Denmark

Index rank 02

Balance Score

AAA

Energy Sustainability Index Rankings and Balance Score

 2011  2012  2013  Trend Score
Energy Performance  4  5  2   
Energy Security  3  5  3  A
Energy Equity  28  34  25  A
Environmental Sustainability  16  19  10  A
         
Contextual Performance  6  9  9   
Political Strength  3  3  3   
Societal Strength  6  15  15   
Economic Strength  22  25  21   
         
Overall Rank  2  5  2  AAA
Download CSV Download chart

Fossil Fuel Reserves

  Loading graph...

Key Metrics

Industrial sector (% of GDP) 22.1
TPEP / TPEC  (net energy exporter) 1.16
Emission intensity (kg CO2 per USD) 0.22
Energy affordability (USD per kWh) 0.38
GDP / capita (PPP, USD); GDP Group 37,341 (I)
Energy intensity (million BTU per USD) 0.10
CO2 emissions (metric tons CO2 per capita) 7.31
Population Access to Electricity (%) 100.0
Download CSV

Index Commentary

With improvements in performance on all three energy dimensions, Denmark moves up three places to rank second overall in this year’s Index. As one of the top Index performers, Denmark continues to balance all three sides of the energy trilemma well, providing its population with secure, affordable and environmentally-sensitive energy. Energy security remains the country’s strongest energy dimension. Despite a decline in oil stocks, continued efforts to further diversify the electricity generation portfolio leave the country in a strong position to meet future energy demand. Indicators of energy equity,which are the least-strong of the three Danish energy dimensions for Denmark, improve across the board as energy becomes more affordable for the Danish people. Continued efforts to minimise the country’s impact on the environment pay off as energy and emission intensity improve. Contextual performance is strong overall and very stable, with no noteworthy changes from last year.

Trends and Outlook

In March 2012 a new Energy Agreement was reached in Denmark. The Agreement contains a wide range of ambitious initiatives, bringing Denmark closer to reaching the target of 100% renewable energy in the energy and transport sectors by 2050 by committing to large investments up to 2020 in energy efficiency, renewable energy and the overall energy system. Targets to reach by 2020 include approximately 50% of electricity consumption supplied by wind power, and more than 35% of final energy consumption supplied from renewable energy sources.

To overcome the challenges and reach its ambitious targets of becoming independent of fossil fuels and reducing CO2 emissions, Danish policymakers are focusing on the implications of: being fossil fuel free for the transport sector; the future role of the Danish natural gas grid; and the introduction of huge amounts of fluctuating renewable energy in the electricity grid.