Rotterdam Onyx coal-fired power station will close permanently

Rotterdam Onyx coal-fired power station will close permanently

Subsidy for owner of up to 212.5 million euros

The owner of the coal-fired power station will receive a maximum of €212.5 million in subsidy to voluntarily and completely close the power station. Once all the conditions have been met, the power station must stop using coal within two months and be decommissioned within three years.

‘Step-by-step’

State Secretary Yeşilgöz-Zegerius: “Step by step we are phasing out the coal-fired power stations in the Netherlands and making our energy supply cleaner. This way we save CO2 while maintaining a reliable energy supply. In the coming years, the remaining three coal-fired power stations will still be needed to supply electricity as there is a lot of demand for it, for example in periods of little wind and sun.”

Security of supply of electricity remains guaranteed

With the closure of the Onyx coal-fired power station, the annual CO2 emissions of the power station will be reduced from approximately 3 megatonnes to 0. The security of supply of electricity will be guaranteed with the closure of the Onyx coal-fired power station, because the remaining coal-fired power stations will remain in a position to mitigate any security of supply risks. to catch.

Conditions for subsidy

The grant is subject to a number of conditions. For example, Onyx Power must establish an adequate social plan, provide support to employees who may lose their job and the European Commission must provide a definitive answer that there is no question of unauthorized state aid. Once these conditions are met, the power station will have two months to definitively stop producing electricity from coal. Subsequently, the decommissioning of the power station will take a maximum of three years. The cabinet has also agreed with Onyx that the company will waive the previously granted SDE+ subsidy for the additional and co-firing of biomass.

Two investigations launched to prevent overcompensation

In order to establish objectively whether the subsidy awarded does not constitute overcompensation, the government has commissioned two investigations. KPMG has examined the remaining earning capacity of the Onyx power station and concluded that the maximum subsidy is not too generous. In addition, research agency Mace has examined the technical condition of the plant and concluded that the plant could technically have remained in operation for a long time. On the basis of these recommendations, the cabinet has decided to award the subsidy. The payment of the subsidy will take place step by step.

Rotterdam Onyx coal-fired power station will close permanently
Source link Rotterdam Onyx coal-fired power station will close permanently

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