Greater Copenhagen Business Brief

Collaborative innovation powers renewable solutions

Official Business Brief of Greater Copenhagen Greater Copenhagen Greater Copenhagen offers you the best of all worlds powers your renewable solution

Greater Copenhagen has the best infrastructure, environment and ecosystem anywhere in the world for fostering and commercialising cleantech innovation.

Greater Copenhagen has an enviable No. 1 worldwide reputation for its strength in areas State of such as urban solutions, circular economy, in Europe for Strong industry clusters for wind power and energy storage. And both ease of doing food, cleantech and life the art Denmark and Sweden are at the top of The research and Global Cleantech Innovation Index 2017 for business sciences being particularly strong within cleantech test facilities innovation and commercialisation. The World Bank 2012-2017 The key contributing drivers for this high ranking include the amount of capital raised by cleantech funds and the number of cleantech organisations. Along with a stable commitment to environmental protection, resource efficiency and renewable energy goals. World-leading in cleantech Greater Copenhagen houses many testing, The world’s Highly demo, and pre-commercial scale production innovation most ambitious skilled opportunities, as well as numerous possibilities climate and for public and private funding. This makes No. 1 on The Global Cleantech workforce Greater Copenhagen an ideal location for Innovation Index 2017 energy goals nurturing and commercialising cleantech innovation.

Greater Copenhagen is a metropolitan region covering eastern Denmark and Skåne in southern Sweden. Greater Copenhagen’s 79 municipalities are home to 4 million inhabitants Sweden has the 2nd highest R&D and constitute Scandinavia’s largest expenditure per capita in Europe recruitment base for highly skilled workers. Unesco The region offers world-class research facilities, a creative business environment No. 1 in the with close collaboration between private and public partners and a unique work-life balance European Union’s Digital 44 % export increase of Danish green for all. Economy and Society energy technology from 2010-2016 Index 2017 The Danish Energy Agency 2016

2 3 Ambition and commitment drive our green transition

Greater Copenhagen’s ambitious climate goals and steadfast legislation drive renewable energy innovation and the transition towards a sustainable future. The region is placed on top of The Global Cleantech Innovation Index precisely because of this commitment.

Greater Copenhagen has taken a lead position in innovation within renewable energy industries. This position is prompted by state incentives and ambitious regulation. Copenhagen - carbon-neutral by 2025 In Greater Copenhagen you will find some of the most ambitious climate and energy goals in the world. The region of Skåne aims to be entirely free of fossil fuels by 2030. And Copenhagen aims to be the world’s first the city of Copenhagen works toward being the world’s first carbon-neutral capital in 2025. The city of carbon-neutral capital by 2025. Copenhagen intends to show that it is possible to combine growth, development and increased quality These climate goals rest on a solid rock of stable and of life with the reduction of CO2 emissions. committed policy framework and strong political will to nurture new solutions and technologies.

Photo: Thomas Christensen “ The Global Cleantech "Countries that are strong ‘cleantech 100% Innovation Index 2017 commercialisers’ have an overall strong Green cross-border project commitment to environmental protection, free of fossil fuels by 2030 resource efficiency, climate mitigation and The Green STRING Corridor project is promoting the Denmark no. 1 renewable energy goals, while also having the Skåne in Greater Copenhagen aims to be potential of innovative transport and logistics necessary market sophistication and size to entirely free of fossil fuels by 2030. solutions for developing a green transport Sweden no. 3 scale domestic emerging innovations." corridor between Greater Copenhagen and northern Germany. - Cleantech Group and WWF

4 5 Our triple helix ecosystem benefits new technologies

Greater Copenhagen‘s innovative energy successes are built on the dynamics of the triple helix ecosystem and collaboration between government agencies, research institutes and business networks.

In Greater Copenhagen there is a long tradition of working together in public-private partnerships. This collaborative way of working, combined with many years of proactive and ambitious energy and climate policies, have fostered an ideal environment for innovative cleantech companies.

In Greater Copenhagen companies have the perfect conditions for commercially developing their products in collaboration with some of the world’s best research and test facilities – as well as ambitious and visionary businesses and talents.

Company case The Nordics' most

Airec is developing ground-breaking solutions innovative university to some of the biggest man-made challenges facing the planet. Designed to be cost-effective The Technical University of and optimised for air and water cooling systems, Denmark (DTU) is the most innovative Airec’s AirLight exchangers can increase energy university in the Nordic Region. efficiency and reduce CO2 emissions by up to 30% in systems for air conditioning, freezing and - Reuters 2017 ventilation.

