Lower-than-normal wind speeds and supply chain problems pile pressure on Ørsted and Vestas
Two of the world’s biggest wind energy companies have warned of difficult conditions as slower-than-usual winds and supply chain difficulties delay manufacturing.
Ørsted, a Danish company, said lower-than-normal wind speeds throughout the third quarter had affected its earnings. Across the first nine months of 2021 slow winds cost the company 2.5bn Danish kroner (£290m) compared with the previous year. Ørsted makes about two-thirds of its revenues from offshore wind including off the UK’s coasts.
