Energi Danmark is a Danish energy company that provides electricity, natural gas and heat to customers in Denmark and the Nordics. The company was founded in 1993 and is headquartered in Aarhus, Denmark.Energi Danmark is a privately held company owned by a consortium of Danish investors.
Key activities
Energi Danmark's main activities are
Electricity trading: The company buys and sells electricity on the North Pool Spot Exchange.
Natural Gas Trading: The Company buys and sells natural gas in the European natural gas market.
Heat Production:The Company owns and operates a range of heat production assets, including combined heat and power (CHP) plants, district heating networks and biomass power plants.
Retail: The company sells electricity, gas and heat to residential and commercial customers in Denmark and the Nordics.
Financial performance
Danish Energy's financial performance has been strong in recent years.In 2022, the company reported revenues of DKK 48.7bn (EUR 6.4bn) and a net profit of DKK 1.2bn (EUR 160m). The company's strong financial performance is due to a number of factors, including.
Growth in the Danish renewable energy market:Energi Danmark is the leader in the Danish renewable energy market, and growth in this market has been a key driver of the company's financial performance.
Integration of the Nordic energy markets: The integration of the Nordic energy markets has created new opportunities for Danish energy companies to trade electricity and gas throughout the region.
Company focus on efficiency and cost savings:Energi Danmark has a strong focus on efficiency and cost savings, which helps the company to improve its profitability.
sustainability
Energi Danmark is committed to sustainable development. The company has set ambitious targets to reduce carbon emissions and increase the use of renewable energy.In 2022, the company's renewable energy production will account for 65% of its total electricity generation.Energi Danmark is also investing in a number of other sustainability initiatives, such as energy efficiency, smart grids, and carbon capture and storage.
(future) prospects
Energi Danmark is well positioned for continued growth in the future. The company is the leader in the Danish renewable energy market, which is expected to continue to grow in the coming years. Energi Danmark is also well positioned to benefit from the consolidation of the Nordic energy market. The company has a strong focus on efficiency and cost savings, which will help it to remain competitive in the future.
