Should Greenland convert heating demands to electric?

One analysis suggests that the most pressing need for Greenland is to convert heating demands to electric, after the electric supply systems become renewable-based . Hydrogen could encourage green electrified heating by supporting greater renewable capacity additions.

Can solar energy reduce fossil fuel costs in Greenland?

Dramatic and ongoing reductions in the cost of solar energy and battery storage combined with copious sunlight for seven months of the year suggest that solar and storage could play an important role in reducing costs and dependence on fossil fuels in Greenland and elsewhere in the far north.

Does Greenland have a diesel price?

Therefore the consumer diesel price in Qaanaaq is the same as in the much farther south Nuuk. The only tax imposed on fuel is a small environmental tax, unlike Denmark and other European countries that apply energy, CO2, NOx, and value added taxes. The consumer price of fuel in Greenland is therefore very low compared to Europe.

Should Greenland invest in solar energy?

Even without a change in the one-price model, government investment in solar energy for communities around Greenland will lower Nukissiorfiit’s dependence on fossil fuel which would help to reduce the associated large ongoing deficits incurred by Nukissiorfiit . Table 8. Annual cost savings in USD/ Year for Solar–BES–diesel hybrid scenarios.

How are fuel costs determined in Greenland?

Fuel costs in Greenland are determined by an agreement between a fuel wholesaler, PolarOil, and the Government. Fuel is bought in bulk on a yearly basis and stored in local deposits to ensure price stability. The fuel price is fixed for all localities to ensure equity.

Are renewables cost-competitive in Greenland?

Generally, high fuel prices allow for greater solar installations and thus fuel savings under an economic minimization model. The low costs of fuels in Greenland make it challenging for renewables to become cost-competitive in the analysis.