27 Apr '17, 3pm

Denmark to End All Renewable Energy Subsidies

Denmark to End All Renewable Energy Subsidies

After more than four decades of relying on subsidies, Denmark’s renewable energy industry is ready to survive on its own much sooner than anyone expected. The Danish energy minister, Lars Christian Lilleholt, says that “in just a few years,” renewable energy providers won’t need state support anymore. He says it’s a development he couldn’t have imagined as recently as last year. “We’re now very close to arriving,” he said in an interview in Copenhagen on Monday, after receiving a set of recommendations from a government-appointed panel on Denmark’s energy future. The development marks a milestone. But it also comes at a time when the direction of global energy policies is in doubt, with U.S. President Donald Trump questioning the science behind global warming. He’s promised to revive America’s coal industry, and made clear he’s an enemy of wind power. Lilleholt says the ex...

Full article: http://www.renewableenergyworld.com/articles/2017/04/denm...

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