The Danish government set a new goal to source 55% of its total electricity from renewables by 2030. The plans also calls for the construction of three offshore wind farms with a combined capacity by 2,400MW by 2030.
The Danish government expects that offshore wind will be able to produce energy at market prices without subsidies within a few years. The first offshore wind farm will be constructed before 2027 and have a capacity of 800MW. In 2017, 43% of Denmark’s total electricity consumption was supplied by wind turbines, one of the largest shares in the world.