Wind power has overtaken all other energy sources as the cheapest form of electricity in Denmark, with a cost
roughly half that of coal and natural gas projected by 2016, according to an analysis by the Danish Energy Association (DEA). Home to major turbine manufacturers Vestas and Siemens, the country has been investing steadily in wind power since the 1970s and seems to be reaping the benefits of those investments now, analysts say. Electricity from two new onshore wind power facilities set to begin operating in 2016 will cost around 5 euro cents per kilowatt-hour, according to DEA calculations. The Danish government aims to meet 50 percent of the country’s total electricity needs with wind power by 2020, and another 20 percent with other renewable sources. By 2050, the government aims to produce all electricity from renewable sources.
Danish Wind Power To Be Half The Price of Coal and Natural Gas by 2016
More From E360
-
INTERVIEW
Marina Silva on Brazil’s Fight to Turn the Tide on Deforestation
-
Solutions
Solomon Islands Tribes Sell Carbon Credits, Not Their Trees
-
INTERVIEW
With Sea Turtles in Peril, a Call for New Strategies to Save Them
-
RIVERS
Jared Kushner Has Big Plans for Delta of Europe’s Last Wild River
-
Energy
A Nuclear Power Revival Is Sparking a Surge in Uranium Mining
-
OPINION
Despite Official Vote, the Evidence of the Anthropocene Is Clear
-
INTERVIEW
At 11,500 Feet, a ‘Climate Fast’ to Save the Melting Himalaya
-
Oceans
Octopuses Are Highly Intelligent. Should They Be Farmed for Food?
-
Climate
Nations Are Undercounting Emissions, Putting UN Goals at Risk
-
Solutions
As Carbon Air Capture Ramps Up, Major Hurdles Remain
-
ANALYSIS
How China Became the World’s Leader on Renewable Energy
-
Biodiversity
As Flooding Increases on the Mississippi, Forests Are Drowning