Danish Government launches Smart Grid Strategy

The new Smart Grid Strategy brings Danish consumers a significant step closer to managing their own energy consumption.
The strategy combines electricity meters, read on an hourly basis, with variable tariffs and a data hub. This will enable consumers to use the power when it is least expensive.

“We have set the course for developing a smart energy network that will reduce the cost of converting to sustainable energy, cut electricity bills and create brand new products that consumers will welcome,” says Minister of Climate, Energy and Building Martin Lidegaard.

Global Frontrunner in Smart Grid Technology
Currently leading the EU in research, development and demonstration of smart grid projects, Denmark can use this holistic new strategy to seize the unique chance to become a global frontrunner in a market expected to be worth billions of euro over the next 10 to 15 years.

“The many ground-breaking smart grid initiatives underway in Denmark are attracting widespread international attention. The Government’s Smart Grid Strategy is another vital step towards developing new products and digital services for the smart energy network. Denmark is a leader in this area and it brings with it the potential for exports as well as employment,” says Hans Peter Slente, the director of the Danish Energy Industries Federation.

Paving the way for the future
Encouraging consumers to use energy more efficiently is a key aspect of the strategy. The remote-read electricity meters are crucial if consumers are to play a role in optimising a flexible energy network.

“The strategy underlines that action is required to underpin energy policy and the Government’s economic stimulus package, so that we can roll out remote-read meters to all power consumers. Businesses are ready. The next major challenge will be to regulate electricity companies to prompt investment in the smart grid. This is something that will need to address as part of the current overhaul of electricity regulation,” says Anders Stouge, Deputy General Director of the Danish Energy Association.

Minister of Climate, Energy and Building Martin Lidegaard is pleased with the support shown by businesses for the core elements of the new strategy, he says:

“One of Denmark’s strengths is that lawmakers, companies and NGOs join forces in support of long-term goals. This can make Denmark into a unique laboratory and role model for other countries.”

Read the original press release here