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Climate Action 2017-2018

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POLICY<br />

The export of energy technology<br />

makes up around 11 per cent of<br />

Denmark’s total exports of goods, one<br />

of the highest shares in Europe.<br />

of integration of renewable energy into<br />

the electricity market, and provides low<br />

prices for the consumers.<br />

Our cooperation with our neighbouring<br />

countries underlines the fact that national<br />

energy frameworks cannot stand alone.<br />

Large-scale penetration of renewable<br />

energy is most effectively happening by<br />

maximising the geographical area for<br />

balancing across borders, so weatherdependent<br />

production patterns can<br />

complement each other. To that end, it is a<br />

key aim to work for a European electricity<br />

market which is integrated, market-based,<br />

and incentivises flexibility both on the<br />

supply and demand side.<br />

Fifth, Denmark is actively committed<br />

to sharing experience with the rest of the<br />

world. As a consequence, Denmark has<br />

government-to-government cooperation<br />

with 12 countries across the globe with a<br />

focus on wind power production, energy<br />

efficiency, district heating and intelligent<br />

energy planning. The same is true for our<br />

work in multilateral organisations where<br />

Denmark actively seeks to exchange best<br />

practice on these topics where the country<br />

has valuable experience to share.<br />

Sixth, these effects have helped<br />

develop a highly competitive energy<br />

technology sector in Demark. As a result,<br />

the clean energy transition has gone<br />

hand in hand with strong exports and<br />

economic growth. The export of energy<br />

technology makes up around 11 per cent<br />

of Denmark’s total exports of goods, one<br />

of the highest shares in Europe.<br />

It is, however, too soon to fully enjoy the<br />

fruits of our labour. The Paris Agreement<br />

sets the direction for a green transition<br />

and sends a strong signal to both civil<br />

society and the private sector that the<br />

world is moving in a green direction. To<br />

achieve the goals of the Paris Agreement,<br />

investments in the green transition<br />

are imperative. We should use this as<br />

an opportunity to share our valuable<br />

experiences and competences.<br />

39

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