Dutch government is socialist when it comes to funding nuclear power.

Dutch Government supports construction of four new nuclear reactors

The incoming coalition government is looking to triple the funding available for new nuclear projects.

Alfie Shaw, June 7, 2024,  https://www.power-technology.com/news/dutch-government-supports-new-nuclear-projects/

The Netherlands’ incoming government is looking to support the construction of four new utility-scale nuclear power reactors as part of a plan to triple government funding available for nuclear projects.

According to Power Magazine, Silvio Erkens, a member of the centre-right People’s Party for Freedom and Democracy (VVD), which will be part of the new government, said that officials already have a tender planned to determine the technology for the first two nuclear plants.

The incoming government has also said it will consider acquiring a stake in the Borssele nuclear power plant should a decision be made to extend the operation of the single-unit plant beyond 2033.

In December 2022, the Dutch Council of Ministers designated the Borssele site as the preferred location for two new reactors and called for a feasibility study into extending the operation of the existing plant beyond 2033.

The new coalition government is now investigating with the plant’s operator and shareholders what will render its extended operation possible, providing a subsidy “to investigate whether it is technically feasible and safe to keep the nuclear power plant in production for longer”.

Borselle, which currently has one pressurised water reactor, has operated since 1973. In 2022, the power plant provided around 3.3% of the country’s electricity.

Zeeuwse Energie Houdstermaatschappij, a public limited company comprised of groups such as the province of Zeeland and various municipalities in the province, owns 70% of the plant, while German utility RWE owns the remaining 30%.

The incoming government reportedly will also earmark €14bn ($15.2bn) for the nuclear power construction programme, which currently has around €4.5bn in funding. Dutch officials created the programme last year, alongside efforts to extend Borssele’s life, to build new nuclear power generation as part of the country’s climate initiatives.

June 11, 2024 - Posted by Christina Macpherson | EUROPE, politics