Climate and energy highlights of the new Belgian federal coalition agreement

The new government will plead for a EU reduction objective of 30% of the greenhouse gas emissions in 2020 and of 80 to 95% in 2050 compared to 1990. If need be, the federal energy regulator can propose a temporary maximum price, which should reduce Belgian prices to the average of the prices in the neighbouring countries while maintaining competition. The government will prune away the nuclear profits. The revenue will be used, among others, to support investments in renewable energy projects in the North Sea and in energy efficiency of federal public buildings. The Government will investigate legal ways to temporarily put at the disposal of the market a production share of the depreciated nuclear power plants. The government confirms its intention to phase out the nuclear power plants in accordance with the Act of 2003. It will draw up a development plan for new production capacity from diversified energy sources in order to safeguard in a credible manner the security of supply in electricity for the country in the short, medium and long term. Potential investor will be guaranteed of a connection of new production capacity to the system within terms conceivable with the phase out of the nuclear plants.

Climate and energy highlights of the new Belgian federal coalition agreement