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Denmark to subsidise geothermal as part of its 100% renewables goal

Denmark to subsidise geothermal as part of its 100% renewables goal Viborg, Jutland in Denmark (source: flickr/pe_ma, creative commons)
Francisco Rojas 17 Nov 2014

Denmark is targeting a fossil fuel free country by 2050 and is relying on increasing energetic efficiency alongside with subsidies to renewable energy.

Denmark is making further developments to encourage and foster the growth of renewable energy in the country. For starters, it is planning to achieve a 100% of renewables by 205o, which is a daring move in itself, and in order to do so, it plans to provide subsidies to green energy.

According to a local news source “Industrial heating and cooling is also a major part of the plan. Biomass will be substituted for coal on a large scale, for both heating and electricity. Subsidies will be provided for geothermal energy. Also included are subsidies for energy efficient production processes, combined heat and power (CHP) applications, biogas, and smart grid”

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Source: Just Means