The Danish Energy Agency (DEA) has completed a study to investigate the country's offshore potential and has identified a suitable offshore wind area that could accomodate a minimum of 40 GW of offshore wind power capacity. It has designated new locations for the construction of about 12.4 GW of wind capacity, which corresponds to 12 to 15 wind projects, depending on the size, most of which would be built in the North Sea and some in the Baltic Sea.
Denmark expects renewable energies to make up 55% of the domestic energy supply by 2030 (+5% from the previous set target). Under the new energy agreement (2018), three offshore wind parks will be established with a total of 2,400 MW. The first 800 MW offshore wind site (Thor) was awarded in 2019. The two remaining areas will be tendered in 2021 and 2023, respectively, and the sites are expected to come online between 2024 and 2027. Denmark currently has several offshore wind projects either in construction or approved, namely 407 MW Horns Rev 3, 605 MW Kriegers Flak, 180 MW Vesterhav Syd and 170 MW Vesterhav Nord, all expected to be commissioned between mid-2019 and 2021. With the development of Thor and the two other 800 MW projects, the country is on its way to fully cover its electricity consumption and up to 50% of its energy needs with renewable energy by 2030 and completely phase out fossil fuels by 2050.