Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
How Denmark Made Wind Energy the Cheapest Power Source
In episode 99 of The Productivity Podcast, Lucas and Luna examine how Denmark turned wind energy from a subsidized experiment into the cheapest source of electricity in Northern Europe. They trace the story from the 1970s oil crisis through the creation of a cooperative ownership model, standardized turbine design, and the world's first offshore wind farm. Specific numbers include Denmark's 50 percent wind penetration target for 2030, a 90 percent cost reduction per megawatt-hour since 1980, and the role of Vestas and Ørsted in industrializing turbine production. The hosts compare…
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