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Denmark Wind Energy - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

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    Report

  • 110 Pages
  • May 2026
  • Region: Denmark
  • Mordor Intelligence
  • ID: 5120308
The denmark wind energy market size in terms of installed base is expected to grow from 7.95 gigawatt in 2025 to 8.82 gigawatt in 2026 and is forecast to reach 14.86 gigawatt by 2031 at 10.98% CAGR over 2026-2031. This report is Segmented by Location (Onshore and Offshore), Turbine Capacity (Less Than 3 MW, 3 To 6 MW, and Above 6 MW), and Application (Utility-Scale, Commercial and Industrial, and Community Projects). The Market Size and Forecasts are Provided in Terms of Installed Capacity (GW).

Denmark Wind Energy Market Trends and Insights

Aggressive Offshore-Wind Tenders Through 2030

Denmark reset its build-out trajectory after canceling a 6 GW auction in December 2024, then relaunched a scaled-back 3 GW tender in May 2025, bundled with state subsidies. The policy pivot favors bankable projects over headline volumes and places larger execution risk on developers. RWE’s 1.1 GW Thor field, green-lighted in October 2024, anchors this pragmatism with 72 Siemens Gamesa SG 14-236 DD turbines scheduled for 2025-2027 installation. Energy-Island concepts at Bornholm and in the North Sea add a hybrid layer by combining offshore wind, battery storage, and HVDC export lines to Germany, the Netherlands, and the UK. A December 2024 240 MW permit award further signals that smaller increments will run parallel to marquee auctions, emphasizing delivery certainty over ambitious megawatt targets.

Lowest LCOE in EU Due to Mature OEM & Supply Base

Three decades of domestic turbine manufacturing keep Denmark’s LCOE among Europe’s lowest. Vestas assembled and installed its V236-15 MW prototype at Thyborøn in March 2024, leveraging short transport routes and specialized ports that minimize logistics costs. Siemens Gamesa’s Danish nacelle plants apply similar proximity advantages, while Esbjerg port streamlines offshore component pre-assembly for the Thor project. The result is a 10-15% cost edge versus markets that import equipment over longer supply chains. Competing hubs in the Netherlands and Scotland are closing the gap, yet Denmark remains the preferred test bed for >15 MW platforms ahead of wider European rollout.

Grid Bottlenecks & Limited Substation Capacity

Energinet earmarked DKK 23 billion for backbone upgrades through 2030, yet substation capacity in Jutland still lags new connections, forcing developers to co-finance reinforcements that raise project capex by 10-15%. High VRE penetration stresses voltage control and reactive-power support, once handled by centralized fossil plants, leading to localized curtailment. Offshore assets connect via dedicated high-voltage substations, but onshore queues now exceed 18 months, prompting some developers to pivot toward repowering or hybrid options that require smaller incremental grid capacity.

Other drivers and restraints analyzed in the detailed report include:
  • Surging Corporate-PPA Demand From Data Centers & Industry
  • EU & Danish decarbonisation incentives / CO₂ taxation
  • Lengthy Permitting & Local Opposition for New Onshore Sites
For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Onshore wind contributed 64.50% to the Denmark wind energy market in 2025, buoyed by the repowering of legacy fleets that leverage existing grid ties. The segment’s 11.28% CAGR to 2031 is underpinned by modular upgrade kits from Vestas and Siemens Gamesa, which reduce downtime and lower per-megawatt capital outlays. Although planning hurdles persist, community co-ownership schemes are easing local acceptance in high-resource municipalities. Offshore wind, despite a smaller base, benefits from 12 GW in pipeline tenders. RWE’s Thor project anchors near-term capacity, while Energy-Island hubs promise multi-country offtake flexibility that expands the Denmark wind energy market size beyond domestic demand. Vessel scarcity and subsidy realignments remain critical variables for final investment decisions.

The capital intensity of offshore projects commands larger balance sheets, attracting global utilities and infrastructure funds. Meanwhile, smaller developers gravitate toward onshore and community-scale arrays where capital barriers are lower. As grid-upgrade schedules solidify, the Denmark wind energy market could see offshore’s share surpass 40% post-2030, contingent on tender delivery and vessel availability.

