Denmark sets new record for wind energy, putting us all to shame

03/01/2020 09:04 Wind


Denmark hit a major renewable energy milestone in 2019, producing nearly half of its electricity from wind wind alone.

State-run energy operator Energinet announced its new wind record on Twitter Thursday. The renewable energy source now makes up 47 percent of the country’s energy consumption, hitting the previous record set in 2017 of 43 percent.


This boost is, in large part, due to the launch of the country’s largest offshore wind farm in the North Sea this year. The Horns Rev 3 wind farm generates enough energy to power about 425,000 Danish homes. The country has been quickly transitioning toward wind energy due to its location on the gusty North Sea. The sea’s bountiful winds are also key to UK clean energy aspirations. The country went live with the world’s largest offshore wind farm last year.


Denmark’s left-wing coalition government took over in summer 2019 and upped the country’s climate targets. They include reducing emissions 70 percent below 1990 levels by 2030. Coal, oil, and gas still play a major role in meeting the country’s energy consumption according to the Danish Energy Agency. But the wind energy revolution underway could very well help the country get emissions down by reducing the need for dirty energy.


Britain to invest 90 million stg to cut emissions from homes, industry

19/02/2020 09:15:00

Britain will invest 90 million pounds ($117 million) on measures to cut carbon dioxide emissions from homes and industry, including two hydrogen plants, the government said on Tuesday.


Daily (19.02.2020): NBP spot soared by 2.8% on Tuesday due to weak LNG supply

19/02/2020 09:22:00

Oil prices were almost unchanged on Tuesday in a market still concerned about the coronavirus epidemic and its economic consequences. Brent crude for April delivery rose by 8 cents, or 0.14%, to end at $57.75 per barrel. On the other side, WTI crude slipped by 0.5% to settle at $52.05 per barrel.


Green light to Lundin for Barents Sea wildcat

19/02/2020 09:17:00

The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for a well in the Barents Sea offshore Norway.