Overview
- The Nederwiek I-A tender for a 1 gigawatt offshore wind park closed with zero bids, according to Minister Sophie Hermans.
- The cabinet has reserved funds to reintroduce offshore wind subsidies, which will be available again from next year.
- The ministry is preparing legislation to offer price guarantees to energy companies to stabilize project revenues.
- A new procurement will be required, delaying the project that was slated to deliver power by 2030 and potentially adding costs for grid operator TenneT.
- Hermans said similar tender failures in the United Kingdom, Belgium and Denmark show the strain is wider than the Netherlands.