Today, the Danish Minister for Climate, Energy, and Utilities presents the report âFrom Black to Green: A Danish Sustainable Energy Growth Storyâ as part of his participation in the multi stakeholder event âPartnering for Green Growthâ, P4G, hosted by the Republic of Korea.
Across the globe, policy makers and commercial entities are grappling with the challenge of how to transition from a power system based on fossil fuels to a renewable based one. The report dives into the complex challenges from Denmarkâs transition and offers positive and challenging lessons learned so far. The main conclusion is clear: with the right regulatory framework in place, it is not just possible but also vital for energy companies to transition to green energy, if they want to stay competitive and profitable going forward.