AMSTERDAM, NETHERLANDS - A transformer platform from TenneT is seen where electricity from wind turbines is being collected to transport back to the shore in Scheveningen, Netherlands.

Dutch power grid operator TenneT announced on Thursday that electricity shortages could be possible in the Netherlands by 2030, as the switch from fossil fuels drives demand but power generation becomes increasingly weather dependent. "The electrification of production processes and the closure throughout Europe of flexible power plants running on coal, gas, and nuclear fuel would make international supply uncertain," TenneT said.

According to the company, Domestic supply would largely be enough to meet demand in the Netherlands until 2025, it said, but insecurity is expected to significantly increase towards the end of the decade. In order to prevent shortages, electricity supply and demand would need to become more flexible, while new ways to store power from renewable sources need to be developed and connections with British and Scandinavian grids should be expanded, TenneT said.

The Dutch government announced last month that it was planning to build two new nuclear power plants by 2035, which should supply up to 13% of the country's total electricity production by then.

Source: Reuters