Government subsidy for containerized renewable power in Greenland

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Government subsidy for containerized renewable power in Greenland

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FAQs 3

Does Greenland need to reduce energy consumption?

There is a need for reduced energy consumption in Greenland. In communities with no hydropower plants energy is produced using fossil fuels, in communities with hydropower plants growing demand for energy challenges the production capacity of existing facilities.

How much does Greenland's new hydroelectric project cost?

In November, Greenland’s legislature approved the projects, which will upgrade an existing facility in Nuuk and create the country’s sixth hydroelectric plant to supply the towns of Qasigiannguit and Aasiaat. The projects are expected to cost up to 3.1 billion Danish kroner (about $480 million).

Will improvements in foundation design reduce electricity costs in Greenland?

However, in the future, if improvements in foundation design can be made, the improvements may significantly increase the FLH and thus may offer lower electricity costs. FLH of wind power on all area of Greenland is 5665 h, or 26% higher than on ice-free only area.

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