Economy of Denmark - Energy

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:

    Viewed narrowly, all life is universal hunger and an expression of energy associated with it.
    Mary Ritter Beard (1876–1958)

    Parents find many different ways to work their way through the assertiveness of their two-year-olds, but seeing that assertiveness as positive energy being directed toward growth as a competent individual may open up some new possibilities.
    Fred Rogers (20th century)

    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)