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Photo: Thomas Christensen Unique world-class test facilities

PowerLabDK is a technical platform that offers testing, training and demonstration in unique state of the art facilities. The platform facilities are spread across four locations in Denmark and include a small-scale distributed energy system based on physical components such as wind turbines, solar panels, smart houses and electric vehicles. The platform is particularly known for digital energy solutions, interconnected energy systems and optimised electric energy technologies. Furthermore, they are world-leading in vehicle-to-grid technology which is conducted in the in-house electric vehicle lab.

Photo: ESS

"Lund University has a great innovation“ system, good support systems and an outstanding research park that provides an excellent environment for companies wanting to expand."

- Kristofer Cook, CEO Cyclicor

v MAX IV European Spallation Source

The MAX IV in Lund is an electron accelerator European Spallation Source (ESS), which will be laboratory for synchrotron radiation research. It has the operating in 2023, is a multidisciplinary scientific world’s brightest source of X-rays. MAX IV hosts more research centre harnessing the world’s most powerful than 2,000 scientists annually from around the world, neutron source. ESS is a pan-European project with making Greater Copenhagen home to the highest 15 member nations. Once operating, ESS is expected quality of X-rays available to scientists from academia to be responsible for research breakthroughs in areas and industry globally. like medicine, transport, environmental science and climate. Photo: DTU PowerLabDK

8 9 Greater Copenhagen - a living lab for urban solutions

Greater Copenhagen's many innovative labs are key to development, test and commercialisation of your new technology. Photo: Nicolai Perjesi Entire streets, city districts – and even islands – are becoming living labs for urban testing and demonstration. Data access drives new DOLL – The world’s largest technologies lab for urban lighting

Copenhagen Solution Lab is the perfect partner for Greater Copenhagen is your preferred laboratory for building, islands – in Greater Copenhagen are well-established living Greater Copenhagen is the most advanced development, test and demonstration of new monitoring and managing the data infrastructure of cities, labs. These offer ideal conditions for testing and one-stop hub for smart urban lighting development, technologies. and to make them able to handle the challenges of climate demonstration within a variety of areas such as lightning, ITS, testing and demonstration. The region is home to the change and urbanisation. smart buildings, water, heating and waste management. world’s largest living laboratory for smart urban Central to the project is the open data strategy, where lighting, the Danish Outdoor Lighting Lab (DOLL). the municipality of Copenhagen gives access to The region’s lead position is powered by state incentives and More than 250 companies, including Cisco and Hitachi, are different kinds of data, that can generate knowledge ambitious climate regulations. This has created a strong already involved in activities in Greater Copenhagen, due to Here, intelligent controlling and smart city solutions and improve future urban solutions. innovative culture full of projects and a deep commitment many early-adopter citizens and the unique, high-quality data are tested in 1:1 test facilities offering a real-life urban to finding new urban technologies and solutions. and level of digitisation in the public sector. The companies environment with roads and pathways, as well as see Greater Copenhagen as a perfect match, as the region testing of indoor mock-ups in settings such as senior The many living labs are supporting the creation of offers ideal conditions in which to test, improve and housing, hospitals and schools. sustainable urban solutions. Entire city districts – and even commercialise urban technologies.

Develop, test and demonstrate future energy solutions 100% renewable city

The EnergyLab Nordhavn project covers many district by 2020 experimental activities, which benefit from unique data provided by tests in one of the largest urban Development of new city solutions requires development districts in Europe. systematic and targeted experiments at the right scale. The €19 million project received €11 million from Malmö’s city district Hyllie are turning into the most the Danish Energy Technology Development and climate-smart city district in the region with an energy Demonstration Programme. Project partners include supply 100% covered by renewable and recycled ABB, Ørsted, Danfoss and the municipality of energy by 2020. The project involves the whole energy Copenhagen. system: electricity, heating, cooling and transport.

Photo: Adam Mørk

10 11 The ideal place to develop future energy storage solutions

Greater Copenhagen is a pioneering leader in wind energy and has a long tradition for the early adoption of renewable energy sources and innovative technologies. It is the perfect location to develop, test and demonstrate your energy storage solutions.

A unique integration of research, education, innovation and public-private partnerships has made Greater Copenhagen internationally recognised for being at the forefront of wind World-leading research energy technology. institutes

The region offers a thriving wind energy ecosystem with a large The Technical University of Denmark has accessible talent base due to decades of being home to leading industry state of the art laboratories with experimental facilities partners, world-class research facilities and access to strong within fuel cells, electrolysis, solar cells, batteries, funding schemes. magnetic refrigeration and other sustainable technologies. And the MAX IV laboratory and the With the world’s highest wind power penetration, a leading test European Spallation Source strengthens Greater market and an extremely reliable power grid, many energy Copenhagen as a global hub for research within storage companies find Greater Copenhagen ideal when material science which will shape the future making new investments. And with business and demonstration production, storage and consumption of opportunities continuously appearing, Greater Copenhagen is a renewable energy. fantastic place to develop, test and demonstrate your new technologies within energy conversion and storage.

