The Prague Post - Belgium delays nuclear energy exit 10 years due to Ukraine war

EUR -
AED 4.314247
AFN 72.834015
ALL 95.548235
AMD 435.41981
ANG 2.102654
AOA 1078.414127
ARS 1642.91309
AUD 1.634016
AWG 2.114537
AZN 1.974411
BAM 1.956788
BBD 2.366995
BDT 144.582989
BGN 1.959591
BHD 0.443447
BIF 3492.76323
BMD 1.174743
BND 1.496255
BOB 8.1211
BRL 5.843987
BSD 1.175193
BTN 110.634851
BWP 15.822988
BYN 3.300466
BYR 23024.96355
BZD 2.365994
CAD 1.598373
CDF 2719.530063
CHF 0.921345
CLF 0.02668
CLP 1050.044176
CNY 8.030893
CNH 8.015113
COP 4175.635877
CRC 533.969561
CUC 1.174743
CUP 31.130691
CVE 110.320693
CZK 24.35828
DJF 209.275647
DKK 7.472764
DOP 69.86527
DZD 155.497455
EGP 61.753302
ERN 17.621146
ETB 183.500836
FJD 2.583027
FKP 0.870329
GBP 0.86585
GEL 3.148182
GGP 0.870329
GHS 13.038582
GIP 0.870329
GMD 86.334075
GNF 10314.206857
GTQ 8.984536
GYD 245.874123
HKD 9.207113
HNL 31.232767
HRK 7.537267
HTG 153.867676
HUF 363.652304
IDR 20212.981139
ILS 3.499265
IMP 0.870329
INR 110.588194
IQD 1539.577215
IRR 1547136.581076
ISK 143.811587
JEP 0.870329
JMD 185.523657
JOD 0.832925
JPY 187.031088
KES 151.895467
KGS 102.708602
KHR 4703.374375
KMF 493.391788
KPW 1057.268728
KRW 1727.835061
KWD 0.361539
KYD 0.979394
KZT 538.421808
LAK 25753.000728
LBP 105240.828077
LKR 374.018814
LRD 215.648865
LSL 19.367977
LTL 3.468711
LVL 0.71059
LYD 7.454763
MAD 10.859682
MDL 20.34327
MGA 4884.465795
MKD 61.665369
MMK 2466.869922
MNT 4201.457577
MOP 9.486889
MRU 46.92669
MUR 54.872583
MVR 18.149453
MWK 2037.828745
MXN 20.393065
MYR 4.643174
MZN 75.077649
NAD 19.367977
NGN 1596.125509
NIO 43.251835
NOK 10.887812
NPR 177.015362
NZD 1.985557
OMR 0.451695
PAB 1.175193
PEN 4.097969
PGK 5.103576
PHP 71.382677
PKR 327.562761
PLN 4.24437
PYG 7403.737583
QAR 4.295969
RON 5.095451
RSD 117.38388
RUB 87.989024
RWF 1722.269443
SAR 4.406255
SBD 9.451169
SCR 16.251034
SDG 705.436248
SEK 10.791483
SGD 1.495471
SHP 0.877064
SLE 28.928043
SLL 24633.769637
SOS 671.639059
SRD 44.009982
STD 24314.809095
STN 24.512374
SVC 10.283191
SYP 129.838452
SZL 19.351769
THB 37.943614
TJS 11.038272
TMT 4.117474
TND 3.419026
TOP 2.8285
TRY 52.890808
TTD 7.980029
TWD 36.918062
TZS 3057.270029
UAH 51.829644
UGX 4372.207194
USD 1.174743
UYU 46.743597
UZS 14189.163028
VES 567.594321
VND 30965.051746
VUV 138.842347
WST 3.205294
XAF 656.28831
XAG 0.015522
XAU 0.00025
XCD 3.174802
XCG 2.118069
XDR 0.817535
XOF 656.282721
XPF 119.331742
YER 280.35268
ZAR 19.363995
ZMK 10574.098394
ZMW 22.241228
ZWL 378.266779
  • RBGPF

    64.0000

    64

    +100%

  • RYCEF

    -0.1200

    15.3

    -0.78%

  • CMSC

    0.0400

    22.95

    +0.17%

  • RELX

    0.4000

    36.53

    +1.09%

  • NGG

    0.4600

    87.42

    +0.53%

  • RIO

    0.7600

    99.61

    +0.76%

  • BTI

    0.8100

    58.09

    +1.39%

  • GSK

    -1.1900

    54.44

    -2.19%

  • VOD

    0.0100

    15.63

    +0.06%

  • AZN

    -2.5500

    189.75

    -1.34%

  • CMSD

    0.0900

    23.32

    +0.39%

  • BCC

    0.3300

    84.15

    +0.39%

  • BCE

    -0.2200

    23.88

    -0.92%

  • JRI

    0.0100

    12.89

    +0.08%

  • BP

    -0.1000

    46.25

    -0.22%

Belgium delays nuclear energy exit 10 years due to Ukraine war
Belgium delays nuclear energy exit 10 years due to Ukraine war

Belgium delays nuclear energy exit 10 years due to Ukraine war

Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, spooked by the huge rise in energy prices due to the Russian invasion of Ukraine.

Text size:

"The federal government has decided to take the necessary steps to extend the life of two nuclear reactors by ten years," Prime Minister Alexander De Croo said in a statement.

"This extension will strengthen our country's independence from fossil fuels in a turbulent geopolitical environment," he added.

The push to 2035 comes as calls are rising that neighbouring Germany, Europe's biggest economy, should also rethink its nuclear energy exit, but ministers in Berlin last week doubled down on their country's no atom pledge despite the price shock.

Europe is scrambling to find ways to wean itself off its energy dependency on Russia, which provides 40 percent of Europe's gas needs, mainly to Germany, Italy and several central European countries.

Prices have skyrocketed for Europeans since the invasion by Russia of Ukraine and EU leaders will meet next week to agree on fresh emergency measures to soften the blow for consumers and businesses.

Belgium currently, operates two nuclear power plants with a total of seven reactors.

The promise of a gradual phase-out of nuclear power has been enshrined in Belgian law since 2003 and the decision to again delay the moratorium was fiercely resisted by the Greens party.

In Friday's plan, which was negotiated during a marathon cabinet session, the government agreed to extend the operating lives of the Doel 4 reactor near the port city of Antwerp and Tihange 3 near Liege until 2035.

De Croo insisted that the decision would give the country certainty after years of quarrelling over the wisdom of the nuclear exit.

"For too long our country has lacked vision," De Croo told a news conference. "This has caused a lot of uncertainty. The plan we have on the table today responds to that lack of vision."

The government must negotiate with French energy giant Engie, owner of the nuclear power plants in Belgium, on the costs and delivery of the new plan.

Engie had previously indicated that it was too late for the De Croo government to change its mind.

The government also warned that the two reactors in any case will not be available for the winter of 2025.

The Greens had made an exit from nuclear power in 2025 a condition to join a politically fragile seven-party coalition that was painfully cobbled together in 2020, more than a year after inconclusive elections.

But since the February 24 invasion, with the surge in energy prices, the party signalled it would agree to consider an alternative scenario.

There have been massive protests against two older reactors - Tihange 2 and Doel 3 - in Germany and other neighbouring countries since experts found thousands of hairline cracks in the reactor pressure vessels in 2012.

U.Ptacek--TPP