4th
largest offshore wind capacity worldwide in 2020 (1.7 GW)
≡ Menu ≡
This analysis includes a comprehensive Denmark energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2019 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
Immediate by e-mail
Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.
Highlights
4th
largest offshore wind capacity worldwide in 2020 (1.7 GW)
80%
share of renewables in power mix (2019)
100%
renewables in power consumption in 2030
Abstract
Institutions & Energy Policy
DEA, the Danish Energy Agency (Energistyrelsen, ENS in Danish), under the supervision of the Ministry for Climate, Energy, and Utilities, is in charge of energy policy and planning in as far as the supply, production, consumption and efficiency of energy are concerned.
Energy Companies
Electricity:
The Danish Energy Association (Dansk Energi) groups together electricity companies.
Energy Supply
Gas:
After a peak in 2005 at 10.5 bcm, gas production declined on average by 6.5%/year since then to 3.1 bcm in 2019. It is estimated to have dropped by 50% in 2020.
Energy Prices
Electricity:
Because of high taxes (61% of final price in 2020), the residential electricity price is the highest in Europe at €27c/kWh. However, residential prices have been decreasing: -6% in 2019 and -7% in 2020. They are now 36% above the EU average, compared to 60% in 2010.
Energy Consumption
Denmark's consumption per capita is slightly lower than the EU average at 2.9 toe/cap and around 5 500 kWh/cap of electricity in 2019.
Total energy consumption, which increased by 1.5%/year from 2016 to 2018, declined by 0.4% in 2019. According to the Danish Energy Agency, gross energy consumption fell by 8.5% in 2020.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Issues & Prospects
According to its NECP, final energy consumption is expected to increase by 0.4%/year, while total energy consumption will remain stable. Consumption of coal is expected to be reduced by 90% in 2030, compared with 2017, while the share of renewables should be 54%.
Below is a list of the Denmark energy market report graphs:
In the Denmark energy market report you will find the following tables:
The Denmark energy market data since 1990 and up to 2019 is included in the Excel file accompanying the Denmark country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The Denmark country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
Projections Data (Excel Sheet)
The Denmark country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
Secured payment by