insight
insight
No country performs better than Denmark when it comes to balancing energy security, equity and sustainability. Denmark’s energy system ranks number one in the world with a triple-A energy score according to the new World Energy Trilemma Index published by the UN’s World Energy Council.
When
For three years in a row, Denmark has topped the World Energy Trilemma Index published by the World Energy Council. The index rewards Denmark for top energy security measured by effective management of the energy supply, the reliability of energy and the ability to meet current and future demands.
According to the index, energy security is among the main challenges in Europe, which makes Denmark stand out from the average European country. The Danish energy system performs exceptionally well with a 99.99% uptime and the Danes on average only live without electricity 20 minutes pr. year. This is a European record.
For decades, Denmark has aimed to create the world’s best energy system. Our high level of energy security is due to the extensive undergrounding of low and medium voltage power lines, which makes the Danish power grid robust for example during storms. Ambitious and sustainable energy policies matters a great deal, however, continued strengthening of interconnections to our neighbouring countries also play a significant role.
Assar Naeem Qureshi, Cleantech Team Leader
Invest in Denmark
Managing Director of Danish Energy Association, Lars Aagaard, is proud of the repeated international recognition, but emphasises the need to constantly adapt to current and future challenges.
We must not rest on our laurels. An extensive electrification and digitalisation of our society wait ahead. Our aim to have one million electric cars 12 years from now, increase our amount of heat pumps and even more sustainable energy, demands that we strengthen both our electricity grid and support flexibility for consumers.
Lars Aagaard, Managing Director
Danish Energy Association
The report commends Denmark for ambitious future energy plans, including the enhancement of the ‘Energy Agreement’ from 2012 and some of the initiatives leading up to 2020, such as the aim to source 55 percent of the total Danish energy needs from renewable sources by 2030.
In June this year, the Danish government signed an energy agreement with the unanimous support of all parties in the Danish parliament, strengthening Danish energy and climate goals leading up to 2030. The agreement includes initiatives such as immediate relaxation of electricity and electric heating taxes and the allocation of EUR 564 million to a tender process, where different technologies can compete on delivering green electricity at the lowest price.
Already, Denmark has highly competitive prices on electricity and with the gradual phase out of the Danish green energy tax (the PSO tax), the cost of energy will be reduced even further to around 5 euro cent per kWh or less in 2021 according to the large renewable energy company, Ørsted.
The World Energy Council’s Energy Trilemma Index ranks 125 countries according to their ability to provide sustainable energy on three dimensions: security, equity (accessibility and affordability) and environmental sustainability.
The ranking measures overall performance in achieving a sustainable mix of policies and the balanced score highlights how well a country manages the trade-offs of the trilemma with "A" being the best.
If you would like to learn more about doing business in Denmark, please contact one of our experts. We have specialised staff across the globe with industry insights and well-connected networks, ready to advise you on every aspect of investing in Denmark.
Title: Director
Area: Copenhagen
Email: [email protected]
Phone: +4533921195
Title: Deputy Director
Area: Copenhagen
Email: [email protected]
Phone: +4521836195
Title: Director for Europe
Area: Copenhagen
Email: [email protected]
Phone: +45 6197 9220
Title: Team Leader - Life Sciences & Food
Area: Copenhagen
Email: [email protected]
Phone: +45 3392 1350
Title: Team Leader - Cleantech
Area: Copenhagen
Email: [email protected]
Phone: +4533920836
Title: Team Leader, Tech
Area: Copenhagen
Email: [email protected]
Phone: +4533921736
Title: Team Leader - Analysis & Partnership
Area: Copenhagen
Email: [email protected]
Phone: +4533921093
Title: Special Advisor - Life Sciences
Area: Copenhagen
Email: [email protected]
Phone: +4521247056
Title: Special Advisor – Maritime and transport – Analysis & Partnerships
Area: Copenhagen
Email: [email protected]
Phone: +4533920423
Title: Special Advisor - Cleantech
Area: Copenhagen
Email: [email protected]
Phone: +4533920810
Title: Special Advisor - Quantum Tech & Venture Capital
