Energy Explained
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U.S. State Actions to Help Fossil Fuel Communities Navigate the Energy Transition
The world has committed to transitioning away from fossil fuels to avoid the most severe threats of climate change.[1] Communities across the United States rely on fossil fuel...
Podcasts
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
Inside the 2024 World Energy Outlook
Rising electricity demand. Heightened geopolitical tension. Fragility in energy markets. These are some of the big stories shaping the energy transition outlined in the International Energy Agency’s newest...
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November 21, 2024
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Careers in Sustainable Startups
Gender disparities in entrepreneurship are stark. Only one in every three businesses is owned by a woman.
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• Pillsbury Winthrop Shaw Pittman
The offshore wind energy industry is on the cusp of breaking out in the U.S., with the government anticipating 2,000 turbines with 22 gigawatts of capacity in federal waters in the Atlantic Ocean over 10 years.
In this episode of Columbia Energy Exchange, host Bill Loveless is joined by Thomas Brostrøm, whose company is a leader in the industry around the world. Thomas is the president of Ørsted North America and CEO for Ørsted U.S. Offshore Wind. He joined Bill from Boston to talk about plans that Ørsted Energy has to build wind farms in waters up and down the U.S. East Coast.
All told, Ørsted has 10 offshore wind farms in the U.S., including ones in Rhode Island and Virginia that are the first to operate in this country.
Throughout the world, Ørsted has built more offshore wind farms than any other developer. By 2022, it expects to expand its offshore wind capacity to nearly 10 gigawatts, with projects in the U.S., Europe and Asia.
This from a business once known as Danish Oil and Gas Company. Thomas and Bill talk about the transition that Ørsted has undergone in recent years and whether it serves as a model for other fossil fuel companies looking to move into greener forms of energy.
They also look at the policy and economic factors promoting investments in U.S. offshore wind by Ørsted and other companies, the economic development that could accompany the industry’s emergence here, and the challenges it faces in moving ahead.
Prior to joining Ørsted, Thomas was in the investment banking and venture capital business.
More Episodes
Inside the 2024 World Energy Outlook
Rising electricity demand. Heightened geopolitical tension. Fragility in energy markets. These are some of the big stories shaping the energy transition outlined in the International Energy Agency’s newest...
Where Climate and Trade Policy Meet
In passing and signing the Inflation Reduction Act in 2022, Congress and the Biden administration infused hundreds of billions of dollars into the energy transition. It was the...
Re-Run: ‘The Untold History of Climate Science and Politics’
In 1953, the New York Yankees beat the Brooklyn Dodgers in the World Series, “From Here to Eternity” won the Academy Award for Best Motion Picture. And on...
How to Make the Energy Transition More Equitable
Emerging markets and developing economies are set to account for the largest source of emissions growth in the coming decades, according to the International Energy Agency. As population...
Relevant
Publications
With or Without Tax Credits, a US-Indonesia Critical Minerals Agreement Could Raise Environmental Standards and Diversify Supply
This commentary addresses the importance of Indonesian nickel supply to US climate goals, and why a US-Indonesia critical minerals agreement could be beneficial for both countries.
Commentary
by Tom Moerenhout • November 21, 2024
Financing the Responsible Mining of Critical Minerals Using Thematic Bonds: Roundtable Summary
The mining sector continues to face headwinds in attracting the necessary investments to meet the growing demand for critical minerals in clean energy technologies.
The Key to a Successful Trump Energy Agenda Is Electricity
Rather than drill, baby, drill, it should be build, baby, build.
The Key to a Successful Trump Energy Agenda Is Electricity
Rather than drill, baby, drill, it should be build, baby, build.
