The Danish government has unveiled a reform proposal to ensure the country's independence from Russian fossil fuels. Denmark will seek to temporally increase the extraction of natural gas in the North Sea on already licensed fields, including at the 60,000 boe/d Tyra field in the North Sea (producing around 40 kboe/d of gas), which was closed for redevelopment work in 2019 and is expected to restart in 2023. In the longer term, Denmark would phase out gas, by rolling out district heating and installation of green heat pumps and by implementing a green tax reform to accelerate phasing out gas in the industry. The plan sets a 100% target for green gas in heating by 2030.
In addition, Denmark plans to quadruple green power production by 2030. Specifically, the government intends to offer an additional 1-4 GW of offshore wind for deployment by the end of 2030 and to develop a 2 GW energy hub on the island of Bornholm in the Baltic Sea. The country is expected to become a net exporter of green energy by 2030.
The North Sea holds potential for 35 GW of offshore wind.
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