Denmark without oil and gas production: opportunities and challenges

Denmark has committed to ending oil and gas production by 2050 via the 2020 North Sea Agreement. The transition is supported by a declining economic significance of the sector and the growth of green technologies like offshore wind and CCUS. While the workforce's versatility and state support may mitigate negative impacts, risks remain for workers near retirement and small suppliers unable to restructure.

• Denmark has established 2050 as the deadline to cease fossil fuel production under the 2020 North Sea Agreement, a decision driven by economic factors rather than moral arguments and supported by both political entities and the industry due to the sector's long-term economic decline.
• The transition is being supported by state and market exploration of green technologies, including carbon capture, utilisation, and storage (CCUS), power-to-X, green fuels, and offshore wind power, the latter of which is helping to mitigate employment losses.
• Despite the expected softening of negative impacts due to a strong renewable energy base and workforce versatility, specific vulnerabilities exist for offshore workers nearing retirement and small suppliers who cannot restructure.

APA

Climate Strategies (2021). Denmark without oil and gas production: opportunities and challenges. https://climatestrategies.org/publication/denmark-without-oil-and-gas-production-opportunities-and-challenges/

Chicago

Climate Strategies. Denmark without oil and gas production: opportunities and challenges. 2021. https://climatestrategies.org/publication/denmark-without-oil-and-gas-production-opportunities-and-challenges/.

Wikipedia

{{cite report |author=Climate Strategies |title=Denmark without oil and gas production: opportunities and challenges |date=2 November 2021 |url=https://climatestrategies.org/publication/denmark-without-oil-and-gas-production-opportunities-and-challenges/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatestrategies2021denmark, author = {{Climate Strategies}}, title = {{Denmark without oil and gas production: opportunities and challenges}}, institution = {Climate Strategies}, year = {2021}, month = nov, url = {https://climatestrategies.org/publication/denmark-without-oil-and-gas-production-opportunities-and-challenges/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }