Germany's Danish power import explodes

In the first three months of this year, Dutch-German TSO Tennet paid to have power shut off from Denmark – a volume totaling more than a fifth of Western Denmark's consumption during the period.
Increasing often, Tennet is paying Denmark's wind turbines to stand idle. In the case of wind farm Nørhede-Hjortmose, much of the capital is accumulating south of the border, as German asset manager Encavis purchased the facility in 2018. | Photo: Thomas Borberg
Increasing often, Tennet is paying Denmark's wind turbines to stand idle. In the case of wind farm Nørhede-Hjortmose, much of the capital is accumulating south of the border, as German asset manager Encavis purchased the facility in 2018. | Photo: Thomas Borberg

Considering power price developments thus far in 2020, one can hardly blame Danish generators from wondering whether it's all worth the effort. With a hitherto annual average rate of less than DKK 0.15 (EUR 0.02) per kWh and with negative prices lasting not only hours but also whole days, there hasn't been much point in keeping the old contraption spinning.

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