The Netherlands: 28 billion euros for the fight against climate change

The Netherlands has announced a €28 billion package of measures to reduce greenhouse gas emissions, including the closure of all gas and coal-fired power plants by 2035 and subsidies for the purchase of used electric cars.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Dutch government on Wednesday unveiled a package of measures to reduce the Netherlands’ greenhouse gas emissions and combat climate change, totaling 28 billion euros.

These measures, which include clean energy and electric vehicle initiatives, should enable the country to meet its targets of reducing CO2 emissions by 55% by 2030 compared to 1990 levels. Even rise to 60%. “It is inevitable that our country, our landscape and our economy will change,” commented Rob Jetten, Minister of Climate and Energy, in presenting these measures at a press conference in The Hague.

“We are working to achieve a carbon neutral circular economy by 2050,” he noted. “To do that, we need to really get rid of fossil fuels and we need to reduce our greenhouse gas emissions,” Jetten continued. He presented no less than 120 measures, including the closure of all gas and coal-fired power plants by 2035, subsidies for the purchase of second-hand electric vehicles and a 65 million euro envelope to fund research into the construction of smaller nuclear power plants. The authorities had already announced the construction of two nuclear power plants in the south of the country by 2035.

According to the minister, the likely rise in oil prices in the next few years will encourage motorists to opt for electric transportation. Therefore, the government has set aside 600 million euros to subsidize the purchase of used electric vehicles. And also to increase the number of battery charging sites.

“By working hard to create our own renewable energy sources, we can ensure that we are less dependent on fossil fuels from questionable regimes,” Jetten said. “We don’t have to be blackmailed by guys like Putin,” he said, referring to the Russian president.

Europe was very dependent on Russian gas before Moscow invaded Ukraine in February 2022. The Dutch announcement comes after the formal adoption on Tuesday by the European Union member states of the ambitious reform of their carbon market, voted the previous week by MEPs, a final green light that paves the way for the entry into force of this pillar of the European climate plan.

National operator PSE partners with armed forces to protect transformer stations as critical infrastructure faces sabotage linked to foreign interference.
The Norwegian government establishes a commission to anticipate the decline of hydrocarbons and assess economic options for the country in the coming decades.
Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.
Hurricanes Beryl, Helene and Milton accounted for 80% of electricity outages recorded in 2024, marking a ten-year high according to federal data.
The French Energy Regulatory Commission introduces a temporary prudential control on gas and electricity suppliers through a “guichet à blanc” opening in December, pending the transposition of European rules.
The Carney–Smith agreement launches a new pipeline to Asia, removes oil and gas emission caps, and initiates reform of the Pacific north coast tanker ban.
The gradual exit from CfD contracts is turning stable assets into infrastructures exposed to higher volatility, challenging expected returns and traditional financing models for the renewable sector.
The Canadian government introduces major legislative changes to the Energy Efficiency Act to support its national strategy and adapt to the realities of digital commerce.
Quebec becomes the only Canadian province where a carbon price still applies directly to fuels, as Ottawa eliminated the public-facing carbon tax in April 2025.
New Delhi launches a 72.8 bn INR incentive plan to build a 6,000-tonne domestic capacity for permanent magnets, amid rising Chinese export restrictions on critical components.
The rise of CfDs, PPAs and capacity mechanisms signals a structural shift: markets alone no longer cover 10–30-year financing needs, while spot prices have surged 400% in Europe since 2019.
Germany plans to finalise the €5.8bn ($6.34bn) purchase of a 25.1% stake in TenneT Germany to strengthen its control over critical national power grid infrastructure.
The Ghanaian government is implementing a reform of its energy system focused on increasing the use of local natural gas, aiming to reduce electricity production costs and limit the sector's financial imbalance.
On the 50th anniversary of its independence, Suriname announced a national roadmap including major public investment to develop its offshore oil reserves.
In its latest review, the International Energy Agency warns of structural blockages in South Korea’s electricity market, calling for urgent reforms to close the gap on renewables and reduce dependence on imported fossil fuels.
China's power generation capacity recorded strong growth in October, driven by continued expansion of solar and wind, according to official data from the National Energy Administration.
The 2026–2031 offshore programme proposes opening over one billion acres to oil exploration, triggering a regulatory clash between Washington, coastal states and legal advocacy groups.
The government of Mozambique is consolidating its gas transport and regasification assets under a public vehicle, anchoring the strategic Beira–Rompco corridor to support Rovuma projects and respond to South Africa’s gas dependency.
The British system operator NESO initiates a consultation process to define the methodology of eleven upcoming regional strategic plans aimed at coordinating energy needs across England, Scotland and Wales.
The Belém summit ends with a technical compromise prioritising forest investment and adaptation, while avoiding fossil fuel discussions and opening a climate–trade dialogue likely to trigger new regulatory disputes.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.