Ørsted and Williams have signed a memorandum of understanding (MOU) to explore potential jointly developed Power-to-X projects in the US. Through the MOU, the two companies are identifying ways to leverage Ørsted's renewables and hydrogen expertise with Williams' natural gas infrastructure and processing experience to co-develop hydrogen or synthetic natural gas facilities powered by renewable energy. As part of this agreement, the parties are exploring a large-scale wind energy, electrolysis, and synthetic gas-via-methanation co-development in western Wyoming where Williams owns significant land area and natural gas infrastructure.

Williams' energy infrastructure network, which handles 30 % of the natural gas used for power generation, heating, and industrial use in the US, is adaptable to future renewable energy storage and transport. The company's nationwide footprint and best-in-class infrastructure expertise is well-positioned to advance the future of hydrogen, linking the lowest cost production sites for renewable hydrogen and other e-fuels to growing demand centres. As a leading developer, builder, and owner-operator of renewable generation and the first developer to operate the full spectrum of new renewable technologies at utility scale in the US, Ørsted is uniquely positioned to provide the low-cost clean electricity that is essential to the production of renewable hydrogen and its derivatives.