BMI View: The Netherlands boast a well-developed wind market with over 4.7GW installed capacity in2017. The reinvigorated SDE+ program, the new offshore bill, and the planned coal exit provide for asteady growth environment on the Dutch non-hydropower renewables market across our ten-year forecastuntil 2026. Particularly solar photovoltaics is seen to benefit from renewed government support, yet doubtsover the reaching of the 2020 targets remain. Going into 2018, we expect a non-hydro renewables capacitygrowth of almost 6.4% resulting in a 4.5% generation increase.
Latest Updates And Structural Trends
Solar PV dominated the first phase of the 2017 SDE+, representing 73%, or over 2.35GW, of all awardedcapacity. Wind power was awarded contracts worth 643MW, with 110MW for Biomass and 50MW forgeothermal projects. The second tender for another EUR6bn is scheduled for autumn. In 2016, almost3.9GW of renewable capacity was awarded, with over 1.1GW in solar.