On April 2, the Dutch ministry of economic affairs published the draft SDE subsidy regulation for wind power generation at sea (Regeling Windenergie op Zee). The publication starts a public consultation round that lasts until the end of this month. The draft regulation is based on the SDE Decree (Besluit SDE) that creates the general framework for subsidization of renewable power generation.
The new draft regulation sets out the selection criteria and conditions for subsidization, but does not include the subsidy cap, the maximum tender amount, the base power price or the correction amounts. Although these important commercial figures are not yet included, the draft regulation does set out the general principles that will be applied in the awarding process. It sets out main principles such as the minimum and maximum nominal generation capacity per site, the timing and number of subsidy requests, the minimum amount of equity as a percentage of total CAPEX, the methodology of the subsidy awarding process (including the attached draft realization agreement and bank guarantee), the maximum realization/construction period, the P 50 full-load methodology and the effective date. It is therefore recommended to review the draft regulation, its explanatory notes and its attachments for elements that may limit potential consortia in their subsidy requests. Closing date of the consultation is April 30, 2015.
Also, on April 1, the Decree on Exemptions for De-central Power Generation (Experimentenbesluit) was put on the Statute Books. It provides for temporary exemptions to the requirements of the Electricity Act (Elektriciteitswet) to allow local renewable power generation. Exemptions may be requested shortly and will be possible in the coming four years.