Denmark Promotes Global Offshore Wind Alliance
Denmark’s Green Energy Production Reaches New Highs
Denmark is currently producing unprecedented levels of green energy, and at the same time it has never been more urgent to continue expanding affordable green energy supplies.
While global energy market uncertainty remains high, Denmark’s green energy production continues to break records in the first half of 2022 and the outlook is positive, according to a new report from Green Power Denmark.
In the first six months of 2022, Denmark produced 1.09 billion kilowatt hours from wind turbines and solar panels, a significant increase of 12 percent compared to 2020. Another all-time high is Denmark’s share of wind and solar power in total electricity consumption at 53.3%. Denmark is determined to drive the future with green energy and achieve the national goal of reducing greenhouse gas emissions by 70% and becoming a net exporter of green energy.
Dialogue with Danish energy companies: The meaning of green energy
Breaking the record for green energy production doesn’t just mean a reduction in CO2 emissions. More importantly, it has allowed the Danes to avoid some of the economic hardships experienced by other Europeans in the face of high energy prices across the continent.
Kamilla Thingvad, Director of Energy Production, Development and Trading at Green Power Denmark: “Our windmills and solar panels sometimes produce enough electricity to fully meet Denmark’s national demand. The cost of doing so is very low because green electricity produced by windmills and solar panels is the cheapest source of energy. Therefore, we don’t have to pay for more expensive coal or natural gas plants to produce any additional energy. The green transition is the solution to high energy prices, which is of great benefit to our citizens, companies and society as a whole.”
The green economy is good business, which is especially evident in the first six months of 2022. Denmark’s green electricity exports were 920 million kilowatt hours, an increase of 19 percent compared to the same period last year. While uncertainty in the European energy market has driven up Danish green energy sales, there is no denying the importance of making low-cost green energy available to more people.
Efforts of the Danish government and the international community
At the 26th UN Climate Change Conference (COP26) in Glasgow in 2021, the governments of Denmark, Costa Rica and 10 other countries launched the Beyond Oil and Gas Coalition, which aims to phase out oil and gas production. The coalition’s core members pledged to end a new round of oil exploration licenses and agreed to set a Paris Agreement-consistent deadline for ending oil and gas production. Denmark took the lead in the North Sea Agreement, setting 2050 as the date for Denmark to end oil and gas production (read more: World’s largest offshore wind energy scheme, Danish Prime Minister chaired the North Sea summit yesterday).
The sharp rise in oil and gas prices since then has highlighted the need to accelerate the green transition. On September 19, 2022, to advance this work, the Beyond Oil and Gas Coalition brought together leaders from government, the private sector and philanthropy in New York during the UN General Assembly and within the framework of New York Climate Week to discuss how Gain the necessary political and financial support for the transition away from fossil fuel energy production.
According to forecasts by the International Energy Agency and the International Renewable Energy Agency, 2,000 gigawatts of offshore wind capacity is needed to maintain the goal of limiting global temperatures to 1.5°C and achieve net-zero emissions by 2050.
Dan Jørgensen, Danish Minister of Climate, Energy and Utilities: “The science is clear. If we are to fulfill the Paris Agreement, we need to significantly reduce the production of coal, oil and gas by 2050. With the North Sea Agreement, Denmark has shown the way. Fortunately, we are not alone. I am pleased to see the tremendous international support for the Paris Agreement, and the meeting in New York is a good example of this.”
Global Offshore Wind Alliance established
Against this backdrop, the Global Offshore Wind Alliance (GOWA), a group of governments, the private sector and international organizations, was created. The new international alliance aims to increase international interest and confidence in offshore wind power, with the goal of increasing installed capacity from 57 GW in 2021 to 380 GW in 2030 and 2,000 GW in 2050.
The Global Offshore Wind Alliance was born out of a partnership between Denmark, the Global Wind Energy Council (GWEC) and the International Renewable Energy Agency (IRENA). Norway has officially joined the alliance, and other governments and stakeholders, including the United States, will join in November on the occasion of the 27th Conference of the Parties (COP27) of the United Nations Climate Change Conference in 2022.
Dan Jørgensen, Danish Minister of Climate, Energy and Utilities: “Offshore wind is the key to implementing the Paris Agreement and phasing out coal, oil and gas. We need to drive the deployment of offshore wind on a global scale, and this requires international cooperation, which is why we need GOWA.”
Despite not having nuclear or hydro power, Denmark is consistently ranked in the top three of the World Energy Council’s World Energy Trilemma Index, which assesses countries’ performance on three key aspects of energy equity, environmental sustainability and energy security.
In addition, Denmark is ranked by the International Energy Agency as the most advanced country in terms of integration of renewable energy systems, and a world leader in the share of variable renewables in the grid.
To date, Denmark’s green transition and green economy has not only resulted in cleaner energy and new economic growth, but has also driven international attention to climate action such as offshore wind deployment.