Dutch government doubles renewable subsidy funding for 2020


The Dutch government has announced the doubling of its planned budget for the country’s renewable energy subsidy programme to €4 billion ($4.5 billion) in 2020, as part of its efforts to cut greenhouse gas emissions by 25% by the end of the year.

The government previously planned a total of €2 billion ($2.25 billion) in clean energy subsidies.

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Eric Wiebes, Minister of Economic Affairs and Climate Policy said: “The extra money is intended to help the country meet its promise to cut carbon dioxide emissions.

“There are a large number of projects that can offer a cost-effective contribution.”

The government has also increased the subsidy for buyers of new electric cars (EVs) as part of its efforts to transition to electric transportation.

Separately, the government introduced a new €4,000 (£3,450) grant for buyers of new electric cars.

The Netherlands generated 18% more electricity from renewable resources last year than in 2018, with solar power in particular showing strong growth, according to preliminary figures from Dutch national statistics office CBS.

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