Denmark obtains top position and AAA score in energy sustainability ranking
25 April 2014
Society and living
Denmark ranks second globally and achieves an AAA rating for its ability to balance the ‘energy trilemma’ in the latest Energy Sustainability Index published by the World Energy Council (WEC).
The ranking by the WEC, an UN-accredited global energy body, assesses 129 countries on their ability to meet the triple challenge of the energy trilemma: energy security, energy equity (affordability and access) and environmental sustainability.
The Energy Sustainability Index is the world’s most comprehensive ranking of countries on their energy sustainability performance and forms a key part of the WEC’s annual World Energy Trilemma study.
-The rankings reveal most countries struggle to balance their energy goals, with Denmark, Switzerland, Sweden, Spain and the United Kingdom being the only countries having achieved ‘AAA’ ratings under our study’s scorecard system, says Joan MacNaughton, Executive Chair of the World Energy Trilemma study.
Efficient Danish energy policy
Denmark has improved its performance on all three energy trilemma dimensions and moved up three places from its 2012 position.
-By focusing on low-carbon energy sources and energy efficiency, Denmark has shown how it is possible to improve performance and move up the world rankings. The ambitions in Denmark’s 2012 Energy Agreement provide a sound platform for further improvement in the future, says Ms. MacNaughton.
For Denmark, energy equity, the least strong of the three energy dimensions, has improved across the board as energy becomes more affordable in the country. Energy security remains the strongest energy dimension. Despite a decline in oil stocks, continued efforts to enhance the diversity of the electricity generation portfolio should help Denmark meet its future energy demand. Continued efforts to minimise the impact on the environment also pay off as energy and emission intensity improve.
Download the current report here: World Energy Trilemma: Time to get real – the case for sustainable energy investment