Business case for Energy Island Bornholms electrical infrastructure
Energinet's business case for Bornholms Energy Island's electricity infrastructure shows good economy in connecting offshore wind power from Energy Island Bornholm to both Denmark and Germany, thereby also establishing a new connection between the two countries' electricity markets.Download report
Energinet’s business case for the Bornholm Energy Island’s electricity infrastructure gives decision makers and other interested parties a picture of the economic value of the energy island’s electricity infrastructure and the specific solution which is preferred. It also sheds light on the implications for Energinet’s corporate finances.
Together with the Danish Energy Agency’s calculations for the overall profitability of the energy island, this business case will make up a significant part of the foundation for political decisions on the further development of the Bornholm Energy Island.
- Read the reader's addendum here (highlights important events since the approval of the business case in March, 2022)
Energinet’s business case solely concerns the electricity infrastructure
Energinet intends to use the business case to assess the economic value to society of the electricity infrastructure that enables the interconnection of power generated by Bornholm Energy Island to electricity markets in one or more countries.
As shown by the business case, Energinet assesses that an interconnection to both Denmark and Germany would generate economic benefits to society worth billions of Danish kroner compared to a scenario in which Bornholm Energy Island is interconnected with the rest of Denmark only.
It is worth emphasising that Energinet’s business case does not draw any conclusions about the overall profitability of Bornholm Energy Island, as the costs of constructing the offshore wind farms are not included.
Important events since the Supervisory Board’s approval on 29 March 2022
On 31 March 2022, Energinet submitted an application to the Danish Minister for Climate, En-ergy and Utilities for the approval of the electricity infrastructure of Bornholm Energy Island pursuant to Section 4(3) of the Danish Act on Energinet (Lov om Energinet), cf. Section 20(1)(i) of Executive Order No. 1067 of 28 May 2021 on transmission system operators and the use of the electricity transmission grid, etc.
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