Denmark is confident in meeting its EU target in 2020, namely halving its coal consumption by 2020 and cutting greenhouse gas (GHG) emissions by 40% in 2020 compared to 1990. The country has already introduced measures that should reduce emissions by 37%, leading to a 2 MtCO2eq shortfall by this date. The country has an EU target to reduce GHG in the sectors not covered by quotas by 20% by 2020, compared with the 2005 level. According to projections by the Danish Energy Agency, the EU target will be exceeded over the 2013-2020 period, when the total exceeded compliance is expected to be 19 MtCO2eq. Denmark aims to reduce the share of the power and heating sector in overall emissions from 38% in 2012 to 29% in 2020, increasing the share of transport (from 22% to 26%). By 2020, the gross energy consumption is expected to decline by 4%, due to energy efficiency measures in the power generation and heating sector. Renewable power generation will continue to soar (+47% up to 2020), thanks to offshore wind parks, reducing the share of fossil fuels in the power consumption from 84% in 2000 to 29% in 2020. Coal consumption should fall by 57% and renewables (renewable power generation, biomass, biogas and biofuels) are expected to account for 38% of the primary consumption (from 26% in 2012) and for 30% of the final energy consumption by 2020.
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