Business Round-Up: 100 percent of Danish electricity generation to be green by 2027

Pension companies Danica Pension and PFA also reveal future green focus with their investments

According to the Danish Energy Agency’s projections, Denmark’s electricity consumption will be covered by renewable energy systems by 2027.

By 2030, the agency predicts, Denmark is expected to start exporting green energy.

A phasing-out of coal will result when the Fyn Power Station stops using it in 2022 and Nordjylland Power Station follows suit in 2028.

By that time, the generation of electricity will primarily be sourced from wind power and solar cells, while heat production will be based on biomass power plants and heat pumps.

Agriculture and transport lagging behind
The country’s aim is to reduce its CO2 emissions by 70 percent compared with emissions in 1990.

At that time, almost 40 percent of CO2 emissions were accounted for by electricity and heating – the equivalent of 30.7 million tonnes of CO2.

By 2030, the figure accounted for by electricity and heating will have decreased to 2.3 million tonnes.

However, other areas, such as agriculture and transport, are expected to emit similar levels in 2030: 11 and 14 million tonnes of CO2 respectively.


Danish retail giant to buy 301 stores in Poland
The Salling Group will pay 1.5 billion kroner for 301 Tesco stores in Poland and then  spend almost the same amount on transforming them into Netto stores. The Salling Group already operates 386 Netto stores in Poland. The deal is subject to approval from the Polish competition authorities’ approval, which the Salling Group hopes will come before the end of the year.

Danica Pension to become CO2-neutral by 2050
Danica Pension is committed to making its investments CO2-neutral by 2050, reports Finans. The company’s ambition is to invest 30 billion kroner in the green transition in 2023, gradually raising the annual amount to 100 billion kroner by 2030.

PFA enabling its clients to prefer climate-friendly investments
Denmark’s largest pension company, PFA, is enabling its customers to choose more climate-friendly investments. By using the company’s sustainable pension product PFA Klima Plus, customers can decide the percentage of its investments that are climate-friendly. The company’s goal is to become CO2-neutral by 2025 and CO2-negative by 2030 through investments in forest and carbon-reducing technologies.

Coop refuses to withdraw coffee brand with black woman logo
A number of food companies worldwide are rapidly changing logos that depict historic black people – Aunt Jemima, for example – but Coop has no plans to do the same with the Cirkelkaffe brand, which has been in circulation since the 1950s. It uses a black woman with large, white circular earrings, who cartoonist Aage Sikker Hansen drew in 1955. “I can assure you that we have no plans to change the logo for Cirkelkaffe,” Coop executive Jens Juul Nielsen told TV2. “She is certainly not a slave. It is a woman that Sikker Hansen painted who lived and worked in Denmark.”




  • The Lynch Interviews: Fergal O’Byrne

    The Lynch Interviews: Fergal O’Byrne

    English-Australian writer and theatre director Stuart Lynch contributes a monthly column titled “The Lynch Interviews”. In this series, he engages with prominent internationals residing in Denmark or Danish individuals with a global perspective. For April, he interviews Irish playwright and writer Fergal O’Byrne, fresh from an acclaimed season of a new English-language play in Copenhagen.

  • Why your talented internationals aren’t moving up the ladder – and what to do about it

    Why your talented internationals aren’t moving up the ladder – and what to do about it

    Many internationals find it difficult to advance in their new workplaces, and some quietly leave. It’s not because they lack talent. In Denmark, careers are shaped not only by skills but also by cultural understanding, informal networks, and social signals. However, internationals may not be familiar with this system or know how to navigate it

  • The international behind Donkey Republic: how a Turkish systems thinker reimagined urban mobility in Denmark

    The international behind Donkey Republic: how a Turkish systems thinker reimagined urban mobility in Denmark

    Erdem Ovacık, co-founder of Donkey Republic, built one of Europe’s leading bike-sharing companies from Denmark — but success as an international entrepreneur hasn’t come easy

  • Denmark hits 66.2 million overnight stays: what’s fueling the rise?

    Denmark hits 66.2 million overnight stays: what’s fueling the rise?

    In 2024, Denmark saw 1.5 million more overnight stays than in 2023, bringing the total to 66.2 million staying in hotels, holiday centers, campsites, and youth hostels. It’s clear: after COVID-19, traveling is now back on the table. But the question is: why are people choosing Denmark?

  • World Cup in Ice Hockey will face off in Herning

    World Cup in Ice Hockey will face off in Herning

    As in 2018, Denmark will co-host the Ice Hockey World Championship. And once again, Herning and Jyske Bank Boxen will be the hosts. Denmark is in Pool B and starts tonight with a match against the USA, which, given the political tensions between the two countries, may be an icy affair.

  • Diplomatic tensions between US and Denmark after spying rumors

    Diplomatic tensions between US and Denmark after spying rumors

    A Wall Street Journal article describes that the US will now begin spying in Greenland. This worries the Danish foreign minister, who wants an explanation from the US’s leading diplomat. Greenlandic politicians think that Trump’s actions increase the sense of insecurity

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