Copenhagen New Energy Storage Ratio Standard

Why is Denmark a good place to store CO2?

As global climate goals demand a significant reduction in CO2 levels, the IEA calls for capturing 100+ billion tons of CO2 by 2060. Denmark, with just 0.1% of global carbon emissions, aims to cut 70% by 2030 and reach carbon neutrality by 2045. Denmark's geology makes it safe and efficient CO2 storage.

How do we evaluate self-sufficient ratios in a building?

The first step involved modelling the energy consumption of the building during operation. Following that, the size of components was optimised. Lastly, a comparative life cycle assessment was conducted to evaluate different self-sufficient ratios (SSR).

Do self-sufficient ratios increase as a system reaches full renewable capacity?

Lastly, a comparative life cycle assessment was conducted to evaluate different self-sufficient ratios (SSR). The results show that as SSR increase, the optimised capacities of all components generally increase, although this relationship is complex, particularly as the system approaches full renewable capacity.

How can energy storage C&S help the development of ESS projects?

The resulting report, published in 2019, is a best 311] on how energy storage C&S can help facilitate the use of risk and financial tools needed for the development of larg-er ESS projects. Another financial example comes from the experiences of solar photovoltaic (PV) installation.