Filter by tags: Europe Vlaams Belang Clear all tag filters
1 news articles found
Critics say gas plants are needed to replace reactors which, in turn, will increase CO2-emissions
Belgium has seven commercial reactors with three at Tihange (pictured) and four at Doel. Courtesy Electrabel.
The European commission has approved a capacity remuneration mechanism (CRM) in Belgium after concluding the measure does not distort competition in the single market – and despite criticism that it could lead to the construction of additional gas-fired capacity to compensate for a planned nuclear phaseout and make Belgium “one of the most polluting energy producers in Europe”.
The commission said the CRM will contribute to ensuring security of electricity supply, especially as Belgium has decided to phase out all commercial nuclear capacity by 2025.
The approval follows an in-depth investigation launched by the commission in September 2020 to assess if Belgian plans to introduce the national market-wide mechanism were in line with EU state aid rules.
The commission said the CRM will contribute to ensuring security of electricity supply, especially as Belgium has decided to phase out all commercial nuclear capacity by 2025.
The approval follows an in-depth investigation launched by the commission in September 2020 to assess if Belgian plans to introduce the national market-wide mechanism were in line with EU state aid rules.
The CRM, which is intended to replace the Belgian strategic reserve, will select beneficiaries through a competitive bidding process. They will be remunerated for their availability in situations where there is shortage of supply and receive capacity payment for the duration of the agreement, which would range between one and 15 years, depending on the size of investment.
- Source: Nucnet
- Date: Tuesday, 07 September 2021
- Original article: nucnet.org/news/subsidy-approval-and-nuclear-phaseout-will-make-country-one-of-most-polluting-energy-producers-in-europe-9-1-2021