Friday, September 10, 2004

Europe: Alternative Energy Denmark


Copenhagen Business School

Mogens Lykketoft, leader of Danish opposition party the Social Democrats, has proposed increasing the percentage of energy in Denmark produced from renewable energy sources.

By 2015, the Social Democrats have set a goal of doubling the amount of renewable energy used for electricity generation from 20% to 40%.

Lykketoft proposes investing approximately $820 million dollars in developing alternative energy technology including solar power and wave power. The party are also in favour of a major increase in Danish wind power production.

Copenhagen Post Article

2 Comments:

Anonymous Anonymous said...

Sorry ..I think your figure of $820 is grossly exaggerated. could you verify it
Thanks
Harold

12:34 a.m., September 12, 2004  
Blogger James said...

My figure or the figure from the Copenagen Post?

I converted 672 million euros into U.S. dollars using Oanda.com

Remember it is a proposal by a party not currently in power NOT an actual amount of money spent.

12:47 p.m., September 12, 2004  

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