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.
Another part of the agreement is that Sweden's Vattenfall will indeed be allowed to construct its very cheap coastal wind turbines near Danish shores. The negotiations were stalled for more than six months, but are now finally concluded because governing party Venstre (The Liberal Party of Denmark) acknowledged that a majority would not vote to cancel the coastal tender, which was passed in a energy policy settlement in 2012. This was otherwise a clear goal for the party.
Already a subscriber? Log in.
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.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Cobod to help GE make turbines taller
The Danish 3D printing company has signed an exclusive deal with GE, which recently bought a stake in the company.
UK to levy tax on electricity producers' windfall profits
Chancellor of the Exchequer seeks to introduce a new tax, which could affect owners of wind farms.
Siemens Gamesa sends factories into hibernation, sacks employees
Two US factories will be closed over the summer, and several workers will be laid off. A patent case with GE is to blame, along with low demand.
Ørsted CEO: "Renewable energy is now a security policy issue"
Economic warfare against Russia has prompted Europe to raise its ambitions and purge itself of fossil fuel energy, and this agenda suits the Ørsted CEO perfectly.
RWE criticizes Repower EU
The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.
Director of technological development and projects in gas transmission 
Team Manager 
Senior Market Director, Power Transmission 
Compliance Officer with an interest in sustainability 
Industry specialist and architect - Energy & Utility 
Engineer or physicist with an interest in energy, international work, supervision and regulation 
Senior Risk Analyst 
Project manager for Denmark's best internet 
Project Developer 
We are looking for advisers who will help shape the green transition and develop the business area "Sustainable Energy" 
Strategic project manager for the green transition 
Data analyst / data scientist to develop the Danish electricity distribution network and support green transformation of Denmark