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<blockquote style="position: relative; padding-left: 55px;"><section><a href="tag:gnusocial.jp,2025-02-09:noticeId=8881904:objectType=note">simsa03 (simsa03@gnusocial.jp)'s status on Monday, 10-Feb-2025 00:48:38 JST</a><a href="https://gnusocial.jp/simsa03" title="simsa03@gnusocial.jp"><img src="https://gnusocial.jp/avatar/139179-48-20230625052421.webp" width="48" height="48" alt="simsa03" style="position: absolute; left: 0; top: 0;">simsa03</a></section><article>Kari Lundgren, "Equinor Cuts Renewables Target Just Months After Orsted Deal" <a href="https://financialpost.com/pmn/business-pmn/equinor-winds-back-renewable-energy-target-to-reduce-costs" title="https://financialpost.com/pmn/business-pmn/equinor-winds-back-renewable-energy-target-to-reduce-costs" rel="nofollow noreferrer">https://financialpost.com/pmn/business-pmn/equinor-winds-back-renewable-energy-target-to-reduce-costs</a><br>
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« Equinor on Wednesday increased its forecast for growth in oil and gas production, while reducing its 2030 target for renewables capacity to 10 to 12 gigawatts, from as much as 16 gigawatts previously. It will cut investment in low-carbon solutions and renewables to $5 billion up to 2027. [...]<br>
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Larger European competitor Shell kicked off earnings for the majors last week, writing off almost $1 billion after withdrawing from a US offshore wind farm. But it’s not just oil companies curbing their renewables growth. Orsted last year cut a 2030 target for green power project construction. And utility RWE AG said in November its plan to spend €55 billion ($57 billion) on green technologies by 2030 may face delays. »<br>
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#<span><a href="https://gnusocial.jp/tag/peakrenewables" rel="tag">peakrenewables</a></span></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4536481#notice-8881904">In conversation</a><time datetime="2025-02-10T00:48:38+09:00" title="Monday, 10-Feb-2025 00:48:38 JST">about a month ago</time> <span>from <span>web</span></span><a href="https://gnusocial.jp/notice/8881904">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: smartcdn.gprod.postmedia.digital</div><h5><a href="https://financialpost.com/pmn/business-pmn/equinor-winds-back-renewable-energy-target-to-reduce-costs">Equinor Cuts Renewables Target Just Months After Orsted Deal</a></h5><div></div></header><div>Equinor ASA reined in its renewable-energy ambitions, less than two months after snapping up a $2.3 billion stake in Danish wind giant Orsted A/S.</div><footer></footer></article></li></ol></footer></blockquote>

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simsa03 (simsa03@gnusocial.jp)'s status on Monday, 10-Feb-2025 00:48:38 JST simsa03
Kari Lundgren, "Equinor Cuts Renewables Target Just Months After Orsted Deal" https://financialpost.com/pmn/business-pmn/equinor-winds-back-renewable-energy-target-to-reduce-costs

« Equinor on Wednesday increased its forecast for growth in oil and gas production, while reducing its 2030 target for renewables capacity to 10 to 12 gigawatts, from as much as 16 gigawatts previously. It will cut investment in low-carbon solutions and renewables to $5 billion up to 2027. [...]

Larger European competitor Shell kicked off earnings for the majors last week, writing off almost $1 billion after withdrawing from a US offshore wind farm. But it’s not just oil companies curbing their renewables growth. Orsted last year cut a 2030 target for green power project construction. And utility RWE AG said in November its plan to spend €55 billion ($57 billion) on green technologies by 2030 may face delays. »

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  Equinor Cuts Renewables Target Just Months After Orsted Deal
  Equinor ASA reined in its renewable-energy ambitions, less than two months after snapping up a $2.3 billion stake in Danish wind giant Orsted A/S.

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