Latest belgian energy storage subsidy policy

What is Belgium's energy policy?

Belgium’s energy policy is focused on transitioning to a low-carbon economy while ensuring security of supply, lowering costs for consumers, increasing market competition and continuing integration with the European energy system.

What is the energy storage project in Belgium?

The main energy storage project in Belgium is the construction and operation of an offshore pumped-storage facility, referred to as an 'energy atoll' (essentially a manmade offshore facility) (see below). This project has been supported by the modification of the Electricity Act in 2014 to facilitate offshore wind-generated electricity production.

Where is the battery energy storage project located in Belgium?

Once completed, the four-hour battery energy storage project will operate under a 15-year contract with Elia, Belgium’s electricity grid operator, and be located next to Engie’s gas power plant in Vilvoorde. From pv magazine ESS News site

How is Belgium preparing for a gas transition?

Belgium is also working with France, Germany and the Netherlands to ensure that security of gas supply is maintained as production from the Groningen gas field is phased out. Since the IEA’s last energy policy review in 2016, Belgium has made progress on its energy transition.

What is Belgium's energy supply?

In 2020, fossil fuels (mainly oil and natural gas) accounted for 71% of its energy supply. Most fossil fuel demand comes from industry and transport, but Belgium’s buildings also have a notable demand for gas, while oil covered 33% of residential building demand in 2020.

Why is electrification important in Belgium?

Electrification is a central aspect of Belgium’s push for energy transition. However, Belgium’s low heating oil and gas prices and high electricity prices significantly limit the incentive for electrification.