Today, the ESG (Environmental, Social, and Governance) report is at least as important as the financial report for investors. And customers place as much emphasis on CO2 emissions as on the price of the goods and services they buy. In this light, it makes a huge difference how much CO2 is emitted to produce a kilowatt-hour of electricity. Here, the focus is on Lolland-Falster and South Zealand.
Lolland is Denmark’s greenest
Denmark’s unquestionably greenest electricity is produced in Lolland Municipality, according to a report from Energinet.dk. Lolland can, on average, deliver a kilowatt-hour with a CO2 emission of just ten grams, due to the large amounts of electricity produced from wind turbines and solar panels in the municipality. Neighbors in Guldborgsund Municipality are also doing well, with one kilowatt-hour emitting an average of 23 grams of CO2. Just north of Storstrømmen, in Vordingborg Municipality, an average of 27 grams of CO2 is emitted per kilowatt-hour.
Green profile as marketing
Thus, the three Danish municipalities in the Femern Belt region are all in the top ten when it comes to green electricity. This has a direct impact on investment interest from businesses, says Mikkel Wesselhoff, director of Business Lolland-Falster:
– Green electricity is increasingly becoming a parameter and a prerequisite for having a competitive product. This applies to both companies and regions. Over the last four years, we have used our green profile as an element in our marketing to companies and investors, he says.
Bearing fruit
According to the Business Lolland-Falster director, the large production of renewable energy is a core part of the narrative about Lolland-Falster as a good place to establish and run a business. And it has already borne fruit:
– It’s something companies are curious about and inquire into. For example, there are several companies that are establishing a green cluster at Nakskov Harbor. There, it has been crucial that they can get green electricity, says Mikkel Wesselhoff.
13 times greener than Horsens
The planned green cluster at Nakskov will include a large Power to X plant, a biogas plant, and a wheat refinery.
There is a significant difference in how much CO2 a kilowatt-hour of electricity emits in Denmark. Thus, the electricity in Lolland Municipality, which tops the list, emits almost 13 times less CO2 than the bottom-ranked Horsens. The East Jutland municipality emits 128 grams of CO2 per kilowatt-hour.
