Researchers flunk calculations behind Danish energy isle

Denmark's North Sea energy island could generate a net socioeconomic deficit of EUR 6.5-10.4bn, according to new independent calculations. The Danish Energy Agency maintains its estimate that the project's first stage will provide around EUR 1.7bn in profits.

Photo: Phil Noble/Reuters/Ritzau Scanpix

The Danish government's giant climate endeavor priced at DKK 210bn (EUR 28.23bn) could end up generating a major double-digit deficit in the billions for domestic power consumers and the state, say a number of independent researchers.

These specialists hold that the forthcoming energy hub in the North Sea is based on insufficient or flawed economic conditions.

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