European Commission approves open technology wind/solar tenders in Denmark
Post date: 19/08/2018 - 18:44
On Friday the European Commission approved three energy policy support instruments that Denmark intends to use 2018 and 2019. In addition to an aid scheme for onshore wind turbines for test and demonstration projects and a transitional scheme for onshore wind, these include the cross-technology tendering of onshore wind and solar power plants, which has a budget of 842 million Danish kroner ($128.4 million). Two tender rounds are planned for this year and next, in which wind and solar energy projects will compete for contracts. The subsidy takes the form of a 20 year premium on the market price of the electricity yield and is financed from the state budget.
The EU approves such aid in principle if it serves to achieve energy policy objectives » at the least possible cost for taxpayers and without undue distortions of competition in the single market.« Denmark has committed itself to the EU to reach a 30% share of renewable energies in gross final energy consumption by 2020. Independently of this, the country has set itself the target of a 50 percent share of renewable energies by 2020 and complete independence from fossil fuels by 2050.