Bloomberg Markets
Aarhus Denmark Economy Fossil Fuel Image Credit: Bloomberg Markets
Aarhus Denmark Economy Fossil Fuel Image Credit: Bloomberg Markets

Aarhus, The World's Biggest Maker Of Wind Turbines!

Propelled by Europe’s remarkable shift away from fossil fuels, the Danish city of Aarhus is at the center of a booming renewable economy

Lars Paulsson

With its lively waterfront, tree-lined canal, and red-brick buildings topped by steep gunmetal-gray roofs, Aarhus looks like just another coastal city in Northern Europe. But get closer, and what comes into focus is a place central to the continent’s remarkable shift to renewable energy. Down by the docks, at a facility nestled among huge oil tanks that reek of the past, the world’s biggest wind-turbine maker tests parts for these gargantuan machines of the future. Meanwhile, in offices all across Denmark’s second-largest city, fast-growing cadres of energy traders are making big bucks from the volatility that wind and solar power generate.

This didn’t happen by accident. What would ultimately become Vestas Wind Systems A/S started as a blacksmith shop in 1898 on the western edge of Jutland, a windswept peninsula sandwiched between the North Sea and southern Sweden. Until the 1970s the company’s products ranged from milk coolers to steel window frames. As Denmark, a net energy importer, was stung by that decade’s oil crises, Vestas turned its hand to alternative energy. Early turbine prototypes—including one that looked like a giant egg whisk—were developed in secret. After several decades building up its wind- turbine business, the company moved its headquarters to Aarhus, Jutland’s biggest city.

Today wind regularly meets more than half of Denmark’s demand for power. As the country’s reliance o


Continue Reading with Magzter GOLD Subscription

Log in if you're already a subscriber

Continue Reading This Article For FREE By Downloading The Magzter App

Magzter for iOS Magzter for Android

To continue reading on the website, Click here

Get unlimited access to thousands of curated premium story and 5,000+ magazines

Try FREE for 7 days or

Download the Magzter App and
Try FREE for 30 days


More from Bloomberg Markets