Denmark

Cadeler secures two offshore contracts worth €500mn in wind energy

Danish group Cadeler has signed two contracts for the transport and installation of offshore wind turbine foundations and units worth a combined €500mn, subject to a final investment decision by the client.

Uniper shuts down Karlshamn-2 after failure of Swedish winter backup scheme

The shutdown of Karlshamn-2 removes 335 MW of heavy fuel oil capacity from southern Sweden, exposing the limits of a strategic reserve model approved but inoperative, and increasing pressure on winter supply security.

Vestas boosts quarterly profit and announces €150mn share buyback

The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.
en_1140661138540

Aegir Insights expands Aegir Quant™ to hybrid, solar and storage assets

Danish firm Aegir Insights extends its Aegir Quant™ platform to onshore wind, solar, storage and hybrid assets, strengthening its investment intelligence offering for developers and investors.

Ørsted deepens losses in the third quarter despite major fundraising

Danish offshore wind giant Ørsted reported a net loss of 1.7 billion kroner in the third quarter, despite a $9.4 billion recapitalisation aimed at strengthening its balance sheet and stabilising operations.

Denmark launches a 20 MW low-carbon hydrogen plant in Fredericia

The HySynergy I plant produces eight tons of hydrogen per day from renewable energy and marks a new milestone in the deployment of low-carbon hydrogen in Europe, with medium-term expansion projects.
en_114041127540

Schneider Electric bets on e-methanol to strengthen industrial partnerships in Canada

Schneider Electric Canada aims to bring its Danish e-methanol plant model to the Canadian market, leveraging advanced automation to support new partnerships with heavy industry sectors.

Poland: Orlen Consolidates Gas, Targets Regional Hub Without Liberalization

Poland’s gas market remains highly concentrated around Orlen, which controls imports, production, and distribution, while Warsaw targets internal and regional expansion backed by new infrastructure capacity and demand from heat and power.

Carbon removal investments hit $1 billion despite high operating costs

The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.
en_1140271051540

Italian court approves extradition of Ukrainian suspect in Nord Stream case

An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.

Siemens Gamesa suspends wind turbine plant project in Esbjerg due to lack of visibility

Faced with market uncertainty in Europe, Siemens Gamesa pauses a planned industrial investment in Esbjerg, highlighting structural difficulties in the offshore wind sector.

EU approves ban on Russian gas imports by end of 2027

European Union member states have approved the principle of a full ban on Russian natural gas imports, set to take effect by the end of 2027.
en_1140201033540

Finland leads race to host first Nordic fusion reactor, report finds

A technical study commissioned by Novatron Fusion Group identifies Finland as the most prepared country to host a fusion reactor, despite favourable conditions across the Nordic region.

FairWind acquires Cosmic Group to strengthen wind energy presence in Asia-Pacific

The acquisition of Cosmic Group by FairWind consolidates its position in Australia and marks a strategic expansion into New Zealand and Japan.

Vestas suspends wind turbine plant project in Poland amid market weakness

Danish manufacturer Vestas has paused construction of its planned facility in Poland, originally set for 2026, citing weaker-than-expected European offshore wind demand.
en_1140190964540

Copenhagen Infrastructure Partners sells 50% of Coalburn 2 to AIP Management

Danish fund Copenhagen Infrastructure IV transfers half of its stake in the UK-based Coalburn 2 project to AIP Management, strengthening AIP's energy storage portfolio in the United Kingdom.

Maersk and CATL enter global strategic partnership for energy logistics

Maersk and CATL have signed a strategic memorandum of understanding to strengthen global logistics cooperation and develop large-scale electrification solutions across the supply chain.

Orsted cuts 2,000 jobs and refocuses on strategic markets

Danish group Orsted will cut a quarter of its workforce by 2027 and reduce its exposure to the United States, relying on a $9.4 billion recapitalisation to consolidate its development in Europe and Asia.
en_1140101067540

Tusk refuses to hand over Ukrainian suspect to Germany over Nord Stream sabotage

Polish Prime Minister Donald Tusk said it was not in Poland’s interest to extradite to Germany a Ukrainian citizen suspected of taking part in the explosions that damaged the Nord Stream gas pipelines in 2022.

Denmark strengthens maritime controls at Skagen Strait amid Russian shadow fleet activity

Denmark is intensifying inspections of ships passing through Skagen, a strategic point linking the North Sea and the Baltic Sea, to counter the risks posed by the Russian shadow fleet transporting sanctioned oil.

Nord Stream, 4th leak identified

In the Baltic Sea, a fourth leak has been identified above the Nord Stream gas pipelines targeted by alleged sabotage.

Nord Stream, the Hypothesis of Sabotage

After two explosions affecting Nord Stream, the theory of sabotage is favored and the hypotheses are multiplying.

Biden must say whether the US is behind the Nord Stream leaks

Russian diplomatic spokeswoman asks Biden to say whether the US is behind the Nord Stream leaks.
Sans-titre-2022-09-28T141751.136

Nord Stream, an inspection in “one to two weeks

The inspection of the Nord Stream pipelines that were deliberately damaged by explosions will not be possible for one to two weeks.

Nord Stream Leaks: EU Promises “Firmest Response” to “Sabotage

The Nord Stream pipelines were both hit by spectacular leaks preceded by underwater explosions.

Denmark Reduces Electricity Taxes

In response to the energy crisis, Denmark is drastically reducing taxes on electricity. This measure will cost 470 million euros.
Sans-titre-2022-09-26T114617.965

TenneT launches North Sea Tender

TenneT announces a tender for large-scale HVDC cables for offshore network connections in the North Sea.

700.000 Jobs thanks to Renewable Energies

Last year, despite the lingering effects of COVID-19, renewable energy created 700,000 jobs.

A Global Alliance for Offshore Wind

GWEC, IRENA and Denmark launch a new global alliance for offshore wind to promote its adoption.
energynews_thumb

Minesto launches its second tidal power plant

Minesto commissions Dragon 4, its second tidal power plant. It contributes to the objectives of the energy transition.

TotalEnergies Collaborates with DTU

TotalEnergies will build an offshore wind research center in partnership with the Technical University of Denmark (DTU).

Finland Supports the Electricity Sector

Finland adopts a 10 billion euro support plan for the electricity sector to relieve companies in the sector.
Sans-titre-2022-09-14T155228.298

Energinet and Gasunie focus on Hydrogen

Energinet and Gasunie sign a memorandum of understanding to develop renewable hydrogen. They intend to participate in the energy transition of Germany and Denmark.

SPIE Wins a Maintenance Contract

SPIE wins a landmark contract to maintain all of TotalEnergies' offshore facilities in Denmark.

A Power-to-X plant in Esbjerg

European Energy announces the start-up of its Power-to-X plant in 2023. It will provide renewable hydrogen and heat.
energynews_thumb

Nordic Electricity Markets: the world’s leading RE integrator

The Nordic electricity markets, leaders in renewable energies (Denmark, Finland, Norway, Sweden), are ahead of the game for "net zero". Wind and solar will overtake hydroelectricity by 2038, despite growing demand.

Aker Carbon Capture joins the Greensand Initiative

Aker Carbon Capture is a partner in Denmark's Greensand project to transport and store CO2 in the North Sea.|Aker Carbon Capture is a partner in Denmark's Greensand project to transport and store CO2 in the North Sea.
akercarboncapture_energynews