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Policy & Regulation

Belgium considers its options ahead of nuclear phase-out

The closure of nuclear reactors in Belgium presents an opportunity for gas to increase its market share, although capacity payments will be needed to trigger new investments The closure of nuclear reactors in Belgium presents an opportunity for gas to increase its market share, although capacity payments will be needed to trigger new investments.
By Andreas Walstad 2 hours ago Europe & Russia / Policy & Regulation 0 34414
New capacity needed

Belgium will lose around half of its power generation capacity if the government goes ahead with plans to close the country’s last nuclear reactors by 2025, with new gas-fired power expected to fill much of the gap. Moreover, the coal phase-out in neighbouring countries including Germany, France, the UK and the Netherlands will make it harder to import electricity through interconnectors during shortages, according to a recent adequacy study by Belgian grid operator...