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Renewable Energy in Denmark 2024

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Renewable Energy in Denmark

This report provides an analysis of renewable energy sources in Denmark from 2008 to 2024, focusing on wind, biomass, biogas, solar, and hydropower. It highlights Denmark’s increase in renewable capacity to 13.02 gigawatts by 2023, with detailed statistics on production and industry turnover across these sectors. Key findings include major contributions from biomass and wind, rising solar energy use, and the consistent role of hydropower in the energy mix.

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Renewable Energy Denmark 2024 DealPotential

Renewable energy in Denmark report 2024

Format: PDF | 23 pages | Region: Denmark |  May 2024 | Delivery: Immediate

Key findings

  • In 2023, Denmark's renewable energy capacity reached 13.02 gigawatts, a 7% increase from the previous year, marking the peak of the period analyzed.
  • Wind power continues to be a dominant force, with substantial growth in both onshore and offshore turbine installations.
  • Biomass was the largest producer of renewable energy in Denmark in 2022, producing about 84 petajoules, primarily from sources like straw and wood chips.
  • The biogas sector has shown steady growth, with production reaching 689,000 metric tons of oil equivalent in 2022, primarily through anaerobic fermentation.
  • Solar PV capacity has seen a consistent rise, reaching a cumulative capacity of 3,070 megawatts by 2022. In 2023 alone, energy production from solar cells hit an all-time high of 3,363 gigawatt-hours.
  • Solar PV turnover in 2022 spiked to 2 billion euros, reflecting a robust investment and development phase.
  • The investor with the highest participation rates in the renewable energy sector in Denmark are held by The Footprint Firm.
  • The private companies with the largest deals were European Energy with US$ 762.07 M in corporate investment, followed by Reel with a US$ 5.44 M seed investment, Blue World Technologies with US$ 11.82 M, and Dynelectro, which received US$ 4.89 M in seed funding.

And much more.

Renewable Energy Denmark 2024 DealPotential

Renewable energy capacity from 2008 to 2023

Inside the report

Overview

  • Renewable energy capacity in Denmark 2008-2023

Wind

  • Number of active wind power turbines in Denmark 2010-2023, by site
  • Capacity of active wind power turbines in Denmark 2010-2023, by site
  • Wind turbine production in Denmark 2010-2023, by site
  • Monthly energy production from wind turbines in Denmark 2022-2023
  • Turnover in the wind industry in Denmark 2013-2022

Biomass

  • Production of biomass energy in Denmark 2008-2022
  • Turnover in the biomass industry in Denmark 2013-2022

Biogas

  • Energy production from biogas in Denmark 2013-2022
  • Turnover in the biogas industry in Denmark 2013-2022

Solar

  • Energy production from solar cells in Denmark 2012-2023
  • Monthly energy production from solar cells in Denmark 2022-2023

Hydropower

  • Hydropower capacity in Denmark 2008-2023

Key private players

  • Top 5 investors with the highest participation rate 2023-2024
  • Companies with the largest deals 2023-2024

Sources

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