energy strategy 2050 - Energy Europe

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Introduction: From coal, oil and gas to green energy Targets in the government’s work plan •• Denmark is to be a green and sustainable society •• Denmark is to be among the three countries in the world to raise its renewable energy share most by 2020 •• Denmark is to be among the three most energyefficient countries in the OECD by 2020. Danish targets arising from the EU climate and energy package •• The share of renewable energy will be increased to 30% of final energy consumption by 2020 as part of an overall EU target of 20% renewable energy by 2020. •• The share of renewable energy in the transport sector will be 10% by 2020 •• Emissions in the non-ETS sectors will be reduced gradually in 2013-2020 and by 20% by 2020 relative to 2005 as part of an overall EU target to reduce emissions by 20% by 2020 relative to 1990. Targets in the national energy agreement for the period 2008-2011 •• In 2020, primary energy consumption will be 4% less than in 2006. Danish objectives for EU climate and energy policy •• The government is working for an EU commitment to reduce overall emissions of greenhouse gases by 30% by 2020 relative to the 1990 level. Box 0.1 The government’s targets underpinned by Energy Strategy 2050 Fossil fuels are cheaper than renewables. This will probably hold true for some time yet. This implies economic costs in the transition to fossil fuel independence and will ultimately have to be paid by the Danish consumers of energy; in other words by companies and private households. The government therefore believes it is vital that the transition takes place as cost-effectively as possible, with concern for the long-term viability of public finances, the competitiveness of companies and ultimately for Danish jobs. On the one hand, measures should not be forced through with an unnecessarily high expenditure right now. On the other hand, the benefits of lower greenhouse gas emissions, lower energy consumption, more stable fuel costs and less dependence on fossil fuels, also have value in the years up to 2050. 8 Energy Strategy 2050 – from coal, oil and gas to green energy.
An economically responsible transition to fossil fuel independence is important to the Danish government What is implied by independence of fossil fuel Obviously, any goal reaching almost 40 years into the future is associated with uncertainties. Therefore, the government’s goal of fossil fuel independence includes some flexibility. In summary, the government’s goal is a greenhouse gas neutral energy sector, which utilises 100% renewables, or a combination of renewables and coal/biomass with CCS (carbon capture and storage). The goal also entails the continued exchange of energy products with other countries, so that Denmark continues to exploit all the advantages of being part of an international energy market. For example, developing and participating in the European electricity market. The ambition is also for a renewable energy based transport sector. However, in respect of achieving this Denmark is dependent on international technological developments and therefore has to adapt the level of ambition to the future technological and economic development. Box 2.0 The goal of fossil fuel independence Principles for the transition to independence An economically responsible transition to fossil fuel independence is important to the Danish government. This means that the transition will meet the following principles: A cost effective transition The transition will be cost effective, with initiatives providing maximum security of supply and the highest reduction in the use of fossil fuels for every DKK of expenditure. This means that focus is not on large-scale use of technologies which require high subsidies. Instead, for these technologies focus is on research, development and demonstration, which in the long term can make them competitive, at lower levels of subsidy. Minimal impact on public finances The distribution of benefits and costs in connection with the transition must not burden public finances. Therefore, the transition is fully financed, with expenditures primarily covered by consumers of energy (companies as well as households). Retaining competitiveness The transition needs to take the competitiveness of Danish businesses into account. This requires that companies know the long-term framework, within which they must operate, and that energy costs do not increase significantly. Full utilisation of international frameworks The transition will make full use of the opportunities of a globalised world and of ever closer EU cooperation. The goal is not a self-sufficient Denmark. On the contrary, Denmark will continue to exploit all the advantages of being part of an international energy market. The strategy will also ensure that the transition does not undermine nature or environmental assets. This implies for instance, that the infrastructure will take account of nature and people’s opportunities to enjoy it. It also entails a sustainable use of biomass resources. Energy Strategy 2050 – from coal, oil and gas to green energy. 9
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Page 3 and 4: Content Preface....................
Page 5 and 6: A new era for energy policy Energy
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An important tool to achieve more e
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The strategy includes a large numbe
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By far the majority of households w
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Energy Strategy 2050 - from coal, o
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