Danish govt unveils energy plan

The Danish government on Thursday launched an energy proposal setting out a roadmap for achieving at least 50% renewable energy by 2030.

The proposed initiatives include allocating a total of DKK 4.2 billion (USD 682m/EUR 563m) in the 2020-2024 period for the procurement of green power, where technologies such as onshore wind and solar compete against each other.

The plan, called "Energy for a green Denmark", also includes procurement of the country's largest offshore wind farm. The facility of up to 800 MW would be built in the period 2024-2027, with the contract to be awarded in 2021.

The government further proposed to allocate DKK 4 billion for the expansion of biogas and other green gases. The total cost of the initiatives in the blueprint, most of which are to be executed between 2020 and 2024, is about DKK 15 billion.

The energy proposal, published by the country's Ministry of Energy, Utilities and Climate, also calls for simplifying the subsidy system for renewable energy. The number of subsidies is to be reduced from 35 to 4-6 and the average level of direct support from about DKK 0.22 per kWh to about DKK 0.10 per kWh.

(DKK 1 = USD 0.162/EUR 0.134)

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