Uncertainty is blocking investments in power plants

Uncertainty is blocking investments in power plants

The energy regulator Creg says the continuing uncertainty surrounding the future of the Belgian nuclear plants is blocking further investment in power plants, De Standaard reported on Wednesday.

A new report by Creg says the market remains frozen due to the ongoing discussions about prolonging nuclear plants Doel 1 and 2. It has also not yet been decided whether to restart Doel 3 and Tihange 2, which have both been at a standstill for over a year after micro-cracks were discovered.

If Doel 3 and Tihange 2 are started up again later this year, there will be very little space for new investments. Also, investors do not believe that the government will be able to create a situation where all the plants can be closed before 2025.

Creg has asked for “the uncertainty to be dealt with as soon as possible, to encourage investment”.

(Source: Belga)

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