Export boom for Denmark's wind energy industry  

2007.07.26
New statistics from Denmark's wind energy industry show that exports from this sector now account for more than half of all Danish energy technology exports
New statistics from Denmark's wind energy industry show that exports from this sector now account for more than half of all Danish energy technology exports. And export revenues are growing apace: in 2006, exports of wind turbines, components and know-how totalled DKK 26.6 bn (USD 5 bn), a 41% rise on the 2005 figure of DKK 18.8 bn (USD  3.5 bn).
 
According to Danish Wind Industry Association director Bjarne Lundager Jensen, the figures evidence the far-sightedness of the political decision taken years ago to invest in wind power for the domestic market, which now provides a shop window for demonstrating to customers worldwide that the technology works in practice.
 
Total revenues from the wind energy industry domiciled in Denmark were an estimated DKK 32.8 bn (USD 6 bn), up 36% on the 2005 figure of DKK 24.1 bn (USD 4.4 bn). On a global level, total 2006 revenues were DKK 48.6 bn (USD 9 bn), up 25% on last year's figure.
 
Danish Wind Industry Association economist Rune Moesgaard comments that the difference in revenue growth between Denmark and the rest of the world can be attributed to the fact that industry investments in production facilities abroad have in many instances yet to reach their full potential.
 
The news was reported by NewsMarket.
 

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