DONG to Ørsted: The Oil Giant That Turned Green

This is the incredible story of how a nationalised oil and gas company, from the tiny nation of Denmark, became a renewable electricity powerhouse in just seven years - a move which earned them the no. 7 spot on the Harvard Business Review's "Top 20 Business Transformations" from 2009 - 2019. We'll discuss how they did it, as they brought down the cost of wind power and completely revolutionised the industry. We'll also cover their plans for the future and ask ourselves why more oil and gas companies won't do the same.

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Credits:
Pexels, Pixabay, Adobe stock.
Music: "Away" and "Runnning Out" both by Patrick Patrikios, via YouTube Studio Audio Library, remixed by OurEden.

References
[1] https://orsted.com/en/about-us/about-...
[2] https://en.wikipedia.org/wiki/1972
[3] https://en.wikipedia.org/wiki/%C3%98r...)
[4] https://world-nuclear.org/information...
[5] https://en.wikipedia.org/wiki/Horns_Rev
[6] https://www.wwf.de/fileadmin/fm-wwf/P...
[7] https://en.wikipedia.org/wiki/Europea...
https://www.consilium.europa.eu/uedoc...
[8] https://en.wikipedia.org/wiki/2009_Un...
[9] https://orsted.com/-/media/WWW/Docs/C...
[10]    • Why offshore wind turbines? (Episode 1)  
[11] http://trinomics.eu/wp-content/upload...
[12] https://orsted.com/en/our-business/of...
[13] https://www.lazard.com/perspective/le...

00:00 Introduction
02:04 A leap of faith
03:01 Ørsted's solution
04:49 Misson complete
05:11 What next?
05:47 Final thoughts
07:18 Patreon
7:27 End card

#ClimateChange #WindPower #Orsted #Ørsted