What is a retail electricity bill in Denmark?

Retail electricity bills in Denmark comprise several components: Wholesale energy cost (“spot price”): This is the cost of electricity itself, set by the Nord Pool wholesale market. In 2023, about 48% of a typical household bill was the energy component. (This includes the Nord Pool spot price plus any small supplier margin.)

Where can I find information about energy in Denmark?

On the Danish Energy Agency’s website, you can find statistics and key figures on the subject of energy, e.g. energy prices.

How are energy services delivered in Denmark?

Some of the services are delivered through energy markets in Denmark (they are referenced in each of the subsections); certain are remu-nerated in other countries, e.g. in the US, or are not linked to any compensa-tion at all.

Where can I find current electricity prices in Denmark?

Green Power Denmark shows current electricity prices as well as solar and wind's share of Danish energy production. The figures originate from Energinet's Energy Data Portal. At Drivkraft Danmark, you can find both current prices and the historic price trend from 1970 onwards for e.g. petrol, diesel fuel for motor vehicles and oil.

Can energy storage units be installed in the Danish power system?

Elsystemansvar A/S (subsidiary of Energinet) has asked Ea Energy Analyses to analyse the benefits and main drivers for the installation of storage units in the Danish power system. This will supplement the technology aspects in the recent Technology Catalogue on Energy Storage (DEA and Energinet, 2019).

Should Denmark invest in energy storage?

Denmark has already invested in energy storage technologies, but there is room for expansion in these areas. By investing in energy storage, Denmark could improve the reliability of its wind energy supply and reduce the need for backup power from conventional power plants. Increased collaboration with neighboring countries