Complete Report Scope:

  • By Location
    • Onshore
    • Offshore
  • By Turbine Capacity
    • Up to 3 MW
    • 3 to 6 MW
    • Above 6 MW
  • By Application
    • Utility-scale
    • Commercial and Industrial
    • Community Projects
  • By Component (Qualitative Analysis)
    • Nacelle/Turbine
    • Blade
    • Tower
    • Generator and Gearbox
    • Balance-of-System

List of Companies Covered in this Report:

  • Ørsted A/S
  • Vestas Wind Systems A/S
  • Vattenfall AB
  • Siemens Gamesa Renewable Energy SA
  • Copenhagen Infrastructure Partners (CIP)
  • RWE Renewables GmbH
  • Equinor ASA
  • TotalEnergies Renewables
  • Shell Plc (Renewables & Energy Solutions)
  • Suzlon Energy Ltd
  • MHI Vestas Offshore Wind A/S
  • E.ON SE Renewables
  • EnBW Energie Baden-Württemberg AG
  • Iberdrola Renovables
  • Dongfang Electric Corporation (turbines)

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1 Introduction
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2 Research Methodology3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Aggressive 12 GW offshore-wind tenders through 2030
4.2.2 Lowest LCOE in EU due to mature OEM & supply base
4.2.3 Surging corporate-PPA demand from data centres & industry
4.2.4 EU & Danish decarbonisation incentives/CO2 taxation
4.2.5 Energy-Island hubs unlocking hybrid interconnection value
4.2.6 Onshore-fleet repowering potential (pre-2005 turbines)
4.3 Market Restraints
4.3.1 Grid bottlenecks & limited on-shore substation capacity
4.3.2 Lengthy permitting & local opposition for new on-shore sites
4.3.3 Offshore installation-vessel shortage inflating costs
4.3.4 Captured-price erosion from high renewable penetration
4.4 Supply-Chain Analysis
4.5 Regulatory Landscape
4.6 Technological Outlook
4.7 Porter’s Five Forces
4.7.1 Competitive Rivalry
4.7.2 Threat of New Entrants
4.7.3 Bargaining Power of Suppliers
4.7.4 Bargaining Power of Buyers
4.7.5 Threat of Substitutes
4.8 PESTLE Analysis
5 Market Size & Growth Forecasts
5.1 By Location
5.1.1 Onshore
5.1.2 Offshore
5.2 By Turbine Capacity
5.2.1 Up to 3 MW
5.2.2 3 to 6 MW
5.2.3 Above 6 MW
5.3 By Application
5.3.1 Utility-scale
5.3.2 Commercial and Industrial
5.3.3 Community Projects
5.4 By Component (Qualitative Analysis)
5.4.1 Nacelle/Turbine
5.4.2 Blade
5.4.3 Tower
5.4.4 Generator and Gearbox
5.4.5 Balance-of-System
6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves (M&A, Partnerships, PPAs)
6.3 Market Share Analysis (Market Rank/Share for key companies)
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
6.4.1 Ørsted A/S
6.4.2 Vestas Wind Systems A/S
6.4.3 Vattenfall AB
6.4.4 Siemens Gamesa Renewable Energy SA
6.4.5 Copenhagen Infrastructure Partners (CIP)
6.4.6 RWE Renewables GmbH
6.4.7 Equinor ASA
6.4.8 TotalEnergies Renewables
6.4.9 Shell Plc (Renewables & Energy Solutions)
6.4.10 Suzlon Energy Ltd
6.4.11 MHI Vestas Offshore Wind A/S
6.4.12 E.ON SE Renewables
6.4.13 EnBW Energie Baden-Württemberg AG
6.4.14 Iberdrola Renovables
6.4.15 Dongfang Electric Corporation (turbines)
7 Market Opportunities & Future Outlook
7.1 White-space & Unmet-Need Assessment

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ørsted A/S
  • Vestas Wind Systems A/S
  • Vattenfall AB
  • Siemens Gamesa Renewable Energy SA
  • Copenhagen Infrastructure Partners (CIP)
  • RWE Renewables GmbH
  • Equinor ASA
  • TotalEnergies Renewables
  • Shell Plc (Renewables & Energy Solutions)
  • Suzlon Energy Ltd
  • MHI Vestas Offshore Wind A/S
  • E.ON SE Renewables
  • EnBW Energie Baden-Württemberg AG
  • Iberdrola Renovables
  • Dongfang Electric Corporation (turbines)