Technical FAQs 4

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.

Will Belgium build a gas-fired power station in 2025?

Belgium has already authorized the construction of two new gas-fired power stations (to be operational in 2025) and has plans to release additional funds to encourage investment in energy storage technologies.

Does Belgium need a capacity remuneration mechanism after the nuclear phase-out?

All copyright and other proprietary rights in the report remain the property of Compass Lexecon and all rights are reserved. After the nuclear phase-out is completed in 2025, Belgium will need investment in firm and flexible capacity. To support such investment Belgium is setting up a Capacity Remuneration Mechanism (CRM).

How much storage capacity does Belgium need in 2020?

The need for storage capacity in Belgium is expected to increase from 7 GW to 12 GW in 2020.

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Belgian energy storage power station investment threshold

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