The government's ambition is to make Denmark a green frontrunner in global climate action that inspires and encourages the rest of the world. Our goal is 70% emission reductions by 2030 and climate neutrality by 2050. This means that by 2050 Denmark should be able to produce enough renewable energy to cover the total Danish energy consumption.
Decreasing emissions and committing to independence from fossil fuels means committing to increasing production and consumption of renewable energy. In addition, our electricity consumption is increasing, the impact of digitalization is surging, and new products and markets, such as flexibility services, are introduced. Changes, which increases the complexity of the energy system and challenges the goal of maintaining a high level of supply security.
Energy infrastructure
Denmark is connected with gas pipelines and power lines and cables that transport energy from the production sites to the consumption sites in the same way as our road network brings us across the country. Just as Denmark is connected to its neighboring countries by roads and bridges, our electricity and gas markets are connected to our neighbors through international interconnections.
As the electrification increases in Denmark, we continuously have to expand, renovate and adapt our energy infrastructure to maintain a high security of supply and ensure efficient integration of renewable energy. Today an integrated infrastructure and international interconnections to our neighboring countries contribute to high security of supply.
Cooperation with our Nordic neighbors and an efficient EU-regulation is crucial to ensure and maintain a high security of supply. The international interconnections are of vital importance to Denmark. They ensure a cost-efficient usage of production capacity in Denmark and abroad, and they reduce costs related to ensuring sufficient supply of energy to Danish consumers.