Prices of solar panels in Copenhagen

How much does electricity cost in Denmark?

The average cost of electricity from utility companies in Denmark is as follows: 4 Business Electricity Price: Approximately $0.243 per kWh. Denmark’s electricity grid is considered one of the most reliable in Europe, boasting a 99.99% continuity of supply.

How much sunshine does Denmark have a year?

Discover comprehensive insights into the statistics, market trends, and growth potential surrounding the solar panel manufacturing industry in Denmark On average, there are about 1,750 hours of sunshine per year in western Jutland and 2,000 hours on the island of Bornholm. 1 The average annual sunshine in Copenhagen is approximately 1,635 hours. 2

How reliable is Denmark's electricity grid?

Denmark’s electricity grid is considered one of the most reliable in Europe, boasting a 99.99% continuity of supply. This level of reliability means that, on average, a consumer experiences only about 40 minutes of power interruption per year. 5 There is currently no contribution

Where did photovoltaic cost data come from?

Photovoltaic cost data between 1975 and 2003 has been taken from Nemet (2009), between 2004 and 2009 from Farmer & Lafond (2016), and since 2010 from IRENA. Prices from Nemet (2009) and Farmer & Lafond (2016) have been converted to 2024 US$ using the US GDP deflator, to account for the effects of inflation.