What is Belgium's energy policy?

With the publication of the Belgian Federal, Flemish, and Walloon government agreements, Belgium’s energy policy has taken shape, emphasising pragmatism, energy security, industrial competitiveness, and a clear return to nuclear power.

What is the energy storage project in Belgium?

The main energy storage project in Belgium is the construction and operation of an offshore “energy atoll” (essentially a manmade offshore pumped-storage facility), for which the Electricity Act has been modified in 2014 (see below), in order to support offshore wind-generated electricity production.

What does the energy pact mean for Belgium?

It serves as the basis for a coherent medium- and long-term strategy for changing Belgium’s energy system, setting out key measures to accelerate the energy transition. The Pact also gives an insight into the 2030 energy mix. Lastly, it reaffirms energy’s central role in government policy.

Does Belgium have a nuclear energy policy?

However, there is also a clear renewed commitment to nuclear energy, targeting a 4-gigawatt share in the electricity mix. Contrary to previous policies, nuclear energy will play a crucial role in Belgium’s future energy policy.

What will Belgium do to improve energy prices?

Price monitoring will be intensified, and the CREG will expand its analysis of energy prices in export markets to ensure competitiveness. The government also announced continued efforts to make energy invoices more transparent. Hydrogen: Belgium aims to position itself as a hub for hydrogen and its derivatives.

What funding is available for R&I projects in Belgium?

Belgium: Energy Transition Fund. Support for R&I projects for energy. In this context, several publicly funded R&I projects which also include storage, are being performed by Belgian research centres. The funding for energy related R&I projects in 2022 amounts to 25 million €.