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

Van Oord Completes Monopile Installation at Windanker

Van Oord Completes Monopile In

Australian Union Members Back Pluto LNG 2 Strike

Australian Union Members Back

Survey shows that oil companies in Norway will drill 18% less exploration wells by 2026.

Survey shows that oil companie

Cadeler’s WTIV Newbuild En Route to Europe for Maiden Offshore Wind Job

Cadeler’s WTIV Newbuild En Rou

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine