EC approves 3 Danish renewable energy schemes

- The schemes will help Denmark boost the share of electricity produced from renewable energy

The European Commission (EC) has approved, under EU State aid rules, three schemes to support electricity production from wind and solar in Denmark in 2018 and 2019, the Commission announced on Friday.

Denmark has a goal of supplying 50 percent of its energy consumption from renewable energy sources by 2030, the EC noted, adding that the country aims to become independent from fossil fuels by 2050.

'In line with this goal, the Danish authorities will implement three measures supporting renewable energy,' the commission said.

One of those schemes is the Multi-Technology Tender Scheme for Onshore and Offshore Wind Turbines and Solar Installations, with a budget of DKK 842 million (€112 million).

'The beneficiaries of the aid will be selected through two tenders organized in 2018 and 2019, with the different technologies competing with each other. The selected installations will offer their electricity on the market and receive support in the form of a premium on top of the market price (top-up payment),' the EC said.

The second scheme is called Aid Scheme For Onshore Wind For Test and Demonstration Projects outside the two national test centers for large wind turbines, with an expected budget of DKK 200 million (€27 million).

The third - Transitional Aid Scheme For Onshore Wind has a budget of DKK 40 million (€5 million).

The aid for the three schemes, which are financed from the state budget, will be granted for a period of 20 years from the time of connection to the grid, the EC said.

The Commission concluded that the measures would help Denmark boost the share of electricity produced from renewable energy sources, in line with the environmental objectives of the EU, while any distortion of competition caused by the state support is minimized.

By Ebru Sengul

Anadolu Agency

energy@aa.com.tr