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Three Northern Provinces to ask for hundreds of millions for Energy Transition from EU

September 4, 2020
in Economy
Home Economy

The North wants to use the European Just Transition Fund (JTF) to alse create jobs

As reported by the GIC, Groningen, Friesland, and Drenthe are jointly asking for European funds to help them move to a carbon-zero economy. The Samenwerkingsverband Noord-Nederland (SNN) has announced the news, saying that the funds will be used with three goals in mind: energy-transition, a flexible jobs market, and creating a ‘new economic perspective’ for the region. Projects that could be supported by the funds include the ‘Investment agenda Hydrogen Northern Netherlands’, ‘Drenthe 4.0’, and Wetsus in Leeuwarden.

The Northern Netherlands has long exploited one of the largest natural gas fields in Europe, and as the industry winds down significant support will be needed to help the regional economy and job supply. The North’s bid for funding is likely to be successful, with the European Commission, Dutch Cabinet, and Tweede Kamer factions all speaking in support of the move.

The JTF Fund is part of the EC’s Green Deal. 

Public domain image via Wikimedia user Lisafern

Tags: Drentheenergy transitionEU fundsEuropean CommissionFrieslandGroningen

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