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BMI View: We have revised up our short- and long-term forecasts for Denmark's non-hydropower renewable generation, while maintaining our forecasts for the other two countries in the Nordic region. These revisions were primarily due to developments in the offshore wind energy sector in Denmark. We also see a stronger case for regulations governing renewable energy within the Nordic region to converge in the long term. The upward revision to our Danish forecasts was prompted by the completion of the largest offshore wind farm in Denmark in 2013. We have also revised our long-term forecasts for non-hydropower renewable energy generation in the Denmark, while maintaining our forecasts for Finland and Norway. We now forecast non-hydropower renewable generation in Denmark to grow at an average rat ...
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