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Why Data is Essential for the Big Oil Transformation: The Ørsted Story

Anmut

Formerly known as DONG (Danish Oil and Natural Gas) Energy, in 2008 Ørsted announced a new focus on renewables, targeting 85% clean-energy supply by 2040. Ørsted published a 37% year on year decline in EBITDA and held the record for Danish corporate net-debt at the time. So, what helped them achieve such rare transformational success?