DONG Energy has a goal of net zero generation by 2025 and no carbon emissions by 2040.
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17 Facts About DONG Energy
1.
2.
DONG Energy was founded in 1972 to manage gas and oil resources in the Danish sector of the North Sea.
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3.
At the beginning of the decade of the 2000s, DONG Energy started to expand itself into the electricity market by taking long positions in electricity companies.
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4.
In 2005, DONG Energy acquired and merged Danish electrical power producers Elsam and Energi E2 and public utility companies NESA, Københavns Energi and Frederiksberg Forsyning.
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6.
The deal included that DONG Energy delivers 600 million cubic meters per year from the Ormen Lange gas field to Gazprom in United Kingdom.
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7.
However, in 2014 DONG Energy withdrew its consumer activities from the Dutch market.
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8.
In 2010, DONG Energy divested Norwegian power companies Salten and Nordkraft.
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9.
In September 2013, DONG Energy sold a power cable accessing the London Array wind farm to its partners, E ON and Masdar for around $728 million.
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10.
In 2014 DONG Energy divested its last onshore wind turbines, focusing on offshore wind power.
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11.
In 2015, DONG Energy had a deficit of 12 billion DKK, the largest of any Danish company ever.
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13.
In 2017, DONG Energy completed decommissioning the world's first offshore wind farm, Vindeby Offshore Wind Farm.
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14.
In 2016, DONG Energy agreed to sell its oil and gas pipelines to Energinet.
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15.
DONG Energy co-owned the Tyra West – F3 pipeline pipelines, which create a link from the North Sea Danish section to the Netherlands natural gas hub in Den Helder, the DEUDAN pipeline from Jutland to north of Hamburg in Germany, and the Langeled pipeline from Nyhamna terminal in Norway to Easington in the UK.
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16.
DONG Energy owned a share of the Norwegian gas pipeline system.
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17.
DONG Energy is developing Ocean Wind, an offshore wind farm on the Atlantic coast near Atlantic City, New Jersey.
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