Orsted has paused plans to tap one of the world’s largest offshore wind farms – the UK's 1.3GW Hornsea 2 – for green hydrogen production.

The Danish group and partner Phillips 66 said they will withdraw funding bids from the Gigastack project led by hydrogen specialist ITM Power, which aimed to deploy a 100MW H2 electrolyser onshore powered by the wind farm to supply a refinery in northeast England.