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POWER: Netherlands to Possibly Build Four Nukes, Reduce 2040 Offshore Wind Goal

POWER
BulletPower BulletsEnergy BulletsCommodities

The Dutch government is considering lowering its 2040 offshore wind target of 50GW due to plans for four new nuclear power stations, a government spokesman said, cited by Montel.

  • New plans include two additional nuclear plants including the previous two already announced, bringing the total to four, with a €14.1bn investment.
  • The government is set to clarify its plans for the construction and financing of new reactors by mid-next year.
  • The country has one operational nuclear reactor, the 495MW Borssele plant, which is set to shut down in 2033, though plans are underway to extend its operational life.
  • The Netherlands aims for 70GW of offshore wind capacity by 2050, currently having 4.7GW installed.
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The Dutch government is considering lowering its 2040 offshore wind target of 50GW due to plans for four new nuclear power stations, a government spokesman said, cited by Montel.

  • New plans include two additional nuclear plants including the previous two already announced, bringing the total to four, with a €14.1bn investment.
  • The government is set to clarify its plans for the construction and financing of new reactors by mid-next year.
  • The country has one operational nuclear reactor, the 495MW Borssele plant, which is set to shut down in 2033, though plans are underway to extend its operational life.
  • The Netherlands aims for 70GW of offshore wind capacity by 2050, currently having 4.7GW installed.