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Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. I do make mistakes, but I try hard to do my analysis thoroughly, and to make sure my data are correct. Remember: the unexpected sometimes happens. The expected does too, but all too often it takes longer than you thought it would.

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Saturday, December 10, 2016

Denmark: 56% of electricity from renewables

In 2015, Denmark produced 56% of its electricity from renewables:

Higher electricity imports and much higher wind power generation led to a large drop in consumption of coal and other fossil fuels at power plants in 2015. This in turn meant that observed CO2 emissions fell by 6.6% in 2015, and that renewable energy now covers 56% of electricity consumption. These are headlines from Energy Statistics 2015, which were published by the Danish Energy Agency.

(Note (a) that's not 56% of total energy demand, and (b) they're having no issues with grid stability)

[Read more here]


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