17.5 million Smart grid test paradise to energy storage solutions Greater Copenhagen has the most reliable power grid in Europe with Denmark being involved in 30% of smart In 2018 the Danish government has earmarked a pool Grid R&D Projects in EU. The entire island of Bornholm of 130 million DKK (approx. 17,5 million Euros) to is dedicated to testing smart grid and integration of large-scale energy storage projects. renewables.

Photo: Thomas Christensen

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Photo: Thomas Christensen World's highest wind power penetration Electric Ferries Scandlines, operating in Greater Copenhagen, is the 43,8% first ferry operator in the world to make large-scale use of an onboard hybrid propulsion system, which stores excess energy in batteries. Scandlines owns the of Denmarks total electricity world’s largest hybrid ferry fleet. Since 2013, the consumption in 2017 company has invested more than EUR 25 million in sustainable technologies, with a clear goal of operating - The Danish Ministry of Climate and Energy emission-free ferry traffic in the years to come.

Lolland – a living lab

With a power production seven times higher than local consumption, the island of Lolland is an international focal point for tomorrow’s sustainable energy conversion. International companies and organisations can all tap into the knowledge and technologies created through the partnership between the municipalities of Lolland and Copenhagen, collaborating to find solutions for storage of surplus renewable energy.

The global wind turbine manufacturer Vestas’ multi-rotor concept demonstrator is erected at DTU Risø Campus, where it will be studied closely in the coming years to test specific functionalities.

Photo: DTU Wind Energy

“We are very pleased“ to put our State of the art test facilities expertise to work in the research collaboration with Vestas. It is Starting in 2018, The Technical University of Denmark’s promising if you can increase Risø Campus has accommodated the new Poul la Cour output in novel and untraditional Wind Tunnel. With wind speeds up to 105 meters per ways, and we hope that this new second, corresponding to three times hurricane strength, new turbine blades can be tested in a exciting concept can contribute to scalable environment that gathers data on noise, making the wind turbine pressure and exposure. The wind tunnel is the only technology even more efficient” such facility in the world with open testing options.

- Anders Bjarklev, President of DTU Photo: Steen Knarberg

14 15 Breaking new ground within circular economy

Greater Copenhagen is internationally recognised for innovative initiatives in circular economy. The region is home to the world’s first large-scale industrial symbiosis with a circular approach to production.

Greater Copenhagen is committed to growing an exchange resources like steam, sludge, and fly ash through economy based on sustainable production and renewable a series of pipelines. resources. Companies like IKEA, Unilever and Carlsberg in Greater Copenhagen are increasingly focusing on using The exchange offers environmental benefits to the biomaterials and engaging in circular economy to surrounding area as well as financial savings and become even more sustainable. increased market competitiveness to all partners involved.

The world’s first large-scale industrial symbiosis with The Kalundborg Symbiosis is a textbook example of how Photo: Thomas Christensen a circular approach to production is based in Greater industrial production companies can provide, share and reuse Copenhagen. The Kalundborg Symbiosis project uses resources to create shared value. It is also a prime example of the logic of both industry and nature to form an industrial Greater Copenhagen’s triple helix ecosystem of businesses, symbiosis. In the symbiosis, nine participants including research and government. Novo Nordisk, Statoil, Ørsted and Kalundborg Municipality, Unibio - non-polluting Tender - plastic waste protein production turned to resource

The Greater Copenhagen based company Unibio is The cluster organisation Clean Cluster and world-leading in bacterial protein fermentation. Unibio Copenhagen Municipality have developed an is an innovative and successful company pioneering international innovation tender. The tender aims within sustainable circular production. to develop state of the art plastic sorting and The non-polluting protein product is not genetically reprocessing plant. The status is a pre-qualification manipulated but is the result of a natural process of three different consortia. The tender is one among industrialised by Unibio. The only waste product from many opportunities to develop clean technologies in the production is clean water. Greater Copenhagen.

Photo: Kalundborg Symbiosis Biogas is on the rise - huge investments ahead

All city busses in Skåne in Greater Copenhagen Denmark aims to recycle already run on biogas. And Skåne aims to be entirely BioInnovation - Ambitious project open for more partners free of fossil fuels in all transportation by 2030. BioInnovation is a strategic programme with a mission of committing Sweden to 100% renewable energy by 2040. The 50% project has a yearly budget of around 11 million Euro. 60 partners are currently involved and new partners are joining on a rolling basis. of all household waste by 2022

16 17 Hook up with our innovative tech startups

Tap into Greater Copenhagen’s innovative startups to find new business, disrupt products and procedures, and improve your services.

Greater Copenhagen is one of the most digitised and innovative regions in Europe. Our bustling, creative startup scene has fostered some of the world’s most successful tech companies and disruptive startups.

