Danish electricity trader Energi Danmark managed to set a revenue record for 2016, and the group has seen its bottom line soar after landing a DKK 114.1 million result. This is almost a tenfold increase of the 2016 DKK 11.7 million improvement, the worst in ten eyars. In 2016, Energi Danmark changed its reporting standard to IFRS, while 2015 figures were updated to the same standard.
The group's revenue grew by DKK 545 million to DKK 15.1 billion, attributed to a large influx of customers. According to Energi Danmark, the group had total sales orders of 69 TWH at the end of 2016, which had to be delivered to the Nordic countries and Germany in the years leading up to 2020. Altogether, Energi Danmark delivered 27.4 TWH in 2016. According the report, the number will grow, as 287 TWH have already been sold, to be delivered in 2017.
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
Ørsted aims to be number one on carbon capture
The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.
H2 Energy calls for faster offshore wind tender to accelerate PtX efforts
With its 1GW hydrogen production, Swiss H2 Energy Europe is among the companies confident in a booming hydrogen industry in Denmark in coming years. For Denmark to take the lead, political action is needed, the company notes.
Statnett warns of potential strained power situation in Norway
The map of Norway’s power situation has received a splash of yellow in the southern region due to low water levels and uncertainty over future import options.
Nordex downgrades forecast
The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.
Frontline CEO: Russian oil flows quite freely on the market
Frontline is not taking the ”moral high ground” in regards to Russia but complies with the existing sanctions. Large amounts of Russian oil are still passing through the market, said chief executive Tuesday.
Team Manager 
Junior Product Manager 
Project manager for Denmark's best internet 
Critical Infrastructure Specialist for one of the world's most important green projects 
IT supporter for the full range of support tasks 
Senior Expertise Director, Biomass 
Senior Logistics Site Manager 
Project assistant 
Senior Risk Analyst 
We are looking for project managers who will help shape the green transition and develop the business area "Sustainable Energy" 
Engineer or physicist with an interest in energy, international work, supervision and regulation 
Economists who are passionate about advocacy and industrial economics 
Pipeline Manager