Area: Copenhagen
Email: [email protected]
Phone: +45 2938 9943
Title: Special Advisor – Dual-use tech
Area: Copenhagen
Email: [email protected]
Phone: +45 2133 8147
Title: Special Advisor - Analysis & Partnerships
Area: Copenhagen
Email: [email protected]
Phone: +4533921639
Title: Digital Marketing Specialist
Area: Copenhagen
Email: [email protected]
Title: Special Advisor - Quantum Tech
Area: Copenhagen
Email: [email protected]
Phone: +4533920783
Title: Special Advisor - Life Sciences & Biosolutions
Area: Copenhagen
Email: [email protected]
Phone: +45 40 25 69 08
Title: Project Assistant – Analysis & Partnerships
Area: Copenhagen
Email: [email protected]
Phone: +4533920535
Title: Project Assistant - Tech
Email: [email protected]
Phone: +4533921916
Title: Life Science Production Coordinator
Area: Berlin
Email: [email protected]
Phone: +49 3050502140
Title: Special Advisor - Logistics, Distribution & Production
Area: Kolding
Email: [email protected]
Phone: +45 5144 8613
Title: Special Advisor - Cleantech
Area: Silkeborg
Email: [email protected]
Phone: +45 2170 5851
Title: Special Advisor - Food
Area: Aarhus
Email: [email protected]
Phone: +45 2383 4608
Title: Special Advisor - Tech
Area: Aarhus
Email: [email protected]
Phone: +45 2051 7594
Title: Special Advisor - Life Sciences
Area: Aarhus
Email: [email protected]
Phone: +45 2856 8540
Title: Special Advisor – Cleantech & ICT
Area: Aalborg
Email: [email protected]
Phone: +45 6010 6101
Title: Special Advisor - ICT & Cleantech
Area: Aalborg
Email: [email protected]
Phone: +45 4115 3125
Title: Investment Manager
Area: Oslo
Email: [email protected]
Phone: +47 9132 2010
Title: Investment manager – Tech & Quantum
Area: London
Email: [email protected]
Phone: +44 (0) 78 1083 7296
Title: Senior Investment Manager - Cleantech & Life Sciences
Area: London
Email: [email protected]
Phone: +44 (0) 20 7333 0218
Title: Investment Manager – Life Sciences & Food
Area: London
Email: [email protected]
Phone: +44 7511 877225
Title: Investment Manager – Life Sciences & Food
Area: Paris
Email: [email protected]
Phone: +33 (0) 6 72 32 40 82
Title: Investment Manager - Cleantech
Area: Paris
Email: [email protected]
Phone: +33632637658
Title: Investment Manager - Tech
Area: Munich
Email: [email protected]
Phone: +498954585425
Title: Investment Manager – Tech
Area: New York
Email: [email protected]
Phone: +1 (929) 726-9167
Title: Investment manager - Cleantech
Area: New York
Email: [email protected]
Title: Investment Manager - Life Sciences
Area: New York
Email: [email protected]
Phone: +1 (212) 7054946
Title: Director for North America
Area: New York
Email: [email protected]
Phone: +1 (212) 705 4972
Title: Deputy Director, North America & Senior Investment Manager - Life Sciences & Location Denmark
Area: New York
Email: [email protected]
Phone: +1 (917) 497 1300
Title: Investment Manager - Food & Location Denmark
Area: New York
Email: [email protected]
Phone: +1 (212) 705 4928
Title: Life Science Production Coordinator – Life Sciences
Area: New York
Email: [email protected]
Phone: +1 (212) 705-4974
Title: Investment Manager – CleanTech, Life Science & Food
Area: Canada
Email: [email protected]
Phone: +1 647 295 5704
Title: Investment Manager - Tech
Area: Toronto
Email: [email protected]
Phone: +1 (416) 565-0248
Title: Investment Manager - Life Science & Digital Health
Area: Silicon Valley
Email: [email protected]
Phone: +1 (650) 272-9510
Title: Investment Manager - Cleantech
Area: Silicon Valley
Email: [email protected]
Title: Investment Manager - Quantum Technology
Area: Tokyo
Email: [email protected]
Phone: +818040006915
Title: Investment Manager – Life Science & Food
Area: Tokyo
Email: [email protected]
Phone: +81 3 3496 3001
Title: Investment Manager
Area: Tokyo
Email: [email protected]
Phone: +81337808745
Title: Investment Manager - Cleantech & ICT
Area: Bangalore
Email: [email protected]
Phone: +91 963 234 2021
Title: Investment Manager – Tech
Area: Bangalore
Email: [email protected]
Phone: +91 91088 19810
Title: Investment Manager - Tech, Life Sciences & Cleantech
Area: Taipei
Email: [email protected]
Phone: +886 968 309 526
Title: Head of Marketing & Communication, Asia
Area: Shanghai
Email: [email protected]
Phone: +86 21 8025 0642
Title: Investment Manager - Cleantech & Maritime
Area: Shanghai
Email: [email protected]
Phone: +86 158 0058 0725
Title: Senior Investment Manager - Location Denmark & Life Sciences
Area: Shanghai
Email: [email protected]
Phone: +86 21 8025 0636
Title: Director for Asia
Area: Singapore
Email: [email protected]
Phone: +6565060277
Title: Investment Manager in Cleantech, Tech, Life Science, Food & Maritime
Area: Singapore
Email: [email protected]
Phone: +65 8028 3668
