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Orsted CEO explains Hornsea 4 halt: 'value simply wasn't there'

Decision to hit pause on Hornsea 4 down to four key elements, said Orsted chief, who said there are no plans to rebid offshore wind project in next two UK renewable energy auctions

Rasmus Errboe was named Orsted CEO in January with a goal to get the troubled Danish developer back on a firmer financial footing.
Rasmus Errboe was named Orsted CEO in January with a goal to get the troubled Danish developer back on a firmer financial footing.Photo: WindEurope/GREGORY DE LEEUW
Journalist
Published 7 May 2025, 10:14Updated 7 May 2025, 10:14
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