Renewable energy growth slows
By The Holland Times Wed. 12 June 2013
In the short-term, the Dutch renewable energy market is set to remain sluggish with unchanged regulatory frameworks and fiscal austerity measures suffered by the economy impacting growth of the sector, according to a new report published by Business Monitor International.
Nevertheless, the report maintains that the long-term market outlook is quite positive, supported by a mild recovery of the economy. Still, political instability and reduced investments expected in the coming years could pose a challenge to sector growth.
Non-hydropower renewable generation in the Netherlands is forecast to grow by just over 3.5 percent throughout 2013, representing a marked slowdown from the ten-year average of nearly 10.5 percent.
This sudden slowdown is attributed to the unsupportive regulations imposed by the preceding government and continuous budget-deficit and austerity concerns faced by the present government.
(Photo: Axel Bruns)