Slim pickings in the pipeline for Dutch offshore financiers
The Netherlands offers slim pickings to offshore wind financiers out to 2025, despite being last year’s top European M&A market for offshore wind with deals worth €2.6bn.
Filters & Sorting
Bird migration spurs more Dutch offshore wind output curbs
Wind farms in the Dutch North Sea will switch off more frequently from this autumn onwards in a government-led initiative to ensure a safer flight corridor for migrating birds.
Netherlands readies subsidy for world’s first offshore wind-hydrogen tender
The Dutch government has set aside funds to hand out subsidies in the world’s first tender to construct a 500MW offshore hydrogen electrolyser project powered exclusively by offshore wind by 2031.
Netherlands to hold €300mn green hydrogen import auction through H2Global
The Dutch government has agreed to fund a €300mn ($327mn) auction window through the German-led H2Global initiative to import green hydrogen derivatives. The Austrian and Belgian governments are also in talks to join the initiative, H2Global CEO Timo Bollerhey tells Hydrogen Economist.
Dutch eye first tender for offshore wind and green hydrogen
The Dutch government could as early as next year open a tender for the construction of a 500 MW offshore hydrogen electrolyser powered exclusively by nearby offshore wind turbines, a world first.
Dutch emissions drop 30% below 1990 levels for first time
Dutch greenhouse gas (GHG) emissions fell more than 30% below benchmark 1990 levels for the first time ever in 2022, amid a sharp drop in gas demand and a rise in renewable energy output, the Dutch statistics office said.
Europe’s gas grid could gain new life in a hydrogen economy
As Europe turns towards decarbonisation, parts of its vast gas grid could find a new lease of life in transporting hydrogen instead. Energy journalist Karolin Schaps investigates how plausible the task of repurposing old gas pipelines is and, if it is a no-brainer, why conversion is not taking place more quickly.
TSO Tennet suffers nearly EUR 1bn loss on high energy prices
Dutch state-owned TSO Tennet recorded an accounting loss of EUR 976m last year as record-high energy prices made it more expensive than ever to contract grid balancing capacity needed to integrate growing intermittent renewable energy production into the grid.
Renewables account for record 40% of Dutch annual power mix
Renewable energy sources accounted for a record 40% of the electricity mix in the Netherlands last year thanks to a strong build-out of wind and solar capacity, government data showed.
No land, no problem: Netherlands innovates to lead EU solar drive
The Netherlands, Europe's solar panel leader, is finding innovative places to site solar projects on limited land.
Dutch energy suppliers’ profits no higher than 5% – watchdog
The profits made by the Netherlands’ three largest energy suppliers, Eneco, Essent and Vattenfall, are no higher than 5% of revenue, a market watchdog investigation into whether consumers were being overcharged has found.
Bouncing back
Gas demand in the Netherlands, one of Europe’s most gas-intensive economies, has fallen
to the lowest level in more than 50 years – will it rebound?
Dutch TSO scraps plans for floating LNG at Terneuzen
Dutch gas TSO Gasunie has dropped plans to build a temporary floating LNG import terminal at the southwestern Dutch port of Terneuzen.
COP explores Dutch market entry
Copenhagen Offshore Partners (COP) is mulling a move into the Dutch offshore wind market. The Danish developer has opened an office in Utrecht but the company, the development arm of Copenhagen Infrastructure Partners (CIP), declined to comment on potential bids in upcoming Dutch offshore tenders.
Dutch to set Groningen field closure date in June
The Dutch government will decide in June whether it will finalise the closure of the huge Groningen gas field this year or in 2024. The government had promised to fully shut down gas production at the field last year but the gas supply crunch exacerbated by Russia’s invasion of Ukraine forced the Netherlands to delay the definitive closure date.
Shell, Eneco win 760 MW Dutch offshore wind tender
The Dutch government has picked Shell and Eneco as winners of the 760 MW Hollandse Kust West 6 offshore wind park tender. The Dutch Ecowende consortium, which is also jointly developing the 760 MW Hollandse Kust Noord offshore wind farm to start operating next year, secured the bid on the back of innovative ecological proposals, the government said.
Copper shortfall’s ‘dramatic impact’ on energy transition drives search for answers
The global clean energy transition is moving at full speed, with the electrification of energy generation happening quicker than expected as governments fast-track regulatory support for green power sources in response to the energy crisis. As demand is rising for greentech such as electric vehicles (EVs), solar panels and transmission cables, so is the need for the copper that conducts the electricity powering the energy transition.
Dutch fret about prized TTF as price cap looms
The Netherlands is fiercely opposed to the EU’s TTF price cap proposal, saying it could harm security of supply and financial stability, as it also worries about the measure destroying liquidity on the benchmark European gas index.
Dutch VTTI to auction LNG capacity rights in early 2023
Dutch energy and chemical storage specialist VTTI will hold an open season early next year to auction off capacity rights to a 5bcm floating LNG terminal it plans to open in the Netherlands in early 2024.
Dutch government to subsidise Bergermeer gas injections in 2023
The Dutch government will continue subsidising gas storage injections next year, setting aside EUR 520.5m for the filling of the commercial 4.6bcm Bergermeer gas storage site, the country’s largest.
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