ClusterRECenterFeb

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Cluster... February 2009

Denmark – the Center for Renewable Energy Looking to locate in an internationally competitive renewable energy cluster? Looking for world class R&D capabilities? Looking for access to one of the world’s most innovative talent pools? Looking for a green laboratory for your climate solutions? … then have a look at Denmark!

Renewable energy or sustainable energy is high on all agendas and likely to stay there for a long time. The stable supply of energy is one of the major engines for growth, innovation and economic development now and in the future. The present forecast of future limited oil and natural gas supply in combination with the global climate change has increased focus on renewable energy technologies worldwide. Denmark has a strong position as one of the most innovative countries in renewable energy technologies. In 2007 renewable energy's share of gross energy consumption was 17% and electricity generation based on renewables comprised 29%. Unique business value proposition

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Government dedication for Denmark to be among the world’s leading renewable energy countries World Class research providing excellent innovation in renewable energy International orientation and holistic mindset of employees within the sector Nationwide state-of-the-art energy system Excellent cluster collaboration between companies, universities and public administration

Cluster highlights Vestas Siemens Wind power Topsoe FuelCell Novozymes Dong Energy Vattenfall Grundfos Danfoss

Headquarters and Global R&D. The largest manufacturer of wind turbines in the world Headquarters and Global R&D World leading catalytic development and production of catalysts and high temperature fuel cells The world leader in bioinnovation Leading energy group in Northern Europe - from generation to trading The largest generator of heat in Europe and the fourth largest producer of electricity State-of-the-art energy-efficient pumps Thermostatic valves, refrigeration compressor units and micro heat and power units


Denmark – the Center for Renewable Energy

A unique framework for Renewable Energy development

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More than 30,000 employees in the cluster 8 universities and 7 science parks Several global companies have R&D centres in Denmark Focus on demonstration projects Strong branch organisations - Danish Energy Industries Association, Danish Wind Power Association, VE-Net

Innovation, research and user involvement

Denmark holds a strong position in all aspects of renewable energy – generation, storage, infrastructure and efficiency with a high degree of innovation in all areas. This is mainly due to a long tradition of user-centred innovation in a fruitful cooperation between companies, universities and public authorities, backed up by extensive public funding. Smart energy system integration

The integration of different energy systems to complement each other is a key element for increasing the share of renewable energy in the total system, and Denmark is looking into various options. Cogeneration, heat pumps, district heating using otherwise wasted energy, an effective international trade market for electricity, wind power plants with a grid control strategy - & management and tests of electric vehicles are some examples. Areas of Business Excellence Wind – Denmark is the global wind power hub and major global wind turbine manufacturers have established R&D

and innovation centres in the country. The interaction with all parts of the value chain and user-driven innovation makes the cluster second to none globally. More than 30% of the wind turbines globally were in 2007 supplied by Danish-based companies. Fuel cells – Storage technology, fuel cell technology, system integration and applications are Danish strongholds.

In fuel cells for example, Denmark has a strong R&D community whose work is of high scientific value and market relevance. Furthermore, Denmark offers a cluster of companies which are efficient market- and system integrators. Bioenergy – Denmark avoids waste of energy wherever possible. Therefore, secondary agricultural biomass that would

otherwise be wasted is used extensively for energy production. Most is used for combined district heating and electrical power generation. Danish research is at the forefront in bioenergy with several competitive second generation biofuel production technologies for both bioethanol and biodiesel. Denmark has a number of full-scale second generation biofuel demonstration plants. Denmark and Renewable Energy - from a global perspective

• No. 1 in the world for wind power - covers 20% of electricity consumption (2007) • 17% of energy from renewable sources (2007) (Danish Energy Authority) • While GDP has grown by 78% since 1980, adjusted energy consumption has grown by only 7.4% (2007) (Danish Energy Authority) • Top league in productivity (World Competitiveness Report, IMD 2007) • Top league in innovation (IMD 2007)

Whether your company considers to relocate, consolidate, set up new ­production facilities, is on the lookout for new innovation partners or other strategic business solutions in Europe, Invest in Denmark is a good place to begin. We provide customised information and ­services free of charge and in full ­confidentiality.

Invest in Denmark 2, Asiatisk Plads DK-1448 Copenhagen K Tel. +45 33 92 11 16 Fax +45 33 92 07 17

The information stated in this fact sheet may contain errors or omissions. Invest in Denmark and our co-operation partners disclaim any and all liability for any loss or damage caused by such errors or omissions.


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