The government announced on Sunday that it will investigate the possibility of extending existing licenses for oil and gas extraction in the North Sea towards 2050, citing the desire for a more energy-independent Europe. This has created joy among oil companies, who see the opportunity for new investments, but several experts warn that Denmark is moving in the wrong direction. Among others, Jan Rosenow, professor of energy and climate law at Oxford University, points out, according to Jyllands-Posten, that it is a risky strategy to focus on more European fossil energy as a path to independence.
- It is a risky strategy to assume that we can replace fossil energy imports with fossil energy extraction in Europe. It may be a moderate contribution, but it will take a long time to scale production in Europe. You can't just turn on a tap and get significant amounts of European fossil energy. It takes time, says Jan Rosenow, professor of energy and climate law at Oxford University. He instead points to electrification and renewable energy as the way forward.
Brian Vad Mathiesen, researcher in energy systems and security of supply at Aalborg University, also warns against tying Denmark to new billions in investments in oil and gas fields. He believes that it may be logical to extend the license for the Tyra field towards 2050 if it does not require major investments, but that developing new fields and licenses would be the wrong priority. Resources and labor should instead be spent on energy efficiency, district heating and renewable energy.
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