Why is Denmark installing less wind?

Meyer (2003) indicated that Denmark was having problems transitioning from feed-in tariff system to tradable certificates.
REN21 shows that Denmark, while still a world leader in wind capacity, installed relatively little in the year 2005. Are conditions for investment so uncertain?

According to the Danish Wind Industry Association (http://www.windpower.org/en/market.htm), "Previously Denmark had a fixed feed-in tariff for wind power, but today all power is sold on the liberalised electricity market. In addition to the market price, which is set by the Nordic power exchange, Nord Pool, wind power investors get an environmental premium of 0.10 DDK/kWh (approx. 0.013 EUR/kWh). This development from fixed to market based prices is natural in a liberalised market system. But the Danish Wind Industry Association deems the current premium too low – considering the environmental benefits and the necessary rate of return for the investors in wind power." MAY NOT BE RECENTLY UPDATED.

Having a hard time finding information on current state of RE investment in Denmark.

Copenhagen Post article: "Diminished growth worries wind industry" from 2 August 2007. http://www.cphpost.dk/print.jsp?o_id=102916

• Also printed a copy.
• Denmark not on Global Wind Energy Council Top 20 list for capacity expansion in 2006.
• Rosa Andersen, advisor for Danish Wind Energy Association, said country only installed 6 turbines in 2006.
• Article doesn't explain why.
  

Copenhagen Post article: "Nation not so green after all, says EU" from 14 June 2007. http://www.cphpost.dk/get/102200.html

• Rows of windmills and international praise for our use of green energy sources create a picture at odds with the European Union's own version of the country's energy efforts, reported Nyhedsavisen newspaper Monday.
• EU data on sustainable energy casts a shadow over Denmark’s image as a global green leader, as the country was at the bottom of the 27-member union list for funding towards sustainable energy sources.
• Denmark’s dominant energy symbol, the wind turbine, has suffered under the current government, with the country losing 19 turbines last year - 28 were junked while only nine new ones were raised. The total wind energy produced nationwide was only 11 megawatts in 2006 compared with 600 megawatts in 2000.
• ONLY 11 MW IN 2006? JUST NOT RUNNING THE WINDMILLS? WHAT IS GOING ON?

Borsen (Danish Financial daily) article: "The Danish wind turbine market has come to a standstill" from 12 Feb 2007.
http://borsen.dk/nyhed/103814/

• Says virtual standstill in wind turbine installation since 2003
• Vestas spokesman says investors are going to more profitable places, like Germany
• As to why, article just says Danish government has removed incentives for wind turbines

Pittsburgh Post-Gazette article: "Danish island touts clean energy, but reality sets in" from 9 Feb 2006
http://www.post-gazette.com/pg/06040/652715.stm

• Denmark's cutting-edge wind industry, for instance, has flourished on the back of Danish businesses and consumers who pay government-mandated premiums for wind power and other alternative energies.
• Such premiums, which are used in most of the EU's 25 member countries to spur alternative-energy development, have made Denmark a leader in wind power. The Nordic country of 5.4 million today gets 20 percent of its electricity from wind, more than any other country in Europe.
• Now, though, the Danish government is pulling back on energy incentives, arguing that they are a drag on the economy. The effect won't be felt fully until 2010, when current fixed-price contracts for wind power expire and turbine owners are thrown into the free market.
• ...Then in 2001, conservatives ousted Denmark's social democrats amid an economic slump. The new government began phasing out the contracts that guaranteed high income for producers of wind energy. It also ended tax credits and subsidies for solar panels and heating systems fueled by wood, straw and other organic "biomass."
• "It was a shift in philosophy, a belief that the market will give more cost-effective solutions," says Ture Falbe-Hansen, a spokesman for the Danish Energy Authority.
• The result was a collapse of the overall domestic Danish market for wind turbines. Although the market is small and largely saturated, it had been a laboratory for Danish turbine makers like Vestas Wind Systems A/S to hone their technology. Now, Vestas is depending on China, the U.S. and other markets for growth, but it must compete with large companies that also make turbines, including General Electric Co. of the U.S. and Siemens AG of Germany, for business.

At end of day, Monday, Oct 1, still not sure exactly what current situation is in Denmark regarding renewables policies. Seems that shift to more conservative government in 2001 led to cutting back of subsidies, but hard to find information.