Outlines of the subsidy rules for Borssele wind farm zone established

Outlines of the subsidy rules for Borssele wind farm zone established

Outlines of the subsidy rules for Borssele wind farm zone established

06.07.2015 NL law

The subsidy tender for the construction and operation of offshore wind farms is increasingly taking shape. With the Offshore Wind Energy Act already having entered into force on 1 July 2015, the Regulation on Offshore Wind Energy 2015 and the Implementation Regulation on Offshore Wind Energy have now also been published in the Government Gazette on 3 July 2015. Both Regulations will enter into force on 1 December 2015.


Drafts of these Regulations were available for inspection in April 2015. No major changes have since been made. Below we briefly outline the essence of the Regulations and the changes made compared to the draft.

Regulation on Offshore Wind Energy 2015

This Regulation specifies to whom the subsidy will be granted for the development of the first two sites of the Borssele wind farm zone (sites I and II).

The main changes compared to the draft are as follows:

  • Applicant’s equity capital must be 10%
    In the draft, the equity capital requirement was only 5%. The Regulation now states that the applicant’s equity capital must represent at least 10% of the total investment costs of the production installation(s).
  • Determination of capital requirement in joint ventures
    The Regulation now clarifies that if the subsidy applicant is a joint venture, the amount of equity capital means the aggregate amount of the equity capital of each of the partners in the joint venture. If the subsidy applicant is a subsidiary, the amount of equity capital means the aggregate amount of equity capital of the parent company and the subsidiary.
  • Bank guarantee amounts increased
    A first bank guarantee of €10 million must be issued within four weeks. This is twice the amount that was mentioned in the draft. A second bank guarantee is to be provided within 12 months. Previously the amount of this bank guarantee was €25 million but this amount is now €35 million.
  • Amount of the penalties increased
    If the operation of the production installation has not started in time, a €3.5 million penalty is forfeited, followed by a monthly penalty in the same amount up to a maximum of €35 million. If the second bank guarantee is not provided in time or the subsidy decision is withdrawn within 12 months at the applicant’s request, the penalty now amounts to €10 million (previous amount was €5 million).
  • Tender amount and electricity base price determined
    The tender amount is no more than €0.124 per kWh. The electricity base price is €0.029 per kWh. The subsidy ceiling is €2.5 billion per site.
  • What happens if any of the conditions precedent are not satisfied?
    If any of the conditions precedent (signing of the realisation agreement or issue of a bank guarantee) are not satisfied or are not satisfied in time, the subsidy will be set at nil and a subsidy will be granted to the applicant that came second in the subsidy tender. This ensures that the wind farm will be realised without much delay and without the need to organise a new tender.
  • Ranking of the applications
    The ranking of applications has remained virtually unchanged and is based on the tender amount. Combined applications are subject to specific rules. A subsidy can only be received for both sites if the 10% capital requirement has been met. If this is not met, the applicant will only be eligible for a subsidy for one of the two sites. In that case, it is no longer up to the applicant to choose for which site a subsidy is granted, as this will be determined on the basis of the tender amount per kWh. The application with the lowest tender amount is eligible for a subsidy. If the tender amount of both applications is the same, lots will be drawn to decide which of the two applications is eligible for a subsidy.
  • No state aid
    The explanatory note to the Regulation now states that the European Commission has approved the SDE Decree. The European Commission concluded that the Decree involves a competitive subsidy system, as a result of which individual subsidy decisions for wind farms exceeding 250 MW need not be notified to the European Commission.
  • Amendment of the General Implementation Regulation concerning the Stimulation of Sustainable Energy Production
    The Regulation also amends this General Implementation Regulation. One of the provisions is that the subsidy applicant must sufficiently demonstrate that the wind turbines are strong enough to withstand the powers to be expected from the wind, waves, sea current and use of the turbine.
    Another provision is that if the applicant’s equity capital is less than 20% of the total capital required, only a letter of intent from a financier is needed for the remaining portion of this 20%. A similar provision about the determination of the amount of equity capital for joint ventures has been included here too.
    If the subsidy applicant is a joint venture, the application must include a list of the joint venture partners. All partners must sign this list to allow each of the partners’ equity capital to be considered in the determination of the equity capital.
    Finally, the Regulation provides that insight into the equity capital must be offered by supplying the most recent annual report. The most recently adopted financial statements of the applicant, its parent company and/or the partners in the joint venture have to be provided for this purpose. The financial statements may not be older than three years. This means that, upon the application deadline in 2016, the financial statements of the year 2013, 2014 or 2015 may be provided.
  • Application form at
    The explanatory note states that a form will be made available via It will include a request to the subsidy applicant to substantiate the costs of investment and operation.

