Bruun & Hjejle updates

Recommendations for new energy policy
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • July 10 2017

The government-established Energy Commission recently filed its recommendations for the future energy policy. The commission's report forms part of the policy preparation for the next stage of Denmark's green transition. The central message of the recommendations is that to reach the goal of a low-emissions society by 2050, an ambitious and long-term energy policy must be established by 2020.

Reasonable return on invested capital in heating supply sector
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • April 10 2017

In several energy supply industry sectors, profits are allowed only as a reasonable return on invested capital subject to regulatory control. This applies, for example, to the electricity distribution, gas distribution and heating supply sectors. The Danish Energy Regulatory Authority is in the process of establishing new methods and principles for determining a reasonable return on invested capital across the different sectors.

Plan for financial regulation of electricity distribution
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • December 05 2016

The government recently came to an agreement with a majority of Parliament concerning the financial regulation of electricity distribution companies. The agreement is the first step towards the government's new energy supply strategy. However, its details remain vague, including with regards to general and individual optimisation requirements.

Optimisation potential and privatisation in energy supply sector
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • September 12 2016

McKinsey & Company recently delivered a report analysing the optimisation potential in the energy supply sector as part of the government's anticipated energy supply strategy. The report covers district heating, waste incineration, electricity distribution, gas distribution and water supply, and concludes that there is potential for optimisation of between Dkr5.9 billion and Dkr7 billion annually across these sectors.

Denmark commits to closer energy cooperation with North Sea countries
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • July 04 2016

The Danish government recently joined other North Sea countries and the European Commission in a common declaration to support further offshore energy development through a detailed programme and structured cooperation between the countries. The aim of the commitment is to create improved conditions for the development of offshore wind energy and ensure a sustainable, secure and affordable energy supply in the North Sea region.

New Energy Commission focuses on market-based and cost-effective energy policy
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • April 25 2016

The government recently launched the Energy Commission, a body intended to prepare recommendations for the objectives and actions of Danish energy policy from 2020 to 2030. The commission will contribute to Denmark's aim of meeting its international obligations on climate change in a cost-effective and market-based manner and is expected to publish its recommendations in early 2017.

Recommendations for new gas sector regulation
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • February 29 2016

The government set up an interdepartmental working group to examine the regulation of the gas supply sector in 2014 with the aim of rethinking regulation in order to encourage a more competitive gas sector and ensure the efficient and competitive distribution of gas in Denmark. An efficient gas sector is expected to result in lower gas prices for consumers and increase competitiveness.

New subsidy scheme for electricity-intensive businesses
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • November 02 2015

A new subsidy scheme for electricity-intensive businesses recently came into force, which offers companies financial support to cover part of the public service obligation (PSO) fee for electricity consumption. Its main objectives are to ensure that PSO payments do not affect the competitiveness of electricity-intensive businesses while also promoting their energy efficiency.

Support scheme for testing new offshore wind technology
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • August 03 2015

The Danish Energy Agency recently called for applications for offshore testing of new technologies relating to the establishment and operation of wind energy production. Turbines in test projects will receive financial support guaranteeing a price of Dkr0.70 per kilowatt-hour produced and sold. Support is available for tests of any kind of new technology that could reduce capital or operating expenditure.

Combining national subsidy schemes for renewable energy
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • May 05 2015

Many European countries have introduced subsidies or levies as incentives for a transition from fossil fuels to renewable energy sources. Combining different countries' incentive programmes may be possible to optimise investments in renewable energy production. One such possibility has been to combine the use of Danish subsidies for wind farms with the UK levy exemption certificates scheme.

Subsidy schemes for wind farms
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • March 02 2015

Denmark aims to produce 100% renewable energy by 2050. Wind turbines are part of the plan to secure a more eco-friendly energy policy. There are different subsidy schemes for onshore and offshore wind turbines; the schemes also differ between turbines established under open-door procedures and turbines established as the result of government tenders.

Recommendations for new electricity sector regulation
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • December 15 2014

The Committee for the Regulation of Electricity was set up to examine the regulation of the electricity supply sector. Its purpose was to offer the electricity sector incentives to convert to green energy and operate cost effectively; and ensure efficient competition and consumer protection. The committee recently submitted its 16 main recommendations and 100 specific recommendations and evaluations to the government.

Funding for partnerships promoting electricity, gas and hydrogen in transport
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • August 18 2014

The Danish Energy Authority has initiated a new round of applications for funding for the establishment of partnerships to promote the use of electricity, gas and hydrogen in transport. For 2014 to 2015, a total of Dkr33 million has been allocated to support partnerships working to promote green transport. The goal is to create a lasting increase in the prevalence of energy-efficient vehicles.

New oil and gas strategy and licences in the North Sea
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • May 12 2014

The government has opened the long-awaited seventh licensing round for new oil and gas licences in the Danish parts of the North Sea. At the same time, the government initiated work on the preparation of a new oil and gas strategy to ensure the effective exploitation of oil and gas resources in the North Sea. The strategy will be based on an analysis of the status of the industry.

New supply obligation for electricity retailers
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • March 03 2014

The Energy Agency recently released a legislative proposal introducing a general supply obligation for all electricity retailers that provide electricity to household consumers. The supply obligation aims to guarantee all household consumers the legal right to be supplied with electricity at reasonable, transparent and non-discriminatory prices, in accordance with the EU Electricity Directive.

Seventh licensing round for North Sea oil and gas exploration due
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • November 25 2013

The Energy Agency is expected to launch the seventh licensing round for oil and gas exploration and production licences in the North Sea shortly. The licensing round will be carried out by a public call for tenders. The deadline for the submission of tenders is likely to be April or May 2014, with the final award of licences taking place in early Autumn 2014, but there is still considerable uncertainty as to the final timeline.

Expansion of wind farms targets near-shore areas
Bruun & Hjejle
  • Energy & Natural Resources
  • Denmark
  • September 16 2013

Danish energy and climate policy is focused on the long-term goal of the total energy demand being met by renewable energy sources by 2050. Following Parliament's recent approval of the new Energy Agreement, plans are in place to extend the existing capacity by 2,000 megawatts before 2020. The existing large offshore projects (sited far away from the shore) will be combined with small near-shore projects.

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