Policy & Regulation
Belgium presses on with power subsidy regime
The scheme is intended to attract investment in gas-fired capacity to replace the country's ageing nuclear fleet The scheme is intended to attract investment in gas-fired capacity to replace the country's ageing nuclear fleet.
17 January 2019
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The key issue: The Belgian government approved a new draft power plant subsidy scheme on 11 January in a bid to avoid a capacity crunch when the country switches off its last nuclear reactors, which will possibly happen by 2025.
Interfax analysis: Belgium’s new capacity remuneration mechanism regime – which is subject to approval by the country’s government, parliament and the European Commission – could well succeed in attracting new investment in gas-fired power plants. But this is likely to happen only...
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