The European energy company developing a wind farm 10 miles off Atlantic City is exiting the fossil-fuels business and going all-in on sustainable energy.
The Atlantic City project is on track to open between 2020 and 2025, said Thomas Brostrom, president of North American operations for the recently renamed Orsted company.
The name change from DONG Energy becomes official next month. It is intended to honor Danish scientist Hans Christian Ørsted, who discovered electromagnetism 200 years ago, “a discovery that’s essential to the way we produce power today,” according to the company.
DONG/Orsted divested itself of its oil and gas production recently and plans to completely end all use of coal by 2023, said Brostrom. He said his company went from being the most polluting energy company in Europe to the cleanest in the world in about six years.