Energy

Denmark wants to build a renewable energy island in the North Sea

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The facility will be located in waters off the coast of Jutland.

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Denmark is to push forward with plans to build a huge artificial island in the North Sea that will act as a major renewable energy hub and cost billions of dollars to develop.

The Danish Energy Agency, part of the government’s Ministry of Climate, Energy and Utilities, said Thursday the project would be owned by a public-private partnership, with the Danish state holding a majority stake.

The scale of the project, which will be located in waters 80 kilometers off the coast of Jutland, the large peninsula which contains the Danish mainland, is considerable.

The first phase — set to have a…



Source cnbc.com

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