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Dutch €4.7 billion recovery & resilience plan gets EU nod; Offshore wind, green hydrogen in focus
The European Commission has assessed and endorsed the Netherlands' recovery and resilience plan worth EUR 4.7 billion, a big chunk of which will go toward clean energy and decarbonisation, including projects related to offshore wind, green hydrogen'
EUR 694 million will go toward facilitating the connection of offshore wind farms to the grid on land to reach the country’s goal of having up to 21 GW in 2030, and toward supporting shipping safety and protecting the North Sea ecosystem around offshore wind farms.
The plan also supports research in green hydrogen and sustainable fuels for aviation, as well as reforms in permitting procedures for renewables and adjustments to the industrial CO2 and aviation taxation schemes.
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Dutch €4.7 billion recovery & resilience plan gets EU nod; Offshore wind, green hydrogen in focus
The European Commission has assessed and endorsed the Netherlands' recovery and resilience plan worth EUR 4.7 billion, a big chunk of which will go toward clean energy and decarbonisation, including projects related to offshore wind, green hydrogen, and s
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