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20 June 2018

Geothermal energy

A.P. Moller Holding brings geothermal energy into play – it has potential to cover 30% of Denmark’s district heating supply

“We believe that geothermal energy can be as important for the green transition of our heating supply as wind has been for electricity! For the consumers, this means renewable heating in their radiators – similar to the renewable electricity in their power sockets. For our society, this means bringing a large renewable energy source into play and thereby supporting the phasing out of coal and gas. Geothermal energy can supply our houses with heating from the subsurface 365 days a year regardless of whether the sun is shining or the wind is blowing.”
Samir Abboud who is in charge of the geothermal energy project in i A.P. Moller Holding
“Geothermal energy is a naturally occurring energy source and can play a key role in Denmark’s green transition. There is of course no guarantee that we will succeed, however the potential is too great to not be pursued.”
Samir Abboud continues

News from the A.P. Moller Group

Svitzer joins the A.P. Moller Group

We are happy to welcome Svitzer as a stand-alone company to the A.P. Moller Group.

Letter from the CEO

In connection with the publication of A.P. Moller Holding’s Annual Report 2023, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.

Annual Report 2023

A.P. Moller Holding enjoyed strong cash inflow and experienced an increase in net asset value in 2023 despite headwinds in global trade