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Countdown to COP29: Accelerating clean energy sources

As massive growth in renewables is set to transform the electricity sector and boost overall decarbonisation, the clean energy agenda is expected to be yet a crucial priority at this year's COP29. Learn more about Danish focus areas and participating partners as we warm up for the upcoming climate conference in Baku.

By State of Green | [email protected]

7 November 2024

Denmark at COP29

Every year, the Danish Ministry of Climate, Energy and Utilities, State of Green, Danish Industry and the Danish Ministry of Foreign Affairs organise the Danish Pavilion at the climate COP. Read more and discover Denmark’s platform for public-private climate action at COP29.

Clean energy expected to be key area at COP29

Driven by supportive policies and favourable economics, the world’s renewable power capacity is expected to surge over the rest of this decade. According to the International Energy Agency, global additions are on course to roughly equal the current total power capacity of China, the European Union, India and the United States combined. In this vein, clean energy will yet again feature as a major focus, with several key initiatives aimed at accelerating the global energy transition.

One of the top priorities is boosting energy storage capacity, with a target to increase it sixfold by 2030, which is crucial for supporting renewable energy deployment. This includes upgrading or adding 80 million kilometres of electric grids by 2040 to handle the growing demand for electricity from clean sources.

Additionally, COP29 will focus on expanding global clean hydrogen markets and advancing technological and financial support for clean energy in developing countries, as well as scaling up investments in climate finance.

These efforts are part of a broader push to triple renewable energy capacity by 2030, a target set at COP28 but still central to discussions at COP29.

Driving clean energy transition

Denmark travels to COP29 with a clear agenda to accelerate the integration of clean energy sources.

Having established itself as a key player in the development of clean energy sources, Denmark remains actively engaged in the ongoing clean energy transition. With a national target to reduce greenhouse gas emissions by 70% by 2030, the country is working to further increase its reliance on renewable energy sources. In 2023, wind and solar energy accounted for 62% of Denmark’s electricity consumption, reflecting steady progress toward this goal.

These developments are part of Denmark’s broader strategy to build a sustainable energy infrastructure that supports both domestic and regional energy needs. By focusing on innovation and integration across the renewable energy value chain, Denmark contributes to Europe’s efforts to enhance energy security and reduce carbon emissions. As the 2030 target approaches, Denmark continues to support the transition to clean energy with a focus on long-term sustainability and cooperation.

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Ambitions

Denmark aims for a 70% reduction in greenhouse gas emissions by 2030.

Image credits: Vestas, Project Østerild

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Facts

62% of Denmark’s electricity consumption was covered by wind and solar in 2023.

DEnmark's ambition to reduce emissions by 70% by 2030

Meet solution providers offering expertise across clean energy sources

The Danish business delegation at COP29 in Baku makes up an experienced group of public-private partners excelling in green energy transition. From experts and solution providers within wind energy, electrification, and digital services, to business organisations and public agencies driving the transition towards a greener society.

At the Denmark Pavilion, located in H8 Blue Zone, several events will highlight important topics and discussions on renewable and clean energy sources.

Visit the Denmark Pavilion to meet clean energy providers and discover their targets and ambitions for COP29.

Discover the full programme for the Denmark Pavillion

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Ørsted

Ørsted is the global leader in offshore wind power and is one of the largest renewable energy companies in the world. Ørsted provides countries, companies, and communities with sustainable, reliable, and cost-competitive energy solutions, including offshore and onshore wind, solar, renewable hydrogen, and energy storage.

Today, Ørsted is guided by a clear vision: To create a world that runs entirely on green energy.

Image credits: Ørsted

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Andel

Andel is the leading energy group in Denmark. Andel is a cooperative society and a group with subsidiaries. The Andel group is present in Northern Europe, and together, we are involved in the entire energy value chain. Andel engages in energy production, infrastructure, and customer solutions. Through their part ownership of Ørsted, Andel takes part in e.g. offshore wind power across most of the world.

Image credits: Andel

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Danish Energy Agency

The Danish Energy Agency is part of the Ministry of Climate, Energy & Utilities. Danish Energy Agency works for a global green transition and CO2 reductions by sharing Danish best practices through government-to-government cooperations with 25 countries as well as a number of short-term cooperations. The exchange of knowledge is based on Danish strongholds: long-term energy planning, integration of renewable energy, wind power, energy efficiency and district heating.

Image credits: Danish Energy Agency

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Green Power Denmark

Green Power Denmark is a non-commercial business organization gathering around 1,500 members from across the green energy value chain. Green Power Denmark represents companies in the renewable energy industry, owners and developers of renewable energy systems, electricity companies, distribution system operators (DSOs), energy trading companies, and companies that work to refine, convert, and store green electricity.

Image credits: Green Power Denmark

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Vestas

Vestas aims to be the global leader in sustainable energy solutions. With 30,000 employees worldwide, Vestas designs, manufactures, installs, and services wind energy and hybrid projects globally. Having installed over 181 GW of wind turbines in 88 countries, Vestas has prevented 1.9 billion tonnes of CO₂ emissions. With more than 40 years experience in wind energy, Vestas continues to drive the energy transition and lead the way to a sustainable future.

Image credits: Vestas

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Siemens Energy

For more than 150 years Siemens Energy’s engineers have spearheaded electrification of the world. Today, Siemens Energy is a team of 100.000 sharing the same passion, vision and values. The mission is to support companies and countries with what they need to reduce greenhouse gas emissions and make energy reliable, affordable, and more sustainable.

Image credits: Siemens Energy

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cBrain

cBrain is a Danish software company that offers governments fast digital transformation at scale. cBrain’s customers include over 100 government organizations across five continents. cBrain provides standardized climate software solutions that aim to close the time gap between political decisions and execution, based on solutions for the Danish Ministries and agencies of Climate, Energy and Environment as well as clients in California, Kenya and South America.

Image credits: cBrain

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STRING

STRING (South Western Baltic Sea Transregional Area–Implementing New Geography) is a political organization representing 16 regions and cities across Northern Europe. Concentrating on renewable energy, green growth, and sustainable infrastructure projects, STRING aims to create a cohesive green megaregion and accelerate the green transition in Northern Europe.

Image credits: STRING

Highlighted events on clean energy at the Denmark Pavilion

Denmark & WBCSD: a new era of public-private cooperation
By WBCSD
Wednesday 13. November

IMCA: a joint Initiative on mobilising climate finance to emerging markets
By Investment Mobilisation Collaboration Alliance (IMCA)
Thursday 14. November

Fostering climate partnerships through private sector engagement: lessons from Denmark and South Africa, followed by business reception at the South African Pavilion
By Danish Industry, National Business Initiative and State of Green
Thursday 14. November

Catalysing clean energy demand
By Ørsted
Friday 15. November

Closing the time gap: accelerating AI for environmental permitting in green energy projects
By CBRAIN
Friday 15. November

Find the full programme for the Denmark Pavilion