|Policy status:||In Force|
|Policy Type:||Economic Instruments, Economic Instruments>Fiscal/financial incentives, Policy Support, Policy Support>Strategic planning, Regulatory Instruments, Research, Development and Deployment (RD&D)|
|Policy Target:||Energy Sector, Framework/ Multi-sectoral Policy, Industry, Transport, Buildings, Energy Sector>Electricity Generation, Energy Sector>Electricity Generation>Renewable, Energy Sector>Energy Efficiency / Demand Reduction|
The Agreement establishes a framework for the policy on climate and energy up to 2020 and outlines the direction Denmark will take until 2050.
According to the Agreement in 2020 half of the electricity consumption will come from wind power, enabling a share of 35% renewable energy in gross energy consumption in 2020. Moreover, the energy consumption is to decrease by more than 12 % in 2020 compared to 2006.
The initiatives in the Agreement will lead to CO2 emissions in 2020 being 34% lower than they were in 1990. At the same time, the Agreement is to ensure a stable framework for the business community as a whole, and the energy sector in particular.
Renewable energy in power generation
The Agreement secures substantial expansion of wind power, corresponding to the annual consumption of 1½ million households. Thus in 2020, wind power will account for approximately 50% of Danish electricity consumption. The Agreement implies that:
With the Agreement’s initiatives, in 2020 Denmark will have reduced its final energy consumption (excluding consumption for transport) by almost 8% compared to 2010. The Agreement contains the following elements:
Green heating measures:
Renewable energy in buildings
The Agreement supports the phasing-out of oil-fired boilers in existing buildings by:
Renewable energy in industry
Industry must also convert to a greener energy system. Therefore the Agreement lays down that:
- a subsidy should be given to help promote investment in energy efficient use of renewable energy in the production processes of enterprises. In the period 2014 to 2020, the subsidy will be increased to DKK 500 million a year from DKK 250 million in 2013:
- funding of DKK 30 million per year from 2013 to 2020 will be introduced to maintain and promote industrial CHP in industries and greenhouses.
Deployment of Smart Grids
Large electricity consumption in combination with wind power requires an intelligent energy system. Therefore the Agreement lays down that:
Electricity and biomass in transport
In the long term, the transport sector will face a radical conversion from fossil fuels to electricity and biofuels. The Agreement contains the following elements:
The Agreement lays down that:
Complete financing of all the new energy policy initiatives has been secured. The Agreement thus stipulates:
year effective: 2012 (March)
Last modified: Mon, 30 Oct 2017 12:36:22 CET