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However, Denmark offers a tax refund for energy efficient changes. Most of the money collected would be put into research for alternative energy resources. [99] In 2022 Denmark approved a carbon tax that will reach 159 dollars per ton of CO 2 by the year 2030 for companies that are part of the EU Emissions Trading System (ETS). This is the ...
In 2022, Denmark produced 35 Terawatt-hours (TWh) of electricity, with renewable sources constituting 83.3% of the total electricity mix. Wind energy was the largest contributor at 54%, followed by bioenergy and waste at 23%, and solar energy at 6.3%.
Denmark is a leading country in renewable energy production and usage. Renewable energy sources collectively produced 81% of Denmark's electricity generation in 2022, [5] and are expected to provide 100% of national electric power production from 2030. [6]
Renewable electricity generation by source and country in 2023 [1] This is a list of countries and dependencies by electricity generation from renewable sources. [1] Renewables accounted for 30% of electric generation in 2023. Renewables consist of hydro (47%), wind (26%), solar (18%), biomass (8%) and geothermal (1%).
Denmark is a long-time leader in wind energy and a prominent exporter of Vestas and Siemens wind turbines, and in 2019 Denmark's exports of wind-turbine technology and services amounted to € 8.9 billion. [131] It has integrated fluctuating and less predictable energy sources such as wind power into the grid.
Wind power provided 18.9% of electricity production and 24.1% of generation capacity in Denmark in 2008, [2] Denmark was a pioneer in developing commercial wind power during the 1970s, and today almost half of the wind turbines around the world are produced by Danish manufacturers such as Vestas and Siemens Wind Power along with many component suppliers.
The main sources of biofuels in Denmark include wood and wood products, energy from waste, straw, biogas, biodiesel and bioethanol. Biofuels have the potential to provide environmental and economic benefits but they must be carefully managed to ensure that they are truly sustainable resources.
Denmark's electricity sector has integrated energy sources such as wind power into the national grid. Denmark now aims to focus on intelligent battery systems ( V2G ) and plug-in vehicles in the transport sector. [ 170 ]