The government of the Netherlands plans to increase the amount of money available under its upcoming renewables subsidy round from €2bn to €4bn, and to create a €4,000 subsidy for buyers of new electric cars.
In November 2019, the government announced that it would auction up to €2bn of additional renewable subsidies to be awarded in a bonus round held in late March 2020, in addition to the €10bn already budgeted for 2020. Financed with unused amounts from two 2019 round, the extra subsidy auction will award similar incentives to the SDE+ autumn 2019 round. In February 2020, the government presented its Sustainable Energy Transition Incentive Scheme (SDE ++) that will be open to solar PV, wind, and other renewable technologies, including Carbon, Capture and Storage (CCS), electric water heater and heat pumps. It will provide financial support under the form sliding feed-in premiums, instead of the current feed-in tariffs. Up to €5bn of incentives will be available and renewable projects will have to be submitted between 29 September and 22 October 2020.
The Netherlands is the European country with the lowest share of renewable in its energy consumption with only 7.4% in 2018, compared to a target of 14% by 2020; this share is expected to rise to just 11.4% in 2020. Renewables covered 15% of electricity consumption in 2018 and 18% in 2019. Renewable electricity generation rose 18% in 2019, compared to 15% in 2018. Solar production increased by 41% and wind by 7%, in relation to the rise in installed capacity.
In December 2019, the Dutch Supreme Court ordered the government to cut the country’s greenhouse gas (GHG) emissions by a quarter from 1990 levels by the end of 2020. In 2018, GHG emissions were 14.5% below their 1990 levels. The Netherlands currently holds a GHG emissions reduction target of 49% by 2030, higher than the EU mandated 40%. According to an official forecast (2017), GHG emissions will be 23% lower in 2020, and 31% lower in 2030 compared to 1990 levels.
Interested in Global Energy Research?
Enerdata's premium online information service provides up-to-date market reports on 110+ countries. The reports include valuable market data and analysis as well as a daily newsfeed, curated by our energy analysts, on the oil, gas, coal and power markets.
This user-friendly tool gives you the essentials about the domestic markets of your concern, including market structure, organisation, actors, projects and business perspectives.