Danish power company Dong is considering investing in the UK’s waste-to-energy market as a way of cutting its carbon emissions by 85 per cent by 2040.

Dong chief executive Anders Eldrup said the company was interested in Britain’s plans for growth in the sector, which include anaerobic digestion plants and biogas facilities on farms.

He told UK environmental news site BusinessGreen: “We’re looking into it and it could be a proposal for the UK. As the situation is just now, we don’t know what will be the rules, but we will follow it closely and if it’s a good regime it will be of interest to us.”

He also revealed that the company had no plans to enter the shale gas market, following the line of the Danish government which has shied away from shale because of environmental concerns.

“We’re not in the shale gas business and I think that until the question marks that have been raised about the viability on the environmental side have been cleaned up, it would not be of interest.”

Last month Christian Skakkbaek, vice president of Dong, predicted that the UK will overtake the Danes as the global leader on wind power.

He said that Dong saw such potential in the UK that it was investigating setting up several operations centres in the country.