Denmark’s Orsted sees thermal output drop sharply due to warmer weather

Published 14:26 on May 1, 2019  /  Last updated at 14:26 on May 1, 2019  /  EMEA, EU ETS  /  No Comments

Danish utility Orsted reported a 31% drop in its bioenergy and EU ETS-regulated thermal power and heat output in Q1 2019 as demand slumped due to warmer weather combined with the company’s gradual move away from fossil fuels.

Danish utility Orsted reported a 31% drop in its bioenergy and EU ETS-regulated thermal power and heat output in Q1 2019 as demand slumped due to warmer weather combined with the company’s gradual move away from fossil fuels.

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