Belgium in Brief: Banking on a windy day

Belgium in Brief: Banking on a windy day
Credit: Belga

After sweeping the UK and leaving an impressive trail of damage in its wake, Storm Ciarán has come to Belgium, with inverted umbrellas and fallen branches littering streets, not to mention planes grounded and trains delayed or stopped altogether.

Thankfully less powerful than when blasting British shores, strong winds invariably turn my thoughts to harnessing this energy – a pursuit that Belgium is ploughing significant resources into as it enlarges its offshore wind capacity. The impact can already be felt, with the national grid operator observing record wind production in July.

This has on several occasions resulted in electricity prices falling below gas prices and, crucially, gives Belgium control over its energy supply – an issue of sovereignty that makes us less vulnerable to tensions driven by international stresses beyond our direct influence.

Yet the trouble with almost all renewable energies is knowing when they will deliver; productive periods are frequently followed by drought periods, with wind or solar contributing little to nationwide demand. If only we could have wind on tap...

To make up for the shortfall, Belgium has recognised the importance of a reliable base load supply, with its two operational nuclear reactors extended until 2035 to ensure this is met. But it also is looking to other sources to complete the mix and on Monday announced which initiatives will receive subsidies to cover future need.

Notably, investment in battery parks has grown, indicating the ambition to capture and store excess electricity from renewables. This is in line with EIB investment in battery "gigafactories" elsewhere in the EU. Encouragingly, Monday's announcement in Belgium also projected that it will not currently be necessary to construct more gas power stations, with recent plans the object of anger both from locals and environmentalists.

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