Energy Central Professional


Denmark: Finance Minister announces new green fund

M-Brain Nordic News  


    Denmark's Finance Minister Nicolai Wammen has announced the creation of a new green fund worth DKK 53.50bn (EUR 7.19bn USD 7.59bn), which will be used to invest in renewable energy, the expansion of offshore wind energy and new green technologies including CCS and PtX in 2024-2040. The parties also agreed to reduce the electricity tax temporarily in the last quarter of 2022 and in 2023. The reduced electricity tax is expected to cost the Danish state DKK 475mn and is part of a wider deal which aims to compensate the public for increasing living costs. The tax is cut by DKK 0.04 per kWh.


Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.