Denmark Reaches 3.9 Billion DKK Budget Deal on Green Heating and EV Subsidies

Denmark finalized a 3.9 billion Danish kroner green budget deal. This agreement brings financial support for households upgrading heating and leasing electric cars. Residents in Denmark can cut heating and transport costs under the new plan.

The package is part of Denmark's 2027 national budget agreement. It provides targeted subsidies for families replacing gas heating with green heat pumps. The funding also covers costs for disconnecting homes from the fossil gas network. Municipalities will expand local district heating connections using these funds.

The budget deal also introduces subsidies for electric vehicle leasing. These EV subsidies target lower-income households to make green transport affordable. (Source: Xinhua News Agency)