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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
The Netherlands should continue its push for decarbonisation – IEA
The Dutch energy market should continue on its path towards decarbonisation, and the country should have a long-term framework towards 2030 to secure its energy supplies, says the International Energy Agency (IEA) in a report that praises the country’s energy market openness.
The IEA’s report, Energy Policies of IEA Countries – The Netherlands 2014 welcomes the country’s renewed focus on energy efficiency and renewable energies. It also commends the Netherlands’ investment in energy infrastructure in recent years which will facilitate its progress towards becoming an energy hub, noting that this could strengthen Europe’s security of supply through improved access to flexible and competitive energy supplies.
The Dutch refining and petrochemical industry is a successful example of how to combine competitiveness and energy efficiency by integrating the whole supply chain, says the IEA, which is important in the face of growing global energy price differences.
Yet the report notes that despite the many encouraging policy steps it has taken in recent years, the Netherlands remains one of the most fossil fuel-intensive economies among IEA member countries, and it urged the country to step up its decarbonisation efforts.
The Netherlands is moving towards becoming a net importer of natural gas. The IEA sees energy security opportunities for the country from developing indigenous resources, such as renewable energies or unconventional fossil fuels, as well as increased energy efficiency or nuclear energy. This will require not only an efficient energy market but a stable policy framework beyond 2020.
As a major energy hub, the Netherlands can benefit from stepping up cooperation with its neighbours on competitive electricity markets and system operation, notably for pooling reserves to meet demand peaks at the regional level, adds the IEA. ‘Integrating the electricity systems across borders with new interconnections ensures resource efficiency. Europe’s energy markets need to be efficient and make renewable energies an integral part,’ said IEA Executive Director Maria Van der Hoeven when launching the report.
News Item details
Journal title: Energy World
Countries: Netherlands -
Subjects: Energy efficiency, Reserves, Carbon emissions
