Tuesday, June 29, 2004

Denmark to Renationalize Transmission Grid

Denmark is to renationalize its power transmission grid to allow fairer access conditions to wind and distributed generation.

Broad agreement was reached at the end of March between parties of the ruling coalition in Denmark on a transfer of ownership of the electricity grid from the present grid system operators, ELTRA and Elkraft, to a new state-owned enterprise, EnergiNet Danmark, as of January 2005. The present operators will not receive any remuneration from the state.

Minister for Economic and Business Affairs in Denmark, Bendt Bendtsen, commented: 'This is a far-sighted agreement to provide the necessary conditions for an energy market which should function more smoothly in future. The whole electricity grid in Denmark will belong to the government, ensuring that it is open to all users of the network on equal footing. On my part it is also important to point out that this agreement provides a stable framework for investors in the Danish electricity market.'

Preben Maegaard of the Folkecenter for Renewable Energy and President of the World Wind Energy Association described as 'sensational' the decision to nationalize the high-voltage power transmission system in order to allow all users equal access to the grid.

Measures will also...(Full Story)

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