Onshore wind energy is the cheapest source of energy in Denmark – outcompeting any fossil fuel
Denmark is home to 4,2 GW onshore wind energy and as the cost of the technology has dropped drastically, wind turbines prove a very cost-efficient way to produce electricity. In fact, onshore wind energy is the cheapest source of energy in Denmark – outcompeting any fossil fuel. As wind turbines have an expected lifespan of approximately 20 years, many onshore wind turbines in Denmark are currently being retired. As a result, the number of onshore turbines is expected to drop in the coming years, but the wind farms stay in place, as the old turbines in many cases are replaced with new, more efficient ones in repowering projects.
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Within the coming three decades, sun and wind will gain even bigger traction and possibly account for half of the world’s electricity, predicts research-centre. Denmark has a head start on the transition to renewables.
For 10 days earlier this month, the Danish island of Bornholm was on its own in terms of electricity supply, as the submarine cable to Sweden’s power grid was disconnected. That was a very interesting situation for researchers, who are investigating the ability of electric vehicles to stabilise the power grid.
Electric power has tremendous potential, given the possibility to use it as a fuel source in transport, heating and industry. It can play a central role in reducing the planet’s CO2 emissions, thereby achieving the objectives of the Paris Agreement. These are the key messages of the Renewable Energy Outlook 2019, that was released in Copenhagen this week.
In the coming years, India will become one of the world’s largest markets for sustainable energy, and the Indians are especially interested in wind energy. That is why Denmark is going to open a Danish-Indian knowledge centre for the development of wind energy in the country.