Posts Tagged ‘Denmark’
Eight Baltic Sea electricity TSOs publish offshore system study to promote coordinated sea basin planning
The electricity Transmission System Operators (TSOs) of eight countries bordering the Baltic Sea today published the first comprehensive regional system study for offshore network infrastructure and offshore wind, marking a significant step toward coordinated sea basin planning in Europe.
The TSOs of Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland and Sweden – organised in the Baltic Offshore Grid Initiative (BOGI) – developed a study that moves from electricity transmission corridors to potential projects for the 2040-time horizon. The results show that the Baltic Sea region can become a clean energy hub, with around 13 GW of new cross-border interconnectors and up to 50 GW of additional offshore wind identified by 2040. These connections include point-to-point links between countries and strategic offshore nodes such as Bornholm, which could serve as future hybrid hubs. The market modelling indicates that these interconnectors would operate with high utilisation throughout the year and significantly reduce system costs, price peaks and CO₂ emissions.
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Originally published on 22 Jan
Read MoreEU Funding for the development of carbon capture, utilization and storage (CCUS) in the Øresund Region
Project financing from Interreg Øresund-Kattegat-Skagerrak will support the establishment of a cross-border collaboration platform aimed at accelerating the use of renewable energy through CCUS (Carbon Capture, Utilization, and Storage) in the Øresund region, paving the way for the production of sustainable fuels.
Building on a successful pre-project focused on mapping specific areas of action, the initiative now moves from analysis to implementation with a three-year project, bringing together Danish and Swedish strengths in a Center of Excellence. The ambition is to make CCUS an integrated, cross-border element of the energy system, where captured biogenic CO₂ is combined with green hydrogen and renewable energy to produce fuels for shipping and aviation.
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Originally published on 13 Jan
Read MoreLatvia’s Beneflo admitted to Visa’s VIPE European Innovation Programme
Eight financial technology companies from the Nordic countries have been admitted to the international payment technology company Visa’s European innovation programme, VIPE. Among them is Latvia’s Beneflo, which is developing an employee support solutions platform that simplifies the international allocation of various bonuses and benefits to employees using a Visa card and app.
In addition to Beneflo, the programme has also admitted Enable Banking from Finland, Kardio from Iceland, Juuli from Estonia, Ledyer and Betalo from Sweden, Beep from Italy, and Myver from Denmark.
The VIPE Baltic and Nordic programme is a pilot project–focused collaboration platform that aims to accelerate digital innovation in Latvia, Lithuania, Estonia, Sweden, Finland, Norway, Iceland, and Denmark. During the six-month programme, the startups involved will have the opportunity to develop their business ideas and innovations, implement pilot projects, build partnerships, and engage in networking activities with Visa partners worldwide.
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Originally published on 18 Dec
Read MoreLast post Denmark gives up its postal service
An unrelenting push towards digitalisation claims is most recognisable victim. Other iconic offline institutions should take note
Read MoreCybersafety in numbers Nordic-Baltic cyber consortium
Seven countries in the Nordic-Baltic region have agreed to pool their resources to stave off cyberattacks. Funded by the EU, hosted by Denmark, and with the participation of Estonia, Finland, Iceland, Latvia, Lithuania and Norway, the Nordic-Baltic Cyber Consortium will serve as a means for national cyber-security agencies in the seven countries to share information and to work together to develop new ways to counter cyberthreats.
The threat of cyberattack is not unique to the Baltic region, but the countries taking part in the consortium are among the most digitalised in the world, and thus particularly at risk. One strategy to protect themselves would be to take their foot off the pedal and move some services offline again, but that would mean losing many of the efficiency gains digitialisation has created, especially in the public sector. Doing so would also spoil plans to roll out artificial intelligence. By doubling down on digitalisation, they have decided that what makes them vulnerable is also what can make them stronger.
Read MoreCMP wins global sustainability award for cruise terminals in Copenhagen
Copenhagen has been voted winner of the award as World’s Best Cruise Terminal for Sustainability 2025 by World Cruise Awards.
At the fifth World Cruise Awards ceremony on December 6, 2025, Copenhagen was named World’s Best Cruise Terminal for Sustainability 2025. The award is a recognition of CMP’s sustainability agenda, which focuses on several aspects including environmental, social, and economic dimensions.
Over the last years, CMP has eliminated fossil fuels from terminal equipment and reduced emissions in its own operations by 76% during 2020–2024. Since this year, all berths at Langelinie and Oceankaj feature direct connections for wastewater, removing the need for barges and tanker trucks. One of Europe’s largest shore power facilities was inaugurated in June 2025 in Copenhagen, enabling ships to eliminate emissions when at berth. This would not have been possible without the cruise lines’ ambitious commitment to investing in shore power technology and willingness to connect. CMP’s terminals at Nordre Toldbod and Langelinie are located close to the city center, limiting transport needs for guests, and the terminals at Oceankaj will be even better integrated into Copenhagen’s public transport system with the planned extension of the Metro.
