There are great political ambitions for increased electrification of Danish society. But according to Better Energy, which is one of the companies that will supply some of the green electricity that will be needed in the future, the electrification of society is going too slowly. This is due, among other things, to delays in the electrification of transport, green fuels, heavy industry and society in general.
Better Energy believes that this can be seen, among other things, in the increasing incidence of negative electricity prices. Negative electricity prices are not a new phenomenon, but the number of hours with negative prices is increasing sharply, and the preliminary figures for 2024 have already broken a new record compared to 2023, which was also a record year. Therefore, the company now states in a press release that it has decided to postpone a larger portfolio of green energy.
- We react quickly to market signals to ensure that we are in the right position in relation to the market situation we are entering. This means in concrete terms that we expect to postpone 3 GW of future solar energy capacity from our Danish project portfolio until after 2030. At the same time, we are restructuring our organization to focus even more on timing our future energy parks with regional need for green energy, says Rasmus Lildholdt Kjær, CEO of Better Energy.
According to the CEO, the mismatch between supply and demand means that the company has made a strategic change, which broadly means changing the mantra from "as much renewable energy as possible, as quickly as possible" to "green energy in the right place at the right time."
- The demand for and production of green energy must go hand in hand to an even greater extent. When we are faced with realizable opportunities that combine new green consumption with new production, it is important to focus on these and ensure that the necessary grid infrastructure is established as soon as possible. In other words, we need to find ways to bridge the gap between the increased demand for electricity and the new electricity production, and here timing and location will play a central role, says Rasmus Lildholdt Kjær.
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