Energy
Denmark has considerable sources of oil and natural gas in the North Sea and ranks as number 32 in the world among net exporters of crude oil. Additionally, Denmark is a long time leader in wind energy, and as of May 2011 Denmark derives 3.1% of its gross domestic product from renewable (clean) energy technology and energy efficiency, or around €6.5 billion ($9.4 billion). It has integrated fluctuating and unpredictable energy sources such as wind power into the grid. Denmark now aims to focus on intelligent battery systems (V2G) and plug-in vehicles in the transport sector.
Read more about this topic: Economy Of Denmark
Famous quotes containing the word energy:
“A government deriving its energy from the will of the society, and operating, by the reason of its measures, on the understanding and interest of the society ... is the government for which philosophy has been searching and humanity been fighting from the most remote ages ... which it is the glory of America to have invented, and her unrivalled happiness to possess.”
—James Madison (1751–1836)
“I rather think the cinema will die. Look at the energy being exerted to revive it—yesterday it was color, today three dimensions. I don’t give it forty years more. Witness the decline of conversation. Only the Irish have remained incomparable conversationalists, maybe because technical progress has passed them by.”
—Orson Welles (1915–1984)
“The flattering, if arbitrary, label, First Lady of the Theatre, takes its toll. The demands are great, not only in energy but eventually in dramatic focus. It is difficult, if not impossible, for a star to occupy an inch of space without bursting seams, cramping everyone else’s style and unbalancing a play. No matter how self-effacing a famous player may be, he makes an entrance as a casual neighbor and the audience interest shifts to the house next door.”
—Helen Hayes (1900–1993)