The energy materials industry is rapidly growing, with the share of renewable energy in the Netherlands doubling from 2008 to 2019, particularly in offshore wind and rooftop solar. By 2018, renewable energy accounted for 7.4% of total final energy consumption, and this percentage continues to rise.
Segment-Specific Insights
As of 2023, the energy materials market achieved a 7.2% CAGR, with innovations in smart grids and energy efficiency, fuelling the country’s sustainable future. Recent reports project an 8% compound annual growth rate (CAGR) over five years. Major segments propelling this growth are advanced solar photovoltaic materials, next-generation battery technologies, offshore wind energy components, hydrogen production and storage materials and smart grid and energy efficiency technologies.
Productivity and Economic Impact
The energy materials sector contributes approximately €18.5 billion annually to the Dutch economy, supporting 45,000 skilled jobs. Driven by innovation and sustainability, it boosts productivity, attracts investments, and creates opportunities in research, manufacturing, and advanced technologies. Richard, Group Leader at the Dutch Institute for Fundamental Energy Research (DIFFER) and Scientific Director at the Eindhoven Institute of Renewable Energy Systems (EIRES) believes that international professionals are drawn to the Netherlands for its focus on interface engineering and innovative manufacturing.