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‘Classes realized’ | Orsted to derisk portfolio after struggles with ‘immature’ US suppliers



Suppliers within the US, and elsewhere, can anticipate Orsted to take a a lot more durable method to contingency planning because the world’s greatest offshore wind firm appears to use classes realized from the realized US offshore wind tasks in current months.

Presenting its new “value-focused” marketing strategy on Wednesday, Orsted CEO Mads Nipper additionally outlined a revised working mannequin inserting extra give attention to contingency planning, monitoring of suppliers, inflation safety with increased scrutiny of pre-FID commitments, higher flexibility on mission timelines and commissioning dates, and extra mission governance evaluations.

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