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Denmark is a net importer of electricity. The flow of electricity between Denmark and the countries it has interconnectors with (Norway, Sweden, Germany, Netherlands and the UK), and the direction of that flow, is highly variable and depends on current demand and current Danish wind power output.
The Energi Danmark Group is the largest energy trading company in Denmark and one of the largest in North Europe. [3] Company trades energy physically and financially. Mostly it trades gas and carbon. [4] Due recent growth in revenue Energi Danmark was listed on Fortune 500 list as 60th largest company in Europe by revenue. [1]
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[2] [3] Denmark's economy stands out as one of the most free in the Index of Economic Freedom and the Economic Freedom of the World. [4] [5] It is the 13th most competitive economy in the world, and 8th in Europe, according to the World Economic Forum in its Global Competitiveness Report 2014–2015. [6]
The Nordic electricity market is a common market for electricity in the Nordic countries. It is one of the first free electric-energy markets in Europe and is traded in NASDAQ OMX Commodities Europe and Nord Pool Spot. In 2003, the largest market shares were as follows: Vattenfall 17%, Fortum 14.1%, Statkraft 8.9%, E.on 7.5%, Elsam 5%, Pohjolan ...
Wind provided 57% of the electricity generated in Denmark in 2019, [38] and at least 47% of Denmark's total electricity consumption in 2019. [38] Denmark is a long-time leader in wind energy, and as of May 2011 [update] Denmark derives 3.1 percent of its Gross Domestic Product from renewable energy technology and energy efficiency, or around ...