Report cover image

Denmark Power - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Publisher Mordor Intelligence Inc
Published Jul 04, 2025
Length 95 Pages
SKU # MOI20473565

Description

Denmark Power Market Analysis

The Denmark Power Market size in terms of installed base is expected to grow from 18.80 gigawatt in 2025 to 26.99 gigawatt by 2030, at a CAGR of 7.5% during the forecast period (2025-2030).

Growth is propelled by government-backed offshore wind tenders, rapid corporate renewable procurement, and the country’s emerging role as a Power-to-X export hub. Investments in grid digitalization, hybrid renewable installations, and battery storage keep momentum high even as onshore siting constraints tighten. The Denmark power market already integrates 58.7% wind in its generation mix, turning the grid into a living laboratory for flexible technologies and cross-border energy trade, Danish Energy Agency. Industrial electrification and data-center expansion add fresh demand, while large-scale energy-island projects promise surplus-power exports to mainland Europe. Policymakers continue to align carbon taxes, permitting reforms, and interconnector funding, reducing investor risk and underpinning the Denmark power market’s long-term trajectory.

Denmark Power Market Trends and Insights

Integration of Renewable Energy Targets

Sector coupling, storage, and 18 GW of planned offshore wind capacity make system-wide optimization the backbone of Denmark’s decarbonization model. Market Model 3.0 clarifies ownership rules for grid-supporting assets, unlocking private finance for batteries, hydrogen electrolyzers, and flexible demand. Surplus output during high-wind hours is increasingly steered into export lines, district-heating boilers, or Power-to-X plants, helping the Denmark power market reduce curtailment and stabilize prices.

Rising Corporate PPAs and Green Power Procurement

Denmark’s transparent certificate regime and stable contracts draw global brands into long-term PPAs. Better Energy’s 12 additional deals in 2024 and Bloomberg’s 15-year agreement with Ørsted exemplify a shift from compliance-driven buying toward strategic carbon-footprint control. This pipeline secures predictable cash flows for new renewable capacity and strengthens the Denmark power market against wholesale price volatility.

Grid Congestion in Western Denmark

Wind-rich Jutland often produces more power than its lines can carry eastward, triggering curtailment and undermining new-build economics. Energinet’s 172 km West Coast Connection will ease some pressure, yet completion stretches into the late 2020s, placing a near-term ceiling on renewable buildouts.

Other drivers and restraints analyzed in the detailed report include:

  1. Accelerated Offshore Wind Tender Pipeline
  2. Electrification of District Heating Networks
  3. Long Lead-Times for Sub-Sea HV Cables

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Wind’s 42.47% share in 2024 underlines its position as the anchor of the Denmark power market. The upcoming North Sea energy-island hub and incremental offshore rounds push installed wind beyond 18 GW by 2030. Solar’s 9% CAGR balances daytime generation, especially where rooftop PV feeds urban substations. The Denmark power market size for wind is projected to widen further as hybrid layouts pair turbines, batteries, and electrolysers near Bornholm, damping variability and opening revenue from ancillary services.Biomass and biogas keep a near-steady output by leveraging agricultural residues and district-heating compatibility. Gas and oil assets drop into reserve mode, supplying inertia and black-start capability when the wind calms. With coal fully retired, the Denmark power industry prioritizes grid-forming inverters, synchronous condensers, and battery-based virtual inertia, ensuring stable frequency without fossil plants.

The Denmark Power Market is Segmented by Generation (Wind, Solar PV, Biomass and Biogas, Hydro, Coal, and Natural Gas and Oil), Transmission and Distribution, and End-User Consumption (Utilities, Commercial and Industrial, and Residential). The Market Size and Forecast are Provided in Gigawatt (GW).

List of Companies Covered in this Report:

  1. Orsted A/S
  2. Vestas Wind Systems A/S
  3. Siemens Gamesa Renewable Energy SA
  4. Vattenfall A/S
  5. Energinet
  6. European Energy A/S
  7. Better Energy A/S
  8. Norlys Energy Trading
  9. Verdo A/S
  10. HOFOR
  11. SEAS-NVE Holding
  12. Bigadan A/S
  13. Arcon-Sunmark A/S
  14. Evida
  15. TotalEnergies Denmark
  16. Equinor Denmark
  17. Ostkraft Net A/S
  18. ABB A/S (Grids)
  19. Nexans Denmark
  20. NKT A/S

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

95 Pages
1 Introduction
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2 Research Methodology
3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Integration of Renewable Energy Targets
4.2.2 Rising Corporate PPAs and Green Power Procurement
4.2.3 Accelerated Offshore Wind Tender Pipeline
4.2.4 Electrification of District Heating Networks
4.2.5 EU-mandated Coal Phase-out Deadlines
4.2.6 Surplus-Power-to-E-Fuels Demand Pull
4.3 Market Restraints
4.3.1 Grid Congestion in Western Denmark
4.3.2 Limited Onshore Siting & Local Opposition
4.3.3 Long Lead-Times for Sub-Sea HV Cables
4.3.4 Scarcity of Skilled Wind-Turbine Technicians
4.4 Supply-Chain Analysis
4.5 Installed Capacity and Forecast (GW)
4.6 Regulatory Landscape
4.7 Technological Outlook (Grid Digitalisation, Flexibility Markets)
4.8 Porter's Five Forces
4.8.1 Threat of New Entrants
4.8.2 Bargaining Power of Suppliers
4.8.3 Bargaining Power of Buyers
4.8.4 Threat of Substitutes
4.8.5 Industry Rivalry
4.9 PESTLE Analysis
5 Market Size & Growth Forecasts
5.1 Generation (by Power Source)
5.1.1 Wind (Onshore and Offshore)
5.1.2 Solar PV
5.1.3 Biomass and Biogas
5.1.4 Hydro
5.1.5 Coal
5.1.6 Natural Gas and Oil
5.2 Transmission and Distribution (Qualitative Analysis)
5.3 End-User Consumption
5.3.1 Utilities
5.3.2 Commercial and Industrial
5.3.3 Residential
6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves (M&A, Partnerships, PPAs)
6.3 Market Share Analysis (Market Rank/Share for key companies)
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
6.4.1 Orsted A/S
6.4.2 Vestas Wind Systems A/S
6.4.3 Siemens Gamesa Renewable Energy SA
6.4.4 Vattenfall A/S
6.4.5 Energinet
6.4.6 European Energy A/S
6.4.7 Better Energy A/S
6.4.8 Norlys Energy Trading
6.4.9 Verdo A/S
6.4.10 HOFOR
6.4.11 SEAS-NVE Holding
6.4.12 Bigadan A/S
6.4.13 Arcon-Sunmark A/S
6.4.14 Evida
6.4.15 TotalEnergies Denmark
6.4.16 Equinor Denmark
6.4.17 Ostkraft Net A/S
6.4.18 ABB A/S (Grids)
6.4.19 Nexans Denmark
6.4.20 NKT A/S
7 Market Opportunities & Future Outlook
7.1 Offshore Wind Build-out & Hybrid Energy Islands
7.2 Power-to-X Electro-fuel Export Potential
7.3 Grid Flexibility & Battery Storage Markets

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us