On Monday, Denmark and Germany agreed on an agreement on the Bornholm Energy Island, which creates a common basis for further work on the energy island. And it is a very good agreement for Denmark, says Minister of Climate, Energy and Utilities Lars Aagaard in a post on his LinkedIn profile.
According to the minister, Germany will pay the majority of the support for offshore wind at the Bornholm Energy Island. The agreement thus means that Germany will finance 70 percent of the support for the offshore wind turbines, while Denmark will pay the remaining 30 percent.
"Germany will pay the big bill. We will pay a little less," writes Lars Aagaard in the post.
According to the Minister of Climate, Energy and Utilities, the infrastructure on Bornholm is shared equally between Denmark and Germany. Denmark pays for the cable between Zealand and Bornholm, while Germany finances the connection between Germany and Bornholm. At the same time, Denmark has obtained almost 80 percent of the total EU support of 4.8 billion DKK, which has been allocated to the project. According to Aagaard, Danes will therefore not have to pay for the Germans' electricity as a result of the agreement on the energy island.
In total, Denmark expects to contribute approximately 42 billion DKK over the next 30 years to the Bornholm Energy Island. The amount covers both the expansion of offshore wind and the establishment of the new electricity connection to Germany.
"It's a lot of money, but we also get a lot in return. Cheaper electricity for the Danes, which can strengthen the competitiveness of companies and a strong electricity connection between Denmark and Germany, which can make the electricity supply more robust. Long-term security of green self-sufficiency in Denmark and increased energy independence in Europe," writes Lars Aagaard about the agreement.
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