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The World Energy Council has revealed this years edition of the World Energy Trilemma Index with Denmark placed at the very top.
The World Energy Council’s definition of energy trilemma is based on three core dimensions: Energy Security, Energy Equity, and Environmental Sustainability of Energy Systems. Balancing these three goals constitutes a ‘Trilemma’ and balanced systems enable prosperity and competitiveness of individual countries.
Moving from third to first place, Denmark’s top ranking in the World Energy Trilemma Index demonstrates the potential of combining secure, equitable, and sustainable energy strategies.
The World Energy Trilemma Index has been prepared annually since 2010 by the World Energy Council. It presents a comparative ranking of 126 countries’ energy systems. It provides an assessment of a country’s energy system performance, reflecting balance and robustness in the three Trilemma dimensions.
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Denmark’s energy system is recognised for its ability to maintain a reliable and stable energy supply. The country’s long-term investments in renewable energy, particularly in offshore wind, have contributed significantly to its energy independence and security. Initiatives such as the Viking Link, an electricity interconnector between Denmark and the UK, underscore Denmark’s role in regional energy resilience.
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Ensuring that energy remains affordable and accessible to its population has been a priority for Denmark. Policies that promote fair energy pricing and equitable access to energy resources, while transitioning to greener alternatives, have helped the country perform well in the equity dimension of the Trilemma Index. This approach balances market needs with social considerations, ensuring that the transition towards renewable energy sources does not come at the expense of consumers.
Denmark’s position in the sustainability dimension reflects its decades-long commitment to reducing carbon emissions and fostering renewable energy development. Denmark has been at the forefront of wind energy adoption and continues to implement policies aimed at enhancing energy efficiency and reducing environmental impact. These efforts contribute to Denmark’s leadership in meeting global climate goals, including those outlined in the Paris Agreement.
The World Energy Council is the world’s oldest independent and impartial community of energy leaders and practitioners. Formed in 1923, the Council has convened diverse interests from across the full energy ecosystem for a century, and today has over 3,000 member organisations and a presence in nearly 100 countries.
Read the Energy Trilemma Index 2024
