Denmark and Germany conclude agreement on the Bornholm Energy Island

At the North Sea Summit in Hamburg, Denmark and Germany have concluded an agreement on the distribution of costs for the Bornholm Energy Island, the world’s first energy island. The agreement marks an important step in the development of a stronger and more interconnected European energy system.

The Bornholm Energy Island will be connected to Germany via an electricity interconnector and will have a total offshore wind capacity of 3 GW. The project is intended to contribute to greater energy independence in Europe, strengthened security of supply and lower energy prices for millions of consumers and businesses.

Minister for Climate, Energy and Utilities Lars Aagaard states:
“The agreement with Germany on the Bornholm Energy Island is a major milestone and an important result for Europe. In a time of major geopolitical changes, we stand side by side with Germany and strengthen our interconnectedness across national borders in more than one sense. It is an important step towards an energy-independent Europe with lower energy prices, which is a cornerstone of the competitiveness of European industry. There should also be no doubt that this is a sound agreement for Danish consumers. I will now as soon as possible convene the parties behind previous agreements on the Bornholm Energy Island to seek their support.”

The two countries have agreed to share the costs related to the support needs for offshore wind in a way that reflects both the benefits and the expected distribution of green electricity. The coming months will involve close cooperation between Danish and German ministers to prepare the next major step: a competitive tender for offshore wind linked to the Bornholm Energy Island.

The agreement also includes cooperation between the Danish transmission system operator Energinet and the German grid operator 50Hertz. The European Commission has designated the Bornholm Energy Island as one of eight central “Energy Highways” in Europe and is supporting the project with DKK 4.8 billion.

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