ANNUAL REPORT 2011 - DONG Energy

More reliable and clean energy
Modern society is using more and more energy. At the
same time, we want to slow down the impact on the environment
to which traditional energy production contributes.
This is the dual challenge that we are facing.
DONG Energy sees it as its task to work concertedly on
both fronts. On a sound business basis, of course.
We are producing more energy by increasing our production
of oil and gas, which will remain necessary sources
of energy for many years to come. At the same time, DONG
Energy is a world leader in wind energy, and we are currently
bringing row after row of new offshore wind turbines
on stream.
At the same time, we are planning to convert our Danish
power stations to more green generation. Consumption of
coal is being reduced markedly while consumption of various
forms of biofuel will be increased. Pollution with CO2 and other harmful substances is being reduced, and we are
thus producing the necessary energy more responsibly.
The aim is to deliver reliable and clean energy that meets
the requirements of modern society. The ability to achieve
satisfactory financial results at the same time is reflected
in DONG Energy’s financial statements. We are thus well
on the way towards our business target to double operating
income in 2015 compared with 2009.
In the context of the global challenge, DONG Energy’s
initiatives may seem modest. But every effort counts.
And our rapid transition is equipping us well for the future
while also demonstrating that it is possible to deliver more
energy and more green energy on a sound commercial
basis.
9 March 2012
fritz H. schur anders Eldrup
Chairman of the Board of Directors CEO
DONG ENERGY DONG ENERGY GROUP ANNUAL REPORT 2011 – manaGEmEnt’s rEviEw 1