Page 31 - European Energy Innovation - autumn 2018 publication
P. 31
Autumn 2018 European Energy Innovation 31
DENMARK ENERGY
system. Energy and climate research a target of net zero emissions by • A reserve of DKK400 million
gets a cash injection with the goal latest 2050 for both Denmark and in 2025 (€54 million) and then
of allocating DKK1 billion a year in the EU. DKK500 million (€67 million)
2024. At the same time, there will be annually will be allocated to
substantial lowering and restructuring • By 2030, three offshore wind further enhancing the use of
of energy taxes as well as a smarter farms will be established, without renewable energy after 2026.
use of waste heat. public subsidies except for the
transmission, with a total of at • Immediate lowering of electricity
THE AGREEMENT UNDERPINS least 2400 MW. It is expected that and electric heating taxes amounting
DENMARK’S POSITION AS ENERGY the wind farms due to technology to approximately DKK2 billion
AND CLIMATE LEADER developments will be significantly (€268 million) in 2025 (excl. VAT).
Danish Minister of Energy, Utilities cheaper to construct than wind
and Climate, Lars Christian Lilleholt is farms of the past. • A modernisation of the heating
very pleased with the final agreement. sector where both the district
• DKK4.2 billion (€564 million) is heating sector and consumers
"The government’s long-term goal is allocated to a tender process, have a free choice to decide future
for Denmark to become a net zero where different technologies investments, resulting in greener
emissions society by 2050 at the such as onshore wind and solar heating for both companies and
latest. This means that the amount can compete on delivering green consumers.
of greenhouse gas emitted will equal electricity at the lowest price.
the amount removed from the • Phasing out coal in the Danish
atmosphere. I am therefore pleased • More than DKK4 billion (€537 electricity production by 2030
and proud that all the parties in the million) is allocated to expand the
Danish parliament have united behind production of biogas and other • Energy and climate research will
this agreement which underpins green gasses. A share is allocated receive a cash injection with a target
Denmark’s position as an energy and for organic biogas. of DKK1 billion (€134 million) by 2024.
climate pioneer. It creates confidence
and secures consistency that this is • From 2021 to 2024, DKK500 million • DKK500 million (€67 million) is
the direction we are heading towards," (€67 million) annually will be allocated to green transportation
says Lars Christian Lilleholt. allocated to a market-based grant in 2020-2024 to enhance green
pool focused on energy savings mobility and transportation.
The new Danish energy agreement – primarily in business – DKK300
includes the following initiatives: million (€40 million) for industries • Working towards ambitious CO2
and DKK200 million (€27 million) standards for cars, vans and heavy
• A commitment to work towards for energy savings in buildings. duty vehicles. l
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