The Dutch Government has told electricity producer Vattenfall to close its 650MW coal-fired Hemweg-8 plant in Amsterdam by the end of this year.

This announcement by the government is part of its strategy to meet the ‘Urgenda target’ of 25% carbon dioxide reduction by 2020.

The ‘Urgenda target’ comes from a case filed by the Urgenda Foundation against the Dutch government. The District Court of The Hague ruled in favour of Urgenda, requiring the government to take drastic steps to reduce emissions.

“Vattenfall say that the early closure of the 650MW coal-fired plant will have major consequences for its production in the Netherlands and its employees.”

In May 2018, the Dutch Government had presented a bill to phase out the use of coal in energy production by 2029. Under this bill, Vattenfall was given until the end of 2024 before the Hemweg power station was expected to close its operations.

Vattenfall had adjusted its plans by undertaking some additional investments so the facility could remain operational. It says that the early closure of the 650MW coal-fired plant will have major consequences for its production in the Netherlands and its employees.

In a statement, the company said: “Exploratory talks have been held between the government and Vattenfall. The Dutch Government has indicated that the level of the compensation for losses will be discussed further in the coming period. Vattenfall has confidence in a good outcome of those discussions.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.