Five years have passed since Elsam, Energi E2, DONG, Nesa, Københavns Energi and Frederiksberg Forsyning merged under the name of DONG Energy. A merger process that began already in 2003 and on 1 July 2006, it culminated in the birth of DONG Energy, the largest merger in Danish history.
“Five years later, we can conclude that the merger is a success. It was a complicated birth and many ends had to meet. But today, DONG Energy is a strong and unified company that plays a role in setting the agenda in the modern energy society. The success had not been possible without the help of those who have worked to make the merger the success that it is,” says Anders Eldrup, CEO of DONG Energy.
The establishment of DONG Energy in 2006 is a milestone in the development of the Danish energy sector. Now Denmark had an integrated energy company that was fit to take on European competition and had the proper size to set a new agenda.
“The merger gave us the necessary strength to change our perception of energy. DONG Energy’s vision is to make a conversion from black to green energy by 2040. It is an extensive reorganisation. But we are well on our way. Today, we have achieved 21% of our objective to convert our production to renewable energy,” Anders Eldrup explains, and continues:
“The coming years will show an ever more international DONG Energy. It will result in increased earnings for DONG Energy, but it is also an asset to Denmark. In a future with constant battles for resources and where we must find a way to create balance in an energy system, Denmark is exposed if we stand alone. Denmark will have a much stronger position in an energy integrated Europe. When DONG Energy works for clean and reliable energy in our neighbouring countries, we strengthen the region and by doing so, we strengthen Denmark.
The five year anniversary is celebrated with the publication of the book ‘Moving energy forward’ written by Dr. Phil Mogens Rüdiger, Professor. The book describes the history of energy from the first gas lamps in Copenhagen to today’s modern energy system.
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Source: dongenergy, July 01, 2011;