Keynote by Kristian Jensen, CEO Green Power Denmark, Smart Energy Systems Conference, Copenhagen, September 2023

1. 1
Energy security

Secure Energy
KRISTIAN JENSEN
CEO, GREEN POWER DENMARK
12 SEPTEMBER 2023
ENERGY SECURITY <-> SECURE
ENERGY

2. 12 SEPTEMBER 2023 ENERGY SECURITY <-> SECURE ENERGY
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Stating the
obvious…
The war in Europe has challenged
business as usual
Now: We must act in accordance

3. Note: America er USA og Trinidad & Tobago. Africa er Algeriet, Angola, Nigeria, Egypten, Cameroon og Equatorial Guinea. Mellemøsten er Qatar, Oman og UAE. Andre omfatter
Argentina, Australien, Brasillien, Kina, Indonesien, Jamaica, Malaysia, Norge, Peru, Singapore, Sydkorea og UK. *Data er opdateret d. 10 august 2023, og seneste uge er uge 29.
Kilde: Bruegel baseret på ENTSO-G og Bloomberg
3
Weekly amount of pipe-imported gas and LNG from 2020-2023* spread on origin
Mio. M3
Dependency on Russia decreasing
Russian gas consists approx. 10 % of the gas imports, down from 40 %.
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
2020 2021 2022 2023
Norway Algeria UK LNG Others Russia
+80 % of EU’s gas consump. is covered by imports
18% 18% 15% 14%
22%
21%
15% 14%
28%
29%
21% 20%
27% 31%
46% 48%
2020 2021 2022 2023
5% 1% 3% 4%
North/South America Russia
Africa Others
Middle East
EU27 import of LNG spread on origin 2021-2023
Mio. m3
A proportion of LNG origins from Russia.
In total Russian gas makes up 10 % of
imports in 2023
12 SEPTEMBER 2023 ENERGY SECURITY <-> SECURE ENERGY

4. Challenges
Energy infrastructure has become a target
for military attacks despite being an
illegitimate target under international
humanitarian law.
Criminals and states are targeting digital
infrastructure .
The energy system is decentralizing
increasing the challenge (can be turned to
an advantage too).
We mustn’t exchange our recent
dependency on Russian gas with a
dependency on e.g., Chinese technology.
Despite political attention, real action is
slow. One could almost wish for an “Arsenal
for Democracy” related way of thinking of
the green transition.
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5. Solutions
Diversify the energy sources and go green
as much as possible as fast as possible.
Expand the production of energy
technology in EU to safeguard and develop
a regional RE industry.
Modernize and strengthen the energy grid
to make it more resilient to both digital
and physical threats.
Advocate for robust cybersecurity
measures, regular threat assessments, and
public-private collaborations to enhance
the sector's digital resilience.
Encourage individuals and businesses to
adopt energy-efficient practices and
technologies to reduce overall energy
demand in times it is needed.
12 SEPTEMBER 2023 ENERGY SECURITY <-> SECURE ENERGY
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6. Thank you
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