ARTICLE
18 February 2016

More Clarity On Intended Timeline For Dutch Offshore Wind Farms Tender

DB
De Brauw Blackstone Westbroek N.V.

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De Brauw Blackstone Westbroek is a leading international law firm, trusted by clients for over 150 years due to its deep engagement with their businesses and a clear understanding of their ambitions. While rooted in Dutch society, the firm offers global coverage through its network of top-tier law firms, ensuring seamless, tailored legal solutions. De Brauw’s independence enables it to choose the best partners while remaining a trusted, strategic advisor to clients worldwide.

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The Minister of Economic Affairs recently submitted to parliament a bill amending the Electricity Act 1998 and an accompanying draft decree on compensation relating to the offshore grid.
Netherlands Energy and Natural Resources

The Minister of Economic Affairs recently submitted to parliament a bill amending the Electricity Act 1998 and an accompanying draft decree on compensation relating to the offshore grid. The bill designates TenneT as the offshore transmission system operator and creates a basis for compensation of damage caused by the late completion or malfunction of the offshore grid. The draft decree sets out detailed provisions on this right to compensation. These matters were originally part of the STROOM Bill, which the First Chamber of the Dutch Parliament rejected on 22 December 2015. By submitting this new bill and draft decree the Minister is trying to avoid a delay in the development of offshore wind farms. If all goes to plan, the bill and decree will enter into force on 1 April, allowing the first tender for offshore wind farms to start on that same date and end early May 2016 (no exact date known yet).

Below you will find a link to the new bill, the explanatory memorandum, and the draft decree (in Dutch only) . We will, of course, keep you informed of further developments.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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