacing current Chair Matthew Wright as of Feb. 1.
Duncan Clark moves from his current role as program director for Hornsea 1, and brings with him a wealth of experience in the offshore wind industry.
Based in Fredericia, Denmark, Ørsted is one of the largest wind developers in the world and has installed an estimated 25 percent of the installed offshore-wind capacity in the world, according to Nordea Bank.
