Page 30 - European Energy Innovation - autumn 2018 publication

30 Autumn 2018 European Energy Innovation

DENMARK ENERGY

New Danish Energy Agreement
boosts renewable energy

By Lars Christian Lilleholt (pictured), Danish Minister of Energy, Utilities and Climate

Denmark has set itself on a path towards 55% renewable energy in 2030 and net zero emissions
by 2050 at the latest in a new Energy Agreement adopted with support of all parties in the
Danish Parliament.

The new Danish energy up to 55% of the Danish energy energy. Given the uncertain nature of
agreement contains a wide consumption with renewable energy technology and price developments
range of ambitious green by 2030. To achieve this while keeping between now and 2030, Denmark will
initiatives and lowering of electricity bills down, Denmark will assess its efforts on a regular basis
electricity taxes. It will help Danish introduce more competition to the to ensure that the renewable energy
consumers replace fossil energy renewable energy sector and build goal for 2030 is reached at the lowest
with green electricity. Companies large offshore wind farms which are possible cost.
and consumers will receive greener to set a blueprint for offshore wind
heating through a modernisation of energy without public subsidies. With this energy agreement, three
the heating sector. Denmark will overhaul taxes on new offshore wind farms will be
energy that will deliver a green established by 2030. The first wind
The new energy agreement sets a transition of the energy sector at a farm will consist of 800 MW. Once
clear direction for turning Denmark lower cost. completed, it will be the largest
into a net zero emissions society by of its kind in Denmark. It will be
2050 at the latest – meaning that The majority of these initiatives are to constructed in the period 2024-2027.
there will be a balance between the be realised from 2020 to 2024. From Efforts to realise energy savings
amount of greenhouse gas emitted 2025 onwards, substantial additional will be largely focused on gaining
and removed from the atmosphere. funding will be allocated to a reserve greater value for money and thereby
The first step will be to supply for further deployment of renewable addressing criticism of the existing

Danish power is greener than ever before
Average CO2 emissions by electricity consumption
g/kWh

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33

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