The news comes to reverse the last week’s decisionwhich provided a 33 percent increase in subsidies for solar, wind, geothermaland other projects to 12 billion euros in 2017, from 9 billion euros in 2016,as it struggles to reach 2020 targets.
Netherlands to halt subsidising renewables
The Netherlands announced it will progressively phase out subsidies for renewable energies and focus its climate strategy on energy saving and carbon capture, the Energymarketprice news service reported.
