Netherlands to invest huge in renewable
Jun 19, 2008 - Editor: Yan Liang - Xinhua
BRUSSELS - The Dutch government said it will invest 7.5
billion euros in energy supply between now and 2011 with
priority given to renewable energy, energy saving and CO2
reduction in order to reduce the country's dependency on
oil and gas, Dutch newspapers reported on Thursday.
In its energy policy unveiled on Wednesday the government
said the country's energy production should be cleaner and
more diversified and it must remain reliable and affordable.
While presenting the Energy Report 2008 in The Hague, Dutch
Economy Minister Maria van der Hoeven said the Netherlands
should not rule out any options, even nuclear power.
About 4 billion of the 7.5 billion euros will be invested
in renewable energy. Just over 1 billion will be spent on
energy conservation and 1 billion on reducing CO2 emissions.
The Dutch government wants at least 20 percent of energy
consumed to be sustainable by 2020.
It wants to work together with market parties and knowledge
institutes to stimulate the use of wind at sea, biofuels
and small-scale decentralized technologies to generate power.
An "energy island" should be built on the North Sea to
generate power from tides and from wind. The government
will investigate options ranging from generating electricity
from the disparity between fresh and salt water and the
cultivation of algae for the production of biofuels.
"The high oil price, the growing demand for energy and
the rising CO2 emissions are forcing the Netherlands to
drastically change its energy supply," Van der Hoeven was
quoted as saying.
She emphasized that this government will not make a decision
on the construction of new nuclear power plants, but it
wants to workout scenarios for nuclear power in the Netherlands
to present to parliament in two years' time.
Nuclear power generated by the Netherlands' only nuclear
power plant in the coastal town of Borssele now accounts
for 4 percent of the Netherlands' electricity production.
Nuclear power is also imported from France and Belgium,
which represents 5 percent of Dutch electricity consumption.