The transition to renewable energy is made possible by our knowledge from oil and gas.
Equinor is prioritising profitable growth in renewable energy, both onshore and offshore. The goal is to meet the growing demand for electricity and build a power business that complements our oil and gas portfolio.
We entered offshore wind early, using our oil and gas expertise as a foundation. Today, we have a significant offshore wind portfolio in operation and several projects under development. We are also expanding in onshore renewable energy and already produce electricity from both solar and wind.
Renewable energy production can vary greatly from day to day, depending on sun and wind. We address this challenge with battery storage capacity and flexible power production from natural gas. This way, we can increase both the reliability of energy supply and the value creation from renewable energy sources.
