Montreal climate deal forecast to increase Danish energy technology exports  

2005.12.13
The new global climate agreement which was entered at the UN conference in Montreal, Canada on 9 December is expected to result in increased exports of Danish wind turbines and energy technology

The new global climate agreement which was entered at the UN conference in Montreal, Canada on 9 December is expected by Danish chief executives and industry experts to result in increased exports of Danish wind turbines and energy technology. At the conference, Kyoto Protocol signatories agreed to extend the treaty on emissions reductions beyond its 2012 deadline.

Ditlev Engel, managing director of Vestas Wind Systems, the world's largest wind turbine manufacturer, comments: "The agreement is positive and we can only be pleased with it. We must assume that it is an expression of a wish to continue to concentrate on forms of energy which do not put a strain on the environment, including wind turbines".

Anders Stouge, sector director at the Confederation of Danish Industries expects the agreement to lead to a growth in the wind turbine industry. He also sees significantly strengthened export opportunities for Danish technology regarding traditional power stations. Companies such as Elsam and Energi E2 are running some of the world's most efficient power stations where fuel is converted into energy at 47-49% efficiency. In comparison many Chinese power stations are reportedly operating at 30% efficiency.

In addition, Denmark has specialised knowledge in energy efficiency improvement in areas including insulation, thermostats and energy friendly pumps. The Danish corporate sector currently exports energy technology and equipment worth DKK 35 bn (USD 5.6 bn) annually, a figure which has doubled since 1996. The news was reported by financial daily newspaper Børsen.

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