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.
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.