4th
largest offshore wind capacity worldwide in 2019 (1.7 GW)
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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.
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Highlights
4th
largest offshore wind capacity worldwide in 2019 (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.
Production still exceeds the country's needs and the surplus is exported. Exports have been following the fall in gas production and fell by 13% in 2019 to 1.3 bcm. Gas exports are mainly directed to Sweden (59% in 2019), the Netherlands (24%), and Germany (17%).
Energy Prices
Gas:
After an 11%/year increase from 2016 to 2018, residential gas prices declined by 10% in 2019. The share of taxes is high (58% for households in 2019), but lower for industry (30%). Danish gas prices are higher than the EU average for households (+11%), but lower for industry (-3%).
Graph: GAS PRICES FOR INDUSTRY AND HOUSEHOLDS (€c/kWh GCV)
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.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Issues & Prospects
According to Denmark's Energy and Climate Outlook to 2030 (DEA, 2019), 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:
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