Belgium Power Report - Business Monitor International - Industry Reports

Belgium Power Report

Belgium Power Report - Business Monitor International - Industry Reports
Belgium Power Report
Published Aug 20, 2016
52 pages — Published Aug 20, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

The Belgian government rejected the German government s request to shut down the Tihange - and Doel - nuclear reactors. Germany expressed concerns over the safety at the nuclear reactors that are close to its borders, due to apparent flaws in the reactor pressure vessels. ...Support for the Rentel and Norther offshore wind farms has been reduced from -- to -- years, following the approval of a draft law by the Belgian Council of Ministers. The reduction in the support period will reportedly save the Belgian government up to EUR-bn Transmission System Operator (TSO) Elia has awarded Dutch engineering firm KCI the contract to design of an offshore switchyard. The purpose of the switchyard is to connect multiple Belgian offshore wind projects to a single point before connecting to the onshore grid, thereby making offshore grid connections more economical. ...The purpose of the switchyard is to connect multiple Belgian offshore wind projects to a single point before connecting to the onshore grid, thereby making offshore grid connections more economical. We maintain our forecasts for Belgian transmission and distribution losses since last quarter.

...We forecast nuclear power generation will decline by an average of --.- y-o-y throughout our ---year forecast period, reaching low generation levels of below -.-TWh by ----. Although the government has indicated it wishes to close all nuclear power plants in Belgium by ----, we do not forecast that all nuclear power plants will be taken offline. This follows the recent decision by the Belgian government to extend the lifetimes of the already ageing nuclear power plants, coupled with the lack of significant capacity coming online to fill the void should nuclear power be completely phased out. Future investment in the Belgian power sector will be limited by uncertainty over energy policy formation over our ---year forecast period, with the absence of a long-term vision and continued mixed messages on nuclear policy set to continue weakening investor sentiment. Belgium currently has -.-GW of nuclear capacity, and nuclear power was estimated to account for about --.- of the country s total electricity production in ----, generating a total of --.-TWh. ...Belgium currently has -.-GW of nuclear capacity, and nuclear power was estimated to account for about --.- of the country s total electricity production in ----, generating a total of --.-TWh. By ----, we forecast that nuclear generation will account for only about -- of total electricity generation.

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

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Source:
Document ID
2058-0800
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Belgium Power Report" Aug 20, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Belgium-Power-Report-2026-1817>
  
APA:
Business Monitor International - Industry Reports. (2016). Belgium Power Report Aug 20, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Belgium-Power-Report-2026-1817>
  
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