Denmark

IEEFA Research

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

February 15, 2018 Read More →

More News and Commentary

Danish coal consumption continues falling

CPH Post: Denmark has long championed the transition to more sustainable energy sources, and that is being reflected in a steep decline in coal consumption at a national level. New figures from the Energistyrelsen energy agency reveal that Danish coal consumption fell by 25.5 percent from 2016 to 2017, while the utilisation of sustainable sources […]

December 3, 2018 Read More →

Ørsted to invest $30 billion in wind power, green development through 2025

CNBC: Danish energy firm Ørsted has unveiled an “extensive investment program” that will see it invest around 200 billion Danish krone ($30.26 billion) in green energy between 2019 and 2025. Breaking the figures down, Ørsted said that investments in offshore wind farms were expected to make up 75 to 85 percent of the program, with […]

November 28, 2018 Read More →

IEEFA Latin America: Uruguay nears world-leading market share for variable renewables

Rivaling Denmark by tapping wind, solar and hydro for 43% of national electricity generation

LONDON—Uruguay is closing in on the world leader in wind and solar power by market share, Denmark, showing how the right grid conditions can help renewables sweep aside fossil fuel-fired electricity generation. We published a report less than a year ago noting that Uruguay was probably the world’s fastest growing variable renewables market, with wind […]

November 14, 2018 Read More →

Denmark sees more price reductions in wind power—onshore and off

Nordic Business Insider: To guide the country’s energy strategy the agency has developed a calculator to compare the average costs of various energy sources based on input data and estimates for different future scenarios. The calculator is sophisticated in that it factors in lifetime costs beyond those associated with construction and production – like the […]

July 17, 2018 Read More →

Denmark Eyes 2030 for Complete Coal Phaseout

Windpower Monthly: DENMARK—The government has announced plans in its new energy policy to require at least 50% of its energy needs to come from renewable sources by 2030. Danish wind capacity covered 43.4% of the country’s total electricity consumption in 2017. The Danish Ministry of Energy, Utilities and Climate also unveiled proposals to phase out […]

May 3, 2018 Read More →

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

February 15, 2018 Read More →

Danish Wind Power Meets 44 Percent Of Demand For All Of 2017

Numbers have just come out this week from the Danish energy organization [showing that] wind turbines delivered power equivalent to 43.6 percent of Denmark’s electricity consumption in 2017. This is a new milestone in the effort to transition the energy supply system in the country to be carbon neutral. 2017 ended in a stormy December…and […]

January 8, 2018 Read More →

Danish Oil and Natural Gas Is Getting Out of Oil and Natural Gas

Wall Street Journal: A company whose name stands for Danish Oil and Natural Gas is getting out of both businesses. Dong Energy Denmark’s majority state-owned energy company, is selling off its last oil and natural-gas fields in a deal expected to close by the end of September. The billion-dollar-plus sale is part of a broader […]

October 2, 2017 Read More →
IEEFA Europe: Technology Gains Help Drive a Rush From Capital Markets Into Offshore Wind

IEEFA Europe: Technology Gains Help Drive a Rush From Capital Markets Into Offshore Wind

U.K. Auction Confirms New, Lower Pricing Trends in World’s Biggest Markets

The U.K.’s latest auction of power purchase agreements for offshore-wind generation confirms an aggressive trend toward cost reductions across the industry and signals the arrival of a mature, bankable new segment of the energy sector. The lowest successful bids in  auction results announced on Monday, €63 (US$83) megawatt hour (MWh), were 50 percent less than […]

September 14, 2017 Read More →

Danish Renewable Energy Industry Poised to Flourish Sans Subsidies

Bloomberg News: After more than four decades of relying on subsidies, Denmark’s renewable energy industry is ready to survive on its own much sooner than anyone expected. The Danish energy minister, Lars Christian Lilleholt, says that “in just a few years,” renewable energy providers won’t need state support anymore. He says it’s a development he […]

April 25, 2017 Read More →