The report “From Dong to Orsted: A Leading Utility’s Green Energy Transition – What Indian Firms Can Learn from Such a Transition” by The Institute for Energy Economics and Financial Analysis (IEEFA) charts the transition journey of Orsted. This Danish state-owned utility transitioned from being one of the most coal-intensive utilities in Europe to a global leader in offshore wind energy. The report further analyses examples of Indian utilities moving towards the path of green energy transition and renewable energy companies aiming to scale up rapidly, and what they can learn from Orsted’s journey.
Going forward, the ability of Indian companies to walk the talk and undertake a profitable transition or growth journey will be paramount to attract capital and grow shareholder wealth. Orsted, which has already championed the green energy transition journey, provides valuable lessons for Indian companies, which may face several of the same challenges and opportunities as Orsted.
Download the report here