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Originally published on 9 Dec
Read MoreDanish greentech company Watts opens software competence center in Vilnius
Watts, a Danish greentech company specialising in smart home energy solutions, has established a new software competence center in Vilnius. Over the next three years, the company plans to hire up to 100 engineers and technology specialists to accelerate development of its smart home energy platform.
Founded in 2016 in Køge, Denmark, Watts develops integrated renewable-energy solutions that help households track their energy consumption and make informed, data-drive decisions to reduce their environmental impact as well as manage costs more efficiently.
Today, more than 700,000 Danish households use Watts’ energy app (WattsOn), smart devices, and its intelligent Homegrid™ system to monitor consumption, understand usage patterns, and optimize their daily energy choices.
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Originally published on 8 Dec
Read MoreWhen, not if Energy Island Bornholm
The concept behind an energy island is easy enough to understand: connect offshore windfarms to a converter station that can transform the electricity they generate to high‑voltage direct current and export it to markets where it is needed.
Indeed, in the case of Energy Island Bornholm, the matter should be even simpler: the converter station can be built on the island of Bornholm, about halfway between northern Germany and eastern Denmark—two markets that have said they want to buy the three gigawatts of electricity (enough to power as many as 4.5 million homes) the windfarms would produce.
What has not been so simple has been getting lawmakers to find the money for a project that has nearly doubled in cost since it was proposed in 2020 and now stands at 31.5 billion kroner (€4.15 billion). Uncertainty about whether Germany would still support the project after its federal elections this past February led to negotiations being suspended until May, but now it appears Berlin is eager for them to draw to a close.
Stefan Rouenhoff, a spokesperson for the German government, told an industry get-together on Bornholm on Monday that his country was willing to shoulder the larger share of the bill, and that he hoped a deal could be reached in time for it be announced on 26 January, when Germany hosts a wind-energy gathering of its own.
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His comments echo earlier remarks from EU and Danish officials that an agreement is close. Other developments—from the EU’s pledge of €645 million as part of its wider energy‑security programme to the opening of public consultation in Denmark and Germany—suggest they are not exaggerating.
The industry appears to share their outlook. The meeting on Bornholm was the third of its kind, and, say the Danish hosts, the best attended, with representatives from all the key firms and agencies needed to bring Energy Island Bornholm on-line by 2030.
Also on hand were those looking for proof of concept for energy islands of their own, including one linking Åland, Gotland and Estonia’s Saaremaa. The real question, then, may be neither if nor when, but where.
PRESS RELEASE
Bornholm is taking yet another important step toward becoming a national and international centre for green energy with a strong focus on innovation, education, and research in energy islands. Together with the Technical University of Denmark, Roskilde University, and Business Center Bornholm, the Baltic Energy Island Foundation has just received DKK 8.2 million from the Danish Board of Business Development to significantly expand the activities at Residential College Bornholm – the island’s hub for students, researchers, and businesses.
The total budget for the activities is DKK 12.6 million. Over the next three years, it will enable the development of new courses, field stays, summer schools, internships, student projects, and research activities in close collaboration with Danish universities and the local business community. This comes at a time when Bornholm is preparing for major investments and business opportunities linked to Energy Island Bornholm.
The project is carried out in collaboration with the Technical University of Denmark, Roskilde University, Business Center Bornholm, and Baltic Energy Island, and the ambition is to involve two additional Danish universities. This will significantly strengthen Bornholm’s access to knowledge, talent, and research capacity and create new opportunities for companies wishing to develop green technologies, solutions, and business models.
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Originally published on 27 Nov
Read MoreCapidea Acquires Majority Stake in HASLE Refractories A/S
Capidea is pleased to announce the acquisition of the majority stake in HASLE Refractories A/S, a Danish manufacturer of advanced refractory solutions for high-temperature industries including cement, steel, and waste-to-energy. Capidea has followed the company for a number of years and is now ready to embark on the next chapter together with Karen and Michael Bladt and the organization.
Building on HASLE’s strong foundation and recent recognition as a Børsen Gazelle 2025 company, an award recognizing Denmark’s fastest-growing businesses, the partnership will focus on developing the product portfolio and strengthening the organization to support continued international growth.
Carsten Riisberg Lund will continue as Chair of the Board, while Martin Jørgensen and former Capidea Partner Jens Thøger Hansen join Karen Bladt on the Board of Directors.
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Originally published on 19 Nov
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