Global Climate Action Strategy
In line with the Paris Agreement’s objective to limit global warming to 1.5°C, Denmark has set ambitious goals for emission reduction and climate neutrality, aiming for a 70% reduction by 2030 and full climate neutrality by 2050. The ALMA project supports these objectives in several ways:
- Increasing Global Climate Ambition: Denmark seeks to influence both state and non-state actors to adopt ambitious renewable energy (RE) projects, such as onshore and offshore wind farms. By reducing the production costs of wind blades and accelerating the production process for large blades, the ALMA project enhances the economic viability of wind farms. This aligns with Denmark’s aim to replace fossil fuels with renewable energy.
- Shifting Financial Flows to Green Investments: The strategy includes redirecting global financial flows from fossil fuels to renewable energy and climate-friendly investments. The ALMA project will enable SGRE to increase the output of large wind blades while reducing costs, encouraging both state and private RE producers to invest in offshore wind farms, both in Denmark and internationally.
Contribution to EU Goals
The ALMA project will also support the European Union's targets which aims to reduce greenhouse gas emissions by at least 55% by 2030 and becoming the first climate-neutral continent by 2050.
Alignment with EUDP Strategy
- More Green Electricity for Various Purposes: By 2030, Denmark aims to generate enough renewable energy to fully cover its electricity consumption, leveraging wind and solar power. The Danish government plans to establish two energy islands by 2030 to harness the wind resources in the North and Baltic Seas, with more offshore wind farm projects expected in the coming decades. The ALMA project will ensure the production of high-quality, cost-effective large-scale wind blades, meeting future demand from both state and private RE producers.
- Energy Efficiency: Denmark, along with other EU countries, is committed to significant energy efficiency improvements. There is a considerable market for companies that can provide components and solutions for more efficient energy use. By making wind energy investments more attractive, the ALMA project will facilitate the export of wind energy technology, contributing to greater energy efficiency. The ALMA project is pivotal in supporting both Denmark's and the EU's climate and energy goals, ensuring a transition to more sustainable and efficient energy systems.