Hybrid solar storage project financing options in Netherlands 2030

How can public and private institutions invest in the Dutch energy transition?

Public and private institutions investing in the Dutch energy transition need to be able to make efficient and effective investment decisions, which requires a strong, consistent evidence-base. Policymakers are faced with questions such as: How can we finance a successful energy transition that will enable us to meet our climate ambitions?

Is there a roadmap for energy storage in the Netherlands?

In the Netherlands, there has also historically not been a roadmap or detailed industrial strategy with supportive legislation, policy, taxation reliefs, or investment incentives for the energy storage market.

How to assess the investment plans for wind and solar in the Netherlands?

In order to assess the investment plans for wind and solar in the Netherlands by European utility companies we rely on the investment plans of the large publicly-traded companies and we use the company’s existing market share (as per BNEF) to estimate what would be the overall investment if all companies would follow similar investment plans.

Will the Netherlands be an emission free power sector by 2035?

Furthermore, the Netherlands aims for an emission free power sector by 2035. The current Dutch electricity mix is heavily dependent on gas and coal generation, with shares of 36.8% and 8.3% in 2023, respectively, as shown in the left-hand chart above.

Is electricity storage a viable option in the Netherlands?

Electricity storage (using batteries) is currently limited in the Netherlands4. Furthermore, in contrast with electricity networks, electricity storage can be involved in multiple different business cases with varying types of risks, and thus different financing requirements.

How much will the Netherlands spend on solar & wind?

Overall, combining the analysis for both solar and wind, our analysis indicates that a total of EUR 18.3bn is expected to be spent by companies in the Netherlands between 2024 and 2030. This translates to an installed capacity that is expected to increase by 17.4 GW by 2030, which compares to only around 12GW between 2015 and 2022.