IEA urges Belgium to take a long-term approach to energy policy
Belgium should adopt a national long-term energy strategy without delay, the International Energy Agency (IEA) said today, stressing that such a plan was required to respond to the challenge of decarbonising the economy while ensuring security of supply and affordability of energy.
Speaking at the launch of an IEA review of Belgium’s energy policies, IEA Executive Director Fatih Birol encouraged Belgium’s federal and regional governments to work decisively together. “Our review rings alarm bells due to the lack of private-sector investment in the electricity sector,” Dr. Birol commented. “Government efforts to mobilise investment should include an electricity market design that ensures a viable business model for power generation. And to avoid a lack of generation capacity in the medium term, Belgium could consider operating their nuclear power plants as long as they are certified to be safe by the regulator.” ….