Ørsted and Williams join forces to explore clean energy opportunities in the USSource: EQS
Ørsted A/S (ORHE)
Ørsted and Williams (NYSE: WMB) have signed a memorandum of understanding (MOU) to explore potential jointly developed Power-to-X projects in the US. Through the MOU, the two companies are identifying ways to leverage Ørsted's renewables and hydrogen expertise with Williams' natural gas infrastructure and processing experience to co-develop hydrogen or synthetic natural gas facilities powered by renewable energy.
As part of this agreement, the parties are exploring a large-scale wind energy, electrolysis, and synthetic gas-via-methanation co-development in western
'We're excited to partner with Williams to deliver clean fuels in the US and transform our Onshore business into a potential growth platform for renewable hydrogen,' said
'Natural gas and our large-scale energy infrastructure network are ideal partners for facilitating the integration of renewables into the energy mix, while helping our customers move toward a low-carbon future,' said
Williams' energy infrastructure network, which handles 30 percent of the natural gas used for power generation, heating, and industrial use in the US, is adaptable to future renewable energy storage and transport. The company's nationwide footprint and best-in-class infrastructure expertise is well-positioned to advance the future of hydrogen, linking the lowest cost production sites for renewable hydrogen and other e-fuels to growing demand centres.
As a leading developer, builder, and owner-operator of renewable generation and the first developer to operate the full spectrum of new renewable technologies at utility scale in the US, Ørsted is uniquely positioned to provide the low-cost clean electricity that is essential to the production of renewable hydrogen and its derivatives.
The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks as the world's most sustainable energy company in
Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in
For further information, please contact:
Ørsted Media Relations
Ørsted Investor Relations
Williams Media Relations
Williams Investor Contacts
News Source: Ritzau
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