Tag: Denmark

DONG Energy to get out of oil and gas business

DONG Energy to get out of oil and gas business

DONG Energy to focus on offshore wind sector  By Nikolaj Skydsgaard and Jacob Gronholt-Pedersen COPENHAGEN, Nov 8 (Reuters) – Danish energy group DONG Energy plans to quit the oil and gas business to focus solely on offshore wind power, just five months after giving the impression it would maintain its presence in oil and gas […]

By November 8, 2016 0 Comments Read More →
DONG Energy converts its Studstrup plant to biomass from coal

DONG Energy converts its Studstrup plant to biomass from coal

DONG Energy plant to run on wood pellets Oct 10 (Reuters) – Denmark’s DONG Energy said it has converted one unit of its Studstrup power plant in Aarhus to run on wood pellets instead of coal, while the second unit will be mothballed, helping to reduce carbon emissions. The 1.3 billion crown ($195.7 million) conversion would […]

By October 10, 2016 0 Comments Read More →
Danish government says wind power became too expensive

Danish government says wind power became too expensive

Subsidies for wind power increased as power prices fell COPENHAGEN, May 13 (Reuters) – The Danish government said on Friday it wanted to scrap plans to build five offshore wind power farms as their output would become too expensive for consumers. The government estimates it would cost consumers 70 billion Danish crowns ($10.63 billion) to […]