Implementation Regulation on Offshore Wind Energy

The Implementation Regulation further details some criteria set out in the Offshore Wind Energy Act for the granting of the wind permit. These criteria relate to the financial and technical feasibility of the wind farm.

The main changes compared to the draft are as follows:

  • The assessment of the technical feasibility will take into account information from the applicant that must sufficiently demonstrate that the aforementioned requirements on the strength of the wind turbines will be satisfied in time.
  • The assessment of the financial feasibility will take into account the level of insight into the equity capital provided by the applicant.


The publication of the Regulation and the Implementation Regulation marks yet another necessary step in the tender process. The rules of play for the subsidy tender are now final. Subsidy applications may be filed between 2 December 2015 (unless the wind farm site decision has not entered into force at that time) and 31 March 2016, 5 p.m.


Related news

07.11.2019 NL law
Symposium 'From Stint to Fipronil: a compensation fund for victims of energetic government intervention in crisis situations

Seminar - Stibbe is organising a symposium in Amsterdam on Thursday 7 November entitled 'From Stint to Fipronil: a compensation fund for victims of energetic government intervention in crisis situations'. During this symposium, Stibbe lawyer Tijn Kortmann and Prof. Pieter van Vollenhoven, alongside other experts,  will speak about the compensation fund which, according to van Vollenhoven, injured parties should be able to call upon if a decision by the government turns out to be too drastic.

Read more

05.11.2019 NL law
The European Services Directive after Appingedam

Seminar - Stibbe, together with Bureau Stedelijke Planning, is organising a seminar on 5 November on the most recent relevant case law following the Appingedam case. Three months after the final judgment, additional case law from the Council of State has been published concerning the significance of the Services Directive for branching rules and other restrictions on establishment. On 10 October, guidelines titled 'How to deal with the Services Directive in spatial retail policy' will also be published.

Read more

15.10.2019 NL law
Een nieuwe uittredingsregeling voor gemeenschappelijke regelingen

Short Reads - Op 26 augustus 2019 is de internetconsultatie gestart van een wetsvoorstel dat de Wet gemeenschappelijke regelingen (Wgr) wijzigt. Het wetsvoorstel heeft als doel de democratische legitimiteit van gemeenschappelijke regelingen te versterken. In een eerder bericht gingen wij al in op eerdere initiatieven om de Wgr te wijzigen en op de in het wetsvoorstel voorgestelde maatregelen, waarbij zeggenschap over de begroting werd uitgelicht

Read more

18.10.2019 BE law
Grondwettelijk Hof vernietigt versoepeling landschappelijk waardevol agrarisch gebied!

Articles - De Codextrein is niet onbesproken. Reeds een aantal van de bepalingen die werden ingevoerd door de Codextrein stuitten op een ferme "njet" van het Grondwettelijk Hof. Het nieuw ingevoegde artikel 5.7.1. VCRO blijkt hetzelfde lot beschoren te zijn. Deze bepaling strekte ertoe komaf te maken met de zeer strenge (te strenge?) rechtspraak van de Raad voor Vergunningsbetwistingen en de Raad van State inzake landschappelijk waardevol agrarisch gebied (LWAG). Benieuwd naar de draagwijdte van deze bepaling en het vernietigingsarrest? Met deze blog bent u weer helemaal mee.

Read more

15.10.2019 BE law
Avis du Maître architecte et organisation d’une réunion de projet. De nouvelles étapes préalables à la demande de permis d’urbanisme.

Articles - Une des nouveautés de la réforme du CoBAT adoptée le 30 novembre 2017, publiée au Moniteur belge le 20 avril 2018 et entrée en vigueur le 1er septembre 2019 (pour ce qui concerne les demandes de permis d’urbanisme) porte sur la création de deux nouvelles étapes préalables à l’introduction d’une demande de permis d’urbanisme : l’obtention de l’avis du Maître architecte, d’une part, et l’organisation d’une réunion de projet, d’autre part. 

Read more

Our website uses functional cookies for the functioning of the website and analytic cookies that enable us to generate aggregated visitor data. We also use other cookies, such as third party tracking cookies - please indicate whether you agree to the use of these other cookies:

Privacy – en cookieverklaring