Danish exports of energy technology all-time high

Danish exports of energy technology are up 10.7% compared to 2013, totalling 9.9 billion Euro. Exports of green energy technology are growing in particular.

Danish exports of energy technology reached an all-time high in 2014, totalling EUR 9.9 billion. This is an increase of 10.7% compared to 2013. In comparison, Danish overall exports rose by 0.6%.

These are some of the findings, according to new 2014 export figures for energy technology released by the Danish Ministry of Climate, Energy and Building, DI Energy and the Danish Energy Association.

Green energy technology leaders

Exports of green energy technology are growing in particular. In 2013, green technology exports grew by 15.4% and currently stand at EUR 5.8 billion. Exports of other energy technology reached EUR 4.1 billion in 2014, which is an increase of 4.8% compared to 2013.

“Danish businesses are market leaders in green energy technology. Demand for green solutions from Denmark increases every year. Denmark’s ambitious climate policy has contributed to ensuring that Danish businesses are in a strong position,” said Minister of Climate, Energy and Building Rasmus Helveg Petersen.

Exports of energy technology constituted 12% of Denmark’s total exports of goods in 2014. This is also a record and shows that the production of energy technology is becoming increasingly important for the Danish economy.

Germany is by far the largest buyer of Danish energy technology followed by the United Kingdom, Sweden and the United States.

Source: the Danish Ministry of Climate, Energy and Building