Ørsted and Williams join forces to explore clean energy opportunities in the United States
Northampton, MA –News Direct– Ørsted
As part of the agreement, the parties explore large-scale co-development of wind power, electrolysis and syngas via anaerobic digestion in western Wyoming, where Williams owns a significant land area and natural gas infrastructure.
“We are excited to partner with Williams to deliver clean fuels to the United States and transform our Onshore business into a potential growth platform for renewable hydrogen,” said Vishal Kapadia, Senior Vice President and Chief Commercial Officer Ørsted Onshore, continuing: Our expertise in the development and exploitation of renewable energies with access to large-scale gas transmission networks and infrastructure will further expand the scope of the energy solutions we can provide and position us well to continue to develop innovative approaches to drive the decarbonization of the energy system. “
“Natural gas and our large-scale energy infrastructure network are ideal partners in facilitating the integration of renewables into the energy mix, while helping our customers move towards a low-carbon future,” said Chad Zamarin, Senior Vice President of Corporate Strategic Development at Williams, continued: “It is through technological innovation and collaboration with forward-thinking companies such as Ørsted that we are able to leverage our assets and our expertise to develop solutions to advance the clean energy economy. “
Williams’ energy infrastructure network, which manages 30 percent of natural gas used for power generation, heating and industrial use in the United States, is adaptable for the future storage and transportation of renewable energy. The company’s national footprint and industry-leading infrastructure expertise are well positioned to advance the future of hydrogen, connecting the cheapest production sites for renewable hydrogen and other fuels. power to centers of increasing demand.
As a leading developer, builder and owner-operator of renewable energy generation and the first developer to harness the full range of new renewable technologies at utility scale in the United States, Ørsted is uniquely positioned to provide the clean, low-cost electricity that is essential for the production of renewable hydrogen and its derivatives.
Ørsted’s vision is a world that runs entirely on green energy. Ørsted develops, builds and operates offshore and onshore wind farms, solar farms, energy storage facilities and bioenergy plants, and supplies energy products to its customers. Ørsted ranks as the world’s most sustainable energy company in the 2021 Corporate Knights Index of the World’s 100 Most Sustainable Companies and is recognized on the CDP’s A List on Climate Change as a global leader in climate action. Based in Denmark, Ørsted employs 6,472 people. Ørsted shares are listed on Nasdaq Copenhagen (Orsted). In 2020, the group’s turnover amounted to 52.6 billion Danish kroner (7.1 billion euros). Visit orsted.com or follow us on Facebook, LinkedIn, Instagram and Twitter.
Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably power the clean energy economy. Based in Tulsa, Oklahoma, Williams is a premier, investment-grade C-Corp, operating throughout the natural gas value chain including gathering, processing, interstate transportation and the storage of natural gas and natural gas liquids. With leading positions in major US supply basins, Williams connects the best supplies with growing demand for clean energy. Williams owns and operates more than 30,000 miles of network-wide pipelines – including Transco, the country’s largest and fastest growing pipeline – and manages approximately 30 percent of natural gas in the United States which is used every day for clean energy production, heating and industrial use.
For more information, please contact:
Ørsted Media relationsKathrine Ejlskov + 45 99 55 10 [email protected]
Ørsted Investor Relations Allan Bødskov Andersen + 45 99 55 79 [email protected]
Williams Media [email protected]+ 1 (800) 945-8723
Contacts with Williams investors Danilo Juvane + 1 (918) 573-5075 Grace Scott + 1 (918) 573-1092
See additional multimedia and more ESG stories from Ørsted at 3blmedia.com
See the source version on newsdirect.com: https://newsdirect.com/news/orsted-and-williams-join-forces-to-explore-clean-energy-opportunities-in-the-us-691135296