2009
The purpose of this analysis is to document the significance of Danish energy industries for the economy and employment situation, as well as the distribution of Danish energy technologies on the global market. Energy technologies and equipment refer to all goods used for the extraction, processing, and production of energy.
The Danish Energy Agency, the Danish Energy Industries Federation under the Confederation of Danish Industries
(DI), and the Danish Enterprise and Construction Authority collaborate on updating and revising the analysis. During the fall and winter of 2009/2010 the data basis of the analysis has undergone a thorough revision among others due to
Statistics Denmark’s change from DB03 to DB07. The revised data is used in the entire analysis in order to avoid a break in data continuity.
In general, sales figures from Danish energy technology companies based abroad have not been included in the analysis. Moreover, Danish consultancy services, which are often linked to exports of energy technology from
Denmark, have not been included.
The analysis is based on an analysis of data from official sources (Statistics Denmark and Eurostat) and is regularly updated.

From 2008 to 2009, exports of energy technologies and equipment decreased by 11.1 %. Other
Danish goods exports declined by 15.7 %.
2009, Denmark exported energy technologies and equipment at a value of DKK 58.5 billion, corresponding to 11.7 % of total Danish goods exports.
300
250
200
150
100
50
0
2000 2001 2002 2003
Energy technologies and equipment
DKK 58.5 billion
DKK 442.9 billion
2004 2005 2006 2007 2008
Total goods exports excl. energy technologies and equpment
2009

Exports of energy technologies and equipment account for a larger and larger share of total
Danish goods exports. 2009 energy technologies accounted for 11.7 %, which is a slight increase from 2008. 2008 the share was 11.1 %.
In spite of a general fall in exports of Danish goods, the share of energy technologies exports has increased from 2008 to 2009. In addition, energy technologies’ export share has almost doubled from 2000 to 2009.
3
14
12
10
8
6
4
2
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

2009, energy technologies and equipment accounted for 62 % of total Danish exports of energy products. Oil and gas exports accounted for 35 % and exports of other energy products 3 %.
All three product categories had declining export rates from 2008 to 2009. Exports of energy technologies and equipment decreased by 11.1 %, oil and gas by 32.9 % and finally exports of other energy products decreased by 43.2 %.
4
140
120
100
80
60
40
20
0
2000 2001 2002 2003 2004 2005 2006
Energy technologies and equipment
Note 1: The category ”Other” includes electricity and by-products
Oil and gas Other
2007 2008 2009

The effects of the international financial crisis seem to have had a less severe impact on the
Danish exports of energy technologies and equipment than on other EU15 countries’ exports.
From 2008 to 2009, EU15’s total exports of energy technologies dropped by 18.7 %. By comparison, Danish energy technologies exports decreased by 11.1 %.
300
250
200
150
100
50
0
2000 2001 2002 2003 2004
Denmark
2005
EU15
2006 2007 2008 2009

When looking at the share of energy technologies relative to the individual country's overall goods exports in 2009, Denmark was once again the greatest exporter of energy technologies and equipment compared to the other EU15 countries. Denmark is therefore still holding a leading position followed by Italy, Finland and Sweden. 2008, Denmark was followed by Italy, Germany and
Austria.
Despite the international crisis, all four countries at the top have seen their share of energy technologies exports relative to the overall goods exports increase from 2008 to 2009. The EU15 average shows no change in the same period.
12,0
10,0
8,0
6,0
4,0
2,0
0,0

7
2009
No. Inporting country
1 Germany
2 USA
3 UK
4 Sweden
5 France and Monaco
6 Singapore
7 China
8 Norway
9 Spain
10 Italy
DKK billion
2.8
2.4
2.4
2.1
2.0
9.0
7.4
6.1
3.7
3.0
% of total exports of energy tech. & equip ment
4
4
5
4
3
15
13
10
6
5
In spite of a decrease in exports of 21.1 %, Germany continues to be the largest importer of Danish energy technologies. Danish companies exported energy technology and equipment to the German market at a value of DKK 9 billion in 2009, which constitutes 15 % of total Danish energy technologies exports. Additionally, most of the Danish imports of energy technologies and equipment come from German companies.
USA , UK and Sweden continue to be the second, third and forth most important markets for Danish exports of energy technologies and equipment. However, energy technologies exports to the US, UK and Sweden have in total dropped by 7.5 % from 2008 to 2009, and had in
2009 a value of DKK 17.2 billion.
As a new development, Singapore now features on the list of the ten largest export markets. However, Canada no longer holds the rank as no. 10 on the list.

8
2009, 60.3 % of Danish exports of energy technologies and equipment, corresponding to a value of
DKK 35.3 billion, went to countries within the EU27. The second largest market was North America.
Exports to EU27 declined by 11.3 % from 2008 to 2009. Similarly, exports to North America and the
BRICs dropped by 27.2 % and 18 % respectively. In contrast, energy technology exports to Southeast
Asia and the Middle East saw positive growth rates.
70 000
60 000
50 000
40 000
30 000
20 000
10 000
-
2000 2001 2002 2003 2004
Note 1: The BRICs refer to Brazil, Russia, India and China
2005 2006 2007 2008 2009
Other
BRICs
The Middle East
Southeast Asia
North America
Europe (EU27)

