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ARTICLE · 27 AUGUST 2024

SDE++ 2024: Attention Points

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From 10 September 2024 to 10 October 2024 the new application round for the 2024 SDE++ subsidy will be open.

LuxembourgFinance and Banking
Jan De Heer
Jan De Heer
Nanne Kusters
Nanne Kusters
Victor van Nuland
Victor van Nuland

From 10 September 2024 to 10 October 2024 the new application round for the 2024 SDE++ subsidy will be open. A total budget of EUR 11.5 billion will be available for supporting sustainable energy production and climate transition projects. This blog discusses some notable regulatory changes compared to prior subsidy rounds, such as the introduction of mechanisms to prevent ‘excess profits' and restrict ‘backward banking' for new solar and wind energy projects.

Under the SDE Decree (Besluit stimulering duurzame energieproductie en klimaattransitie), subsidy is awarded to projects aimed at producing renewable energy or reduction of CO2-emissions on an annual basis. The SDE subsidy scheme is executed by the Dutch Enterprise Agency (Rijksdienst voor Ondernemend Nederland, RVO) on behalf of the Minister of Climate and Sustainable Growth. On 10 September 2024 the new application round will be opened. Subsequently, new sustainable energy production and climate transition

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