AIRLINK 196.50 Increased By ▲ 2.94 (1.52%)
BOP 10.25 Increased By ▲ 0.30 (3.02%)
CNERGY 7.88 Decreased By ▼ -0.05 (-0.63%)
FCCL 39.80 Decreased By ▼ -0.85 (-2.09%)
FFL 17.09 Increased By ▲ 0.23 (1.36%)
FLYNG 27.12 Decreased By ▼ -0.63 (-2.27%)
HUBC 133.95 Increased By ▲ 1.37 (1.03%)
HUMNL 14.10 Increased By ▲ 0.21 (1.51%)
KEL 4.78 Increased By ▲ 0.18 (3.91%)
KOSM 6.64 Increased By ▲ 0.02 (0.3%)
MLCF 47.18 Decreased By ▼ -0.42 (-0.88%)
OGDC 214.79 Increased By ▲ 0.88 (0.41%)
PACE 6.96 Increased By ▲ 0.03 (0.43%)
PAEL 42.00 Increased By ▲ 0.76 (1.84%)
PIAHCLA 17.15 No Change ▼ 0.00 (0%)
PIBTL 8.50 Increased By ▲ 0.09 (1.07%)
POWER 9.60 Decreased By ▼ -0.04 (-0.41%)
PPL 183.96 Increased By ▲ 1.61 (0.88%)
PRL 42.90 Increased By ▲ 0.94 (2.24%)
PTC 25.15 Increased By ▲ 0.25 (1%)
SEARL 109.80 Increased By ▲ 2.96 (2.77%)
SILK 1.00 Increased By ▲ 0.01 (1.01%)
SSGC 44.11 Increased By ▲ 4.01 (10%)
SYM 17.86 Increased By ▲ 0.39 (2.23%)
TELE 8.96 Increased By ▲ 0.12 (1.36%)
TPLP 13.06 Increased By ▲ 0.31 (2.43%)
TRG 67.60 Increased By ▲ 0.65 (0.97%)
WAVESAPP 11.68 Increased By ▲ 0.35 (3.09%)
WTL 1.83 Increased By ▲ 0.04 (2.23%)
YOUW 3.97 Decreased By ▼ -0.10 (-2.46%)
BR100 12,249 Increased By 204.5 (1.7%)
BR30 36,933 Increased By 352.6 (0.96%)
KSE100 115,663 Increased By 1625.1 (1.43%)
KSE30 36,398 Increased By 603.9 (1.69%)

Wind power generated 43.4 percent of electricity consumed in Denmark last year, a new record for the Nordic nation which aims to rely on renewables for half of its energy needs by 2030, authorities said Thursday.
"Denmark is on track to surpassing its EU energy targets" which is to have at least 50 percent of its energy needs supplied by renewable resources by 2030, against a current one third, and a zero-fossil fuel energy by 2050, the Danish Ministry of Energy, Utilities and Climate said in a statement.
"With the wind power production record, Denmark places a green flag on the world map," Danish energy minister Lars Lilleholt said. "We have managed to accommodate large amounts of wind power and other green sources of energy, while maintaining high security of supply," he added. Anticipating more records in the coming years, Denmark is developing new offshore wind farms in the Baltic Sea and North Sea. The nation imports its additional electricity needs from Norway (hydropower), Sweden (nuclear power) and Germany (solar). It intends to store up its wind and solar energy to guarantee security of supply on less windy and cloudy days.
The International Energy Agency (IEA) praised Denmark's fast transition to renewable energy in a November report, saying the country had become a "world leader in decarbonisation" in two decades. Scandinavia's southernmost nation, long dependent on energy imports, started to reduce its coal-fired plants in the late 1970s and invested heavily in wind power. Denmark, which produces both oil and gas and was a net exporter of energy in the late 1990s, is now 90 percent self-sufficient.

Copyright Agence France-Presse, 2018

Comments

Comments are closed.