Dong Energy chief executive hails ‘inflection point’ as he confirms plan to sell company’s oil and gas division

Wind turbines could soon supply most of the UK’s electricity, the boss of the country’s largest wind farm operator has said, as he confirmed plans to sell its oil and gas division.

Dong Energy said the sale would underpin its plan to become a “global leader in renewables”, 44 years after the company was set up to exploit Denmark’s North Sea oilfields.

Related: Smart energy technology ‘stymied by current policy’

Continue reading…