The Government of the Netherlands plans to more than double the financial support to renewable energy sources in 2016 through its feed-in premium scheme auction mechanism called SDE+. From €3.5bn in 2014 and 2015, the 2016 version of the SDE+ will be granted of €8bn to fund renewable energy projects.
SDE+ 2016 will provide 2 bidding rounds of €4bn (from 1 March to 31 March and from 30 August to 29 September) which will be split in four weeks each. During round 1, projects with power generation costs of up to €90/MWh will be awarded, then, the settlement will gradually opened up to more expensive projects to €110/MWh, €130/MWh and €150/MWh. During the opening of the SDE+, applicants have the option to submit their projects in the so-called free category.
The SDE+ 2015 budget of €3.5bn has been fully awarded to194 renewable energy projects and was oversubscribed with a total of €7.7bn grant requested.
A part from the €8bn budget commitments for the SDE+ 2016, the Netherlands has also budgeted €5bn for the tenders of offshore wind plots I and II of the Borssele area.
As part of the national Energy Agreement, the partners have committed themselves to achieving 14% renewable energy by 2020 and 16% in 2023.
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