Those poor, impoverished Danes! :sarcasm:
SYNOPSIS: Country is only European nation to be net energy exporter.
Energy efficiency remains high
Gross energy consumption in Denmark fell from 2004 to 2005 by 1.8 per cent. This appears in the preliminary energy statistics for 2005 published by the Energy Authority today. This drop is primarily due to net exports of electricity in 2004 which were replaced by net imports in 2005, resulting in a fall in fuel consumption by Danish power stations.
With adjustments for fluctuations in temperature and foreign trade in electricity, gross energy consumption increased by 0.9 per cent in 2005. Given economic growth for the same period of 3.4 per cent, this increase demonstrates a clear improvement in energy efficiency. Energy intensity therefore fell by 2.4 per cent from 2004 to 2005. This means that each unit of gross domestic product required 2.4 per cent less energy in 2005 than in 2004.
As a result of the shift from net electricity exports to net electricity imports, actual CO2 emissions fell by 5.9 per cent from 2004 to 2005. With adjustments for fluctuations in temperature and foreign trade in electricity, total CO2 emissions rose by 0.6 per cent from 2004 to 2005.
More renewable energy
The preliminary energy statistics for 2005 show that consumption of renewable energy etc. in 2005 rose by 4.5 per cent. Consumption of biomass has grown in particular. Renewable energy etc. is accounting for an ever greater proportion of total energy consumption. In 2005, renewable energy etc. made up 15.8% of adjusted gross energy consumption, as opposed to 15.3% in 2004.
Greater energy production and net foreign exchange revenues
Total Danish energy production in 2005 broke all records at 1,311 PJ. This is 0.7 per cent more than in 2004. The production of crude oil fell by 3.9 per cent, while production of natural gas rose by 10.5 per cent. The increase in production of natural gas is due to greater exports of natural gas rather than changes in domestic consumption, which in fact fell.
In 2005, the degree of self-sufficiency was 155, meaning that in 2005, 55 per cent more energy was produced that consumed in Denmark. Today, Denmark is the only EU country with net exports of energy.
The price of crude oil on world markets rose dramatically in 2005. The average price of Brent crude rose from DKK 228 (approx. EUR 32) per barrel in 2004 to DKK 328 (approx. EUR 46) per barrel in 2005, a rise of 44 per cent.
The average Nord Pool price for Denmark rose by DKK 0.052 corresponding to 23.9 per cent in 2005. For households with an annual consumption of 3,500 kWh, the total consumer price for electricity rose from DKK 1.69 to DKK 1.75 or by 3.6 per cent in 2005.
The higher prices of crude oil and natural gas gave rise to record high net foreign exchange revenues. Net foreign exchange revenues from total energy trading were DKK 22.1 bn. (approx. EUR 3.0 bn.) in 2005 against DKK 17.8 bn. (approx. EUR 2.4 bn.) in 2004.
Fact sheet
A fact sheet is attached of the preliminary figures for 2005 for energy production and consumption as well as CO2 emissions and energy prices. Further information on the energy statistics is available on the Energy Authority website.
EDIT/END
http://www.evworld.com/view.cfm?section=communique&newsid=11996MODS: Press release, hence included in its entirety.