DOGEF News and Press, Orsted A/S From 12/07/21

COVID is still messing with offshore wind opportunities in terms of personnel movements and supply chain delays and cost increases. This means all operators in this space are confronting delays and cost increases leading to short-term challenges. In the longer term, things look more p...

Danish wind energy giant Ørsted has had a mixed quarter with lower wind speeds adversely impacting the company's results. The stock price has been impacted by this, having shed about 40% of its value since the start of 2021. The company is not cheap, but next to the headwinds...

Man-made climate change is real, and CO2 emissions are a big problem. In this article, I will explain the basics of it, using some high school-level science. Decarbonization has a plethora of challenges, and I will briefly discuss the main ones. The world is slowly wakin...

During the COP26, the UN Climate Change Conference, new agreements are being sought to keep our planet habitable. An influential Nature Energies publication concludes that climate policy does not detrimentally influence economic growth. As a result, investments in fossil fuel comp...

Ørsted A/S (DNNGY) Q3 2021 Earnings Conference Call November 3, 2021 9:00 AM ET Company Participants Mads Nipper - CEO Marianne Wiinholt - CFO Conference Call Participants Robert Pulleyn - Morgan Stanley Kristian Johansen - Danske Bank Sam Arie - UBS Alberto Gandolfi - Goldman Sachs Mark...

After an ineffectual G20 immediately prior to COP 26, there was pessimism about significant outcomes from COP 26. Day 1 produced signs that the emergency is acknowledged and some indications that real progress is being contemplated. Deal on deforestation endorsed by 100 country le...

Daniel Loeb's Third Point recently took a stake in Royal Dutch Shell and is pushing for a breakup of the company into a fossil fuel and a renewables company. Valuation of Shell has been lagging during the last couple of years, but it is questionable whether a breakup would erase the v...

Eversource Energy (NYSE:ES) and Ørsted (OTCPK:DNNGY), the companies building the Sunrise Wind farm off the Long Island coast, award an $86M contract to construction firm Riggs Distler to build infrastructure for the project. The proposed 122-turbine wind farm will need several hundred la...

FAN’s top holdings have all delivered negative returns YTD causing FAN to trade sideways since April, resulting in underperformance compared to the general market. COVID-19 upstream pressure, logistics issues and lacking ability to transfer price increases downstream have resul...

Q2 reporting for Vestas Wind Systems was a pretty good result considering recent challenges with COVID. There are some supply issues and personnel mobility problems due to the COVID pandemic, but Vestas's operations in 85 countries remain robust, with a lot of action. Vestas's 15 ...