In Greater Copenhagen we connect foreign companies and investors with startups and entrepreneurs to facilitate powerful partnerships, access to new technologies, and Early digital adaptor citizens profitable business opportunities. We invite you to join us. No. 1 in the European Union’s Digital Economy and Society Index 2017 Photo: Ty Stange

Customised scouting connects you to our vibrant startup scene

The Nordics had 50% of all billion-dollar exits in Europe from 2005 to 2016.

Sweden and Denmark are innovation powerhouses, ranking 1 and 3 respectively on the European Innovation Scoreboard 2017 (European Commission).

Greater Copenhagen has highly-skilled, innovative talent from top tech universities.

Greater Copenhagen attracted the 2nd most startup investments in the Nordics in 2016.

Photo: Ty Stange

18 19 Photo: Ty Stange Easy access via Copenhagen Airport

Enjoy hassle-free travel to and from Northern Europe's best airport.

Copenhagen Airport is the largest airport in Scandinavia. As well as having direct flights to all major European cities, Copenhagen Airport also has direct flights to key cities like Beijing, Shanghai, Tokyo, New York and San Francisco. With massive expansion plans Copenhagen Airport will be able to handle up to 40 million passengers annually in the years to come. Copenhagen Airport Copenhagenis the best airport Airport in The journey from the airport to Malmö city centre only takes 20 is the best airport in minutes, and you can reach Lund in Sweden in 35 minutes. Northern Europe Copenhagen city centre is only 13 minutes away. Northern Europe World Airport Awards, Skytrax 2017 World Airport Awards, Skytrax 2017

HELSINI OSLO STOCHOL 2h TALINN

Happy people make Among the world’s 11/2h happy business best regions for attracting GOTHENBURG talent 1h RIGA High Quality of life - IMD World Talent Ranking 2017 AARHUS A central part of what makes Greater Copenhagen one EDINBURGH COPENHAGEN of the world’s easiest regions for business is its workforce. Apart from well-developed language skills, high education levels and its sheer ambition, what sets the region’s workforce apart is its prioritisation of talent. GDANS HABURG Our collaborative way of working, flat hierarchy and ASTERDA high level of trust between employer and employee BERLIN WARSAW create ideal conditions for fostering talent. LONDON

And as European leaders in creativity and innovation, Excellent English skills Greater Copenhagen is attractive to top quality labour BRUSSELS FRANFURT RAGUE Swedes and Danes rank 2 and 3 among the best from all over the world. Perhaps that’s why the Insead non-native English speakers in the world. Global Talent Competitiveness Index lists Greater Copenhagen as one of the world’s best regions for WIEN ARIS UNICH - EF English Proficiency Index 2017 attracting talent.

RICH BUDAEST

20 21 How can we help your company?

Copenhagen Capacity and Invest in Skåne supports foreign companies, investors and talent in identifying, releasing and capitalising on business opportunities in Greater Copenhagen — from initial considerations to final establishment.

We provide free and fully confidential business Business information, industry reports consulting services to foreign-owned companies and benchmark analyses who want to expand their business to Greater Copenhagen and beyond. Support from business consultants with profound hands-on industry knowledge

Access to a large network of businesses, authorities and service providers Contrary to popular belief, operating a business in Greater Unbiased cost calculation and location tools Low company tax Copenhagen is not particularly costly. Practical assistance during the entire process and Europe’s of setting up your business

Staff costs for highly educated most flexible employees, including PhDs, labour market are highly competitive.

Company tax in Denmark and Sweden is 22% and Denmark offers a unique 0% double taxation rule, making Greater Copenhagen the perfect base for Contact business expansion. Denmark has Europe’s lowest rate of social security contribution on salaries. 10-20% The country is also famed for its “flexicurity” labour market model, providing Djouhara Westberg Fredrik Jonsson the most flexible employment legislation in Europe. The term covers Business Development Business Development Copenhagen Capacity Invest in Skåne maximum freedom to adjust the workforce to fit your company’s order Greater Copenhagen is cheaper volume without compromising employee need for security. All ideal, when than Stockholm in terms of you want to scale up your production. salary, social contribution Email: [email protected] Email: [email protected] Phone: 0045 33 34 38 76 Phone: 0046 725 93 08 29 and office rent. Mobile: 0045 40 22 14 36 Mobile: 0046 40 675 34 61

22 23 INVEST IN GREATER COPENHAGEN

COPENHAGEN CAPACITY INVEST IN SKÅNE Nørregade 7B, DK – 1165 Copenhagen K Dockplatsen 26, SE – 211 19 Malmö 0045 33 22 02 22 0046 725 93 08 29 [email protected] [email protected] www.copcap.com www.investinskane.com

L /company/copenhagen-capacity L /company/investinskane T @CopenhagenIPA T @investinskane

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