The SDE ++ scheme, which replaced the previous subsidy program SDE+ in 2020, expanded the program's coverage to include other CO2 emission-reduction strategies, such as CCS.
The SDE++ is a subsidy program that focuses on CO2 sequestration and low carbon electricity technology. Only businesses, organizations, and non-profits may apply to the program.
There are five main categories for this scheme:
1. Renewable electricity (Hydropower, wind, solar...)
2. Renewable heat (solar thermal, geothermal, biomass combustion…)
3. Renewable gas (biomass fermentation or gasification)
4. Low CO2 heat (electric boiler, industrial heat pump…)
5. Low CO2 production (CCUS, hydrogen…)
Depending on the technology, the award may be disbursed over a period of up to 12 to 15 years. The amount of money given out is calculated based on how much energy the company generates or how many emissions are prevented thanks to the technology.
5 billion euros in grants were made available under this initiative in 2020 and 2021.
With an expenditure of EUR 2.1 billion, the CCUS project at the Port of Amsterdam will help sequester 2.5 million tons of CO2 annually in the 2020 round. 2 billion euros were given to solar and wind energy projects, with the remaining funds going toward industrial energy efficiency.