250
200
150
100
50
0
The European market is of great significance to Danish exports of energy technologies and equipment. 2009, 60.3 % of the energy technologies exports were imported by countries within
EU27. 2008, it was 60.4 %.
In spite of the fact that the European market is becoming more and more important to Danish exports of energy technologies and equipment, exports decreased by 11.3 % from 2008 to
2009. Other Danish goods exports declined by 18.4 %.
2000 2001 2002 2003 2004
Total goods exports excl. energy technologies and equipment
2005 2006 2007 2008
Energy technologies and equipment
2009
9

From 2008 to 2009, exports of energy technologies and equipment dropped by 27.2 %, which corresponds to exports of a value of DKK 7.5 billion in 2009. By comparison, the export value was
DKK 10.4 billion in 2008. Other Danish goods exports decreased by 1.5 %. This development differentiates itself from the overall picture, where other Danish goods exports are more influenced by the international crisis than exports of energy technologies and equipment.
2009, the North American market received 12.9 % of Danish energy technologies and equipment exports. 2008 it was 15.7 %.
10
700
600
500
400
300
200
100
0
2000 2001 2002 2003 2004
Total goods exports excl. energy technologies and equipment
2005 2006 2007 2008
Energy technologies and equipment
2009

2009, the Danish import of energy technologies and equipment had a value of DKK 40.9 billion, corresponding to 9.3 % of total Danish imports of goods.
Danish imports of energy technologies has increased by 105.2 % from 2000 to 2009. Within the same period of time, other imports of goods increased by 15.1 %. 2008 – 2009 however, other imports of goods experienced a decline of 22.2 %. By comparison, imports of energy technologies decreased by
5.1 %.
2009, 67.1 % of the imported energy technologies and equipment came from countries within the
EU27. Only 1.5 % was imported from Northern America.
250
11
200
DKK 40.9 billion
150
100
50
0
DKK 400.4 billion
2000 2001 2002 2003 2004
Total goods import excl. energy technologies and equipment
2005 2006 2007 2008
Energy technologies and equipment
2009

12
From 2007 to 2008, the turnover of Danish energy technology industries saw an increase of 23.1 %. This growth is significantly larger than the increase in turnover of the total Danish industry, where turnover grew by 6.2 %. 2008, turnover in the Danish energy technology industries constituted 13.7 % of total turnover in Danish industry overall. By comparison, the share was 8.6 % in 2000.
Since 2000, turnover in the energy technology industries has increased by 123.3 %. The total industry’s growth was 40.8 %.
240
Turnover in the energy technology industries
2008: DKK 96 billion
220
200
180
160
140
120
100
Total industry turnover
2008: DKK 700 billion
80
2000 2001 2002
Total industry
2003 2004 2005 2006
- hereof energy technology industries
2007 2008
Note 1: The basis year 2000 was chosen in order to maintain data continuity through the time series, as Statistics Denmark is now using DB07.
For this part of the analysis, 2008 is the most recently updated year.
Note 2: The figures for turnover, added value and employment are based on company statistics from Statistics Denmark. Data from these statistics are published once every year in the autumn. However, figures from the company statistics are around two years behind the current year.

13
After decreasing employment rates in both the energy technology industries and the total industry, the fulltime employment in energy technology industries increased by 20.6 % from
2005 to 2008. During the same period fulltime employment went up by 2.3 % in the total industry.
2007 – 2008, the fulltime employment in energy technology industries increased by 2.5 %, whereas the employment rate declined by 0.6 % in the total industry.
100
95
90
85
80
120
115
110
105
2000 2001
Fulltime employees in energy technology industries
2008: 41,106
2002
Total industry
2003
Fulltime employees in the total industry
2008: 347,404
2007 2008 2004 2005 2006
- hereof energy technology industries
Note 1: The basis year 2000 was chosen in order to maintain data continuity through the time series, as Statistics Denmark is now using DB07. For this part of the analysis, 2008 is the most recently updated year.

14
After a period characterized by increases and decreases in the added value for energy technology industries there has been a significant growth of 63.3 % from 2004 to 2008. By comparison, the industry in total had a 18.4 % growth. However, contrary to the energy technology industries the industry in total has not experienced declines in added valued within the entire period from 2000 to 2007.
2007 – 2008, the added value of the energy technology industries increased by 8.9 %. The total industry had a growth of 3.2 %.
180
170
160
150
140
130
120
110
100
90
80
Added value in energy technology industries
2008: DKK 24.5 billion
Added value in the total industry
2008: DKK 213.8 billion
2000 2001 2002
Total industry
2003 2004 2005
- hereof energy technology industries
2006 2007 2008
Note 1: The basis year 2000 was chosen in order to maintain data continuity through the time series, as Statistics Denmark is now using DB07. For this part of the analysis, 2008 is the most recently updated year.
Note 2: The added value is measured as the growth in value in DKK from processing a product in the various stages of production.

From 2003 to 2008 the added value per fulltime employee in energy technology industries increased by 43.2
% following a fall from 2002 to 2003. By comparison, the added value per fulltime employee in the total industry increased by 23.4 % from 2003 to 2008. Due to this recent development, the added value per fulltime employee in the energy technology industries is leveling with added value per fulltime employee in the total industry. This development is underpinned by of 5.3 % in the added value per fulltime employee in energy technology industries. The industry in total had a growth of 3.7 %.
2000 – 2008, the energy technology industries increased the added value per fulltime employee by 49.6 %.
The industry in total had a 38.1 % growth.
Added value per fulltime employee in the total industry
2008: DKK 615,565
680
580
480
380
280
180
80
Added value per fulltime employee in energy technology industries
2008: DKK 596,765
2000 2001 2002
Total industry
2003 2004 2005
- hereof energy technology industries
2006 2007 2008