News
Category:
Impact on Economy and Denmark
Browse in :
All
> Topics
> Impact on Economy
(423)
All > Location > Europe > Denmark (50)
Any of these categories
All > Location > Europe > Denmark (50)
Any of these categories
Danish company Vestas Windsystems, the owners of a wind turbine factory on the Isle of Wight have fenced off the entrance to the site, where about 25 staff are on the third day of a sit-in. ...The company said the factory was being closed next week due to reduced demand for wind turbines in northern Europe. ...
A spokeswoman for the Department of Energy and Climate Change said the plant made blades for the US market which were not the right specification for onshore or offshore wind farms in the UK.
Also filed under [
UK]
Danish wind turbines are now producing so much energy that they may have to be stopped at night in order to avoid excess production duties. ..."When prices go negative, wind turbines will probably have equipment installed so that you can reduce production," Marketing Manager Nicolaj Nørgaard Petersen tells Jyllands-Posten.
Also filed under [
Energy Policy]
The government’s plan to increase the nation’s reliance on green power could expand a black hole that already sucks nearly two billion kroner out of consumers’ pockets annually.
In order to promote construction of wind turbines, the government has agreed to purchase the electricity they generate at a minimum price. The guaranteed prices have had the desired effect: some 5300 wind turbines dot the Danish countryside, producing 18.5 percent of all electricity generated.
The practice has its downside, however. The guaranteed prices for wind power results in an overproduction that cost the state an excess DKK 21.6 billion between 2001 and 2005, according to figures from the National Audit Agency.
Due to the uncertainty of whether the wind will blow, Energinet.dk, the organisation responsible for ensuring that the country can meet its electricity demand, has to keep a reserve of conventionally produced electricity in case the wind dies down. The extra cost is typically passed on to consumers in the form of higher electric bills.