Jason Deign, Greentech Media
Photo Credit: Shutterstock
Summary
Figures released this month show the cost of district heating has fallen to its lowest-ever level in Denmark. Cheap renewable energy was not directly responsible for the milestone, however.
Instead, low spot market prices, which may have been in part a result of renewable generation, caused an uplift in subsidies received by combined heat and power (CHP) plants under a fifteen-year-old support scheme that is due to be phased out at the end of this year.
The subsidy, which is inversely linked to electricity prices, helped cut the cost of CHP generation and, combined with low natural gas prices, caused the average price of district heating to fall.
The Danish Energy Regulatory Authority, Energitilsynet, said household heating prices had fallen by an average of 3.8 percent in March 2018 compared to a year previous.
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