Energy
Denmark has considerable sources of oil and natural gas in the North Sea and ranks as number 32 in the world among net exporters of crude oil. Additionally, Denmark is a long time leader in wind energy, and as of May 2011 Denmark derives 3.1% of its gross domestic product from renewable (clean) energy technology and energy efficiency, or around €6.5 billion ($9.4 billion). It has integrated fluctuating and unpredictable energy sources such as wind power into the grid. Denmark now aims to focus on intelligent battery systems (V2G) and plug-in vehicles in the transport sector.
Read more about this topic: Economy Of Denmark
Famous quotes containing the word energy:
“The scholar may be sure that he writes the tougher truth for the calluses on his palms. They give firmness to the sentence. Indeed, the mind never makes a great and successful effort, without a corresponding energy of the body.”
—Henry David Thoreau (1817–1862)
“The tendencies of the times favor the idea of self-government, and leave the individual, for all code, to the rewards and penalties of his own constitution, which work with more energy than we believe, whilst we depend on artificial restraints.”
—Ralph Waldo Emerson (1803–1882)
“Children are intensely invested in getting their way. They will devote more emotional and intellectual energy to winning arguments than parents ever will, and are almost always better rested.”
—Jean Callahan (20th century)