The European Commission has approved a €5 billion (£4.35bn) scheme to support the development of offshore wind energy in Denmark.
It will support the construction and operation of two offshore wind farms – Hesselø and North Sea I Mid, which will have capacities of 0.8GW and 1GW respectively.
The combined annual production of the two wind farms will represent the equivalent of around 25% of total electricity production in Denmark in 2025.
The Commission found the Danish scheme meets the conditions of the Clean Industrial Deal State Aid Framework (CISAF) and accelerates the transition towards a net zero economy.
Teresa Ribera, Executive Vice-President for Clean, Just and Competitive Transition said: “With this €5 billion scheme, Denmark will be able to deploy offshore wind capacities faster, in line with the Clean Industrial Deal.
“It will also help Denmark and the EU to reduce their dependence on fossil fuels imports and enhance their renewable energy share, while ensuring that any potential competition distortions are kept to the minimum.”
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