Striving for an optimal production mix. How much is needed of each technology so as to arrive at affordable prices, assure supply and reach environmental targets?
Will nuclear energy remain central in a decarbonization strategy? A vicious circle could appear in which nuclear power plants are not shut down in order to remedy to a capacity shortage. As long as nuclear plants are not shut down, investment in conventional power plants does not generate high enough returns, and investors in alternative energy sources remain hesitant. They delay their investment, which does not remedy to the capacity shortage. This, in turn, leads to further electricity production from nuclear sources.
At the same time, a clear decision on alternative sources of energy needs to be made. Policy makers will have to calculate the associated costs and conclude how these costs are going to be financed. For example, the Belgian offshore windmills are indispensible to achieve Belgium’s emission targets, but the costs associated with these energy sources are substantial. For now, all consumers bear these costs through taxes. Large industrial companies want these taxes to be lowered in order to remain competitive with companies in neighboring countries. If policy-makers agree with this, the costs for residential customers could rise significantly.
The authorization process needs be simplified, along with the overall administrative burden
These different bodies need to share the same vision and objectives in terms of energy policy