Dutch Government to Grant $1.18b in Subsidies for Offshore Wind Farms

Published

© Adobe Stock/Nigel
© Adobe Stock/Nigel

The Dutch government will grant around 1 billion euros ($1.18 billion) in subsidies next year for the construction of offshore wind farms with a total capacity of 2 gigawatt (GW), it said on Tuesday.

Tenders for the wind farms had been put on hold in May, as prospective builders had said they saw no viable business case without subsidies.

The Netherlands last year already pushed back plans to increase offshore wind capacity from 4.7 GW to 21 GW to the end of 2032 instead of 2030, citing costs and supply chain difficulties.

($1 = 0.8450 euros)

(Reuters)

Current News

Shell Greenlights Waterflood Project to Bolster Production in Gulf of America

Shell Greenlights Waterflood P

ESVAGT Acquires Two SOVs from Edda Wind

ESVAGT Acquires Two SOVs from

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dräger to Supply Gas Detection

NKT Expands Swedish Cable Accessories Plant Amid Rising Demand

NKT Expands Swedish Cable Acce

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine