As part of the Sustainable Energy and Climate Transition Incentive Scheme (SDE++), the Netherlands has received 4,112 subsidy applications for projects that contribute to reduce greenhouse gas (GHG) emissions in the country. A total of €6.4bn in subsidies was requested, including €2.4bn for 4,195 MW of solar PV projects, €2.1bn for carbon capture and storage (CCS) project, €618m for electric boilers and €355m for heat pumps, exceeding the available budget of €5bn. The Netherlands Enterprise Agency will assess the submitted applications.
Among the requests for subsidies, Shell and ExxonMobil plan to develop a project to store CO2 gasses in empty gas fields in the Dutch North Sea, while Air Liquide and Air Products are developing a project to capture CO2 emitted by factories and refineries in the Rotterdam port area.
In December 2020, the European Commission approved, under EU State aid rules, the €30bn SDE++ scheme. The scheme, which will run until 2025, is open to projects based on renewable electricity, gas and heat, the use of industrial waste heat and heat pumps, the electrification of industrial heat processes and electrification of hydrogen production, and CCS for industrial processes, including hydrogen production and waste incineration. The project will receive support via a variable premium contract of the duration of up to 15 years.
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