Windpower Monthly rating 3/5
Our rating is based on a combination of project pipeline, political and policy support, investor confidence and structural readiness of the country in terms of grid infrastructure, permitting process and local supply chain.
Forecast of installed and operating wind power capacity based on the latest statisitics and measured against the Windpower Intelligence database.
The political climate is sensitive as a lot of the political parties argue towards alternative financing, and generally a reduction of the subsidy scheme. In 2017, the Danish government laid out plans to support new renewable energy in technology-neutral auctions in 2018 and 2019.
Currently a high level of activity in development of offshore wind power. However, the onshore market for development of wind power is slowing down.
Generally high level of preparedness for deployment of more wind power as grid infrastructure has been continuously developed. Large amounts of interconnectivity with surrounding countries.
The three projects that make up the Horns Rev offshore-wind hub off Denmark's west coast perfectly illustrate how the sector developed over the last two decades. Windpower Monthly dissects the performance data to see if bigger really is better.
The latest report from the Lawrence Berkeley National laboratory (LBNL) in the US chronicles the continuing development of wind energy, accompanied by steady falls in costs of both projects and energy.
OPINION: Following the merger of two major lobby groups, and ahead of a general election, Denmark's wind industry is in a strong position to continue growing, writes Jan Hylleberg.
MHI Vestas introduced its latest V174-9.5MW offshore turbine model with an enlarged 174-metre rotor in February. Senior product manager Anders Bach Andersen talked to Eize de Vries at the recent WindEurope event in Bilbao about how this model differs from to the "original" V164 series, including last year's V164-10.0MW upgrade.
Vestas has rounded off its 4MW onshore platform range, first revealed in June 2017, with the installation of the low-wind V150-4.2MW protoype at the Østerild test site in Denmark.
The operator of the Thor offshore project will receive state support through a similar support mechanism to the UK's contract for difference model, the Danish government has announced.
MHI Vestas co-CEO Lars Bondo Krogsgaard has resigned and has been replaced by former Vestas vice president of product management, Johnny Thomsen.
Siemens Gamesa Renewable Energy (SGRE) has unveiled the first prototype nacelle for its SG 10.0-193 DD turbine at its factory in Brande, central Denmark.
"Unprecedented high activity levels" across all regions boosted Vestas' Q3 revenue by 30% over the same period last year, but CEO Henrik Andersen warned that tariffs and increased execution costs were threatening the company's profitability.
UPDATED: Ørsted has downgraded its potential profit from seven offshore wind projects won in competitive tenders after admitting it overestimated production forecasts across its portfolio.