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Denmark passes climate act calling for 70% emissions reduction by 2030

Q3: U.S. Solar and Wind Power by the Numbers

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Denmark passes climate act calling for 70% emissions reduction by 2030

The Danish government on Dec. 6 passed legislation to reduce greenhouse gas emissions 70% by 2030 from 1990 levels, according to a release by the Danish Ministry of Climate, Energy and Utilities.

The policy also commits current and future climate ministers to reach net-zero emissions by 2050 at the latest.

To carry out the goal, the government will present climate action plans with concrete steps for decarbonization across industries, from transport to agriculture to energy. The Danish Climate Act establishes a mechanism with a five-year cycle, according to a news release by the ministry, "designed to ensure both early action and to revise the reduction targets."

A new Committee for the Green Transformation has been established to ensure climate change is part of every major political decision. The government also created 13 public-private partnerships to boost sustainable solutions.

Relatedly, the Danish Energy Agency reportedly allocated 252 MW of renewable power in a recent renewables auction, of which 83 MW was solar, 93 MW were solar-wind hybrid facilities including 34.1 MW of photovoltaic capacity, and 72 MW were onshore wind projects according to a Dec. 6 report by PV Magazine.

"We have contracted far more renewable energy for far less money than expected," Minister of Climate and Energy Dan Jørgensen was quoted as saying. "That's good news for the green transition. The subsidy rate has dropped by another 30% in just one year."

The latest round saved the government 101 million Danish krone, compared with 258 million Danish krone allocated for subsidies in the bidding process.

Overgaard 1B K/S submitted the lowest bid of 0.010 Danish krone/kWh for a 36-MW wind project in Randers. The second lowest bid was 0.0148 Danish krone/kWh by Eurowind Energy A/S for two hybrid solar-wind projects, one with a 53-MW capacity and another with a 44.1-MW capacity.

As of Dec. 6, US$1 was equivalent to 6.76 Danish kroner.