|Policy Type:||Economic Instruments>Fiscal/financial incentives>Tax relief, Economic Instruments>Fiscal/financial incentives>Taxes|
|Policy Target:||Energy Utilities>CHP|
|Agency:||Ministry of Economic Affairs|
The Third White Paper on Energy Policy of 1995/1996 set out an extremely ambitious objective for CHP: by 2010, 15 000 MW of CHP capacity were to be installed. This objective was repeated in the 1998 Energy Conservation White Paper (EBN) and forms part of the global competition scenario and thus the Dutch basket of measures for reaching the Kyoto target. Severe competition with relatively low electricity prices, combined with high gas prices caused a slow-down in the development of CHP. The Minister of Economic Affairs announced measures to support CHP. A temporary tax refund for co-generation power was introduced in the Regulatory Energy Tax. For the years 2001 and 2002, the refund was 0.57 Eurocent for each kWh supplied to the grid. To be entitled to the refund, the plant must have a minimum efficiency of 60%. A maximum of ? 5.7 million is refunded per installation. This has resulted in an almost unchanged operation of the co-generation plants.
|This record is superseded by:||MEP: Environmental Quality of Electricity Production (Milieukwaliteit van de Elektriciteitsproductie)|
Last modified: Thu, 14 Mar 2013 12:56:38 CET