Denmark settles deal on PSO scheme for green energy

A majority in the Danish Parliament has reached agreement regarding the country's public service obligation (PSO). The tariff will be phased out and integrated into the national budget instead, while the subsidy scheme to support green energy (VE) will be discontinued.
Photo: /ritzau/Jens Dresling/
Photo: /ritzau/Jens Dresling/

Thursday night local time, a majority in Denmark's Parliament reached final agreement on green energy funding to abolish the public service obligation (PSO). As expected, the PSO will go from a consumer tariff to a payment over taxes, which according to plan will happen gradually ahead of 2022. The funding will come from measures such as abolishing the current subsidies for renewable energy (called VE in the Danish system), increasing taxes in the lowest tax bracket taxes, and also removing certain tax deductibles related to green energy funding.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading

Jobs

See all jobs