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

EUR -
AED 4.176437
AFN 80.755833
ALL 98.648486
AMD 442.139184
ANG 2.049303
AOA 1041.541772
ARS 1324.68065
AUD 1.777787
AWG 2.049541
AZN 1.933025
BAM 1.953772
BBD 2.277336
BDT 138.106667
BGN 1.954281
BHD 0.428557
BIF 3380.591472
BMD 1.137055
BND 1.489454
BOB 7.853814
BRL 6.400827
BSD 1.13663
BTN 96.815095
BWP 15.518031
BYN 3.719739
BYR 22286.276316
BZD 2.28323
CAD 1.5734
CDF 3272.443989
CHF 0.93841
CLF 0.028021
CLP 1075.301608
CNY 8.26582
CNH 8.259794
COP 4772.219474
CRC 574.618796
CUC 1.137055
CUP 30.131955
CVE 110.150197
CZK 24.923104
DJF 202.40993
DKK 7.465445
DOP 66.98225
DZD 150.667745
EGP 57.808781
ERN 17.055824
ETB 152.14983
FJD 2.570256
FKP 0.848698
GBP 0.850756
GEL 3.121201
GGP 0.848698
GHS 16.254059
GIP 0.848698
GMD 81.292118
GNF 9844.696158
GTQ 8.753876
GYD 238.511413
HKD 8.819163
HNL 29.496646
HRK 7.534812
HTG 148.725646
HUF 404.548197
IDR 18880.228321
ILS 4.130978
IMP 0.848698
INR 96.330153
IQD 1489.054593
IRR 47870.012032
ISK 146.112985
JEP 0.848698
JMD 180.054715
JOD 0.806515
JPY 162.557884
KES 147.024932
KGS 99.435329
KHR 4550.237544
KMF 491.491876
KPW 1023.30654
KRW 1616.574042
KWD 0.348451
KYD 0.947217
KZT 581.42657
LAK 24585.484096
LBP 101843.402408
LKR 340.486628
LRD 227.333064
LSL 21.09141
LTL 3.357427
LVL 0.687793
LYD 6.218546
MAD 10.543611
MDL 19.561698
MGA 5129.721262
MKD 61.514437
MMK 2387.123721
MNT 4063.014709
MOP 9.082374
MRU 44.999693
MUR 51.349716
MVR 17.5123
MWK 1970.971772
MXN 22.221294
MYR 4.907553
MZN 72.782808
NAD 21.09141
NGN 1822.73333
NIO 41.826591
NOK 11.768064
NPR 154.909315
NZD 1.919124
OMR 0.437768
PAB 1.136615
PEN 4.167275
PGK 4.709092
PHP 63.461878
PKR 319.314909
PLN 4.277447
PYG 9102.552968
QAR 4.143681
RON 4.977689
RSD 117.078491
RUB 92.896576
RWF 1624.827971
SAR 4.265049
SBD 9.507254
SCR 16.188589
SDG 682.796347
SEK 10.968924
SGD 1.484846
SHP 0.893547
SLE 25.868169
SLL 23843.454557
SOS 649.631497
SRD 41.900187
STD 23534.741016
SVC 9.945678
SYP 14783.316789
SZL 21.084303
THB 37.969652
TJS 12.002679
TMT 3.991063
TND 3.400056
TOP 2.663094
TRY 43.77866
TTD 7.711996
TWD 36.357785
TZS 3064.36292
UAH 47.221906
UGX 4165.658378
USD 1.137055
UYU 47.859277
UZS 14717.725293
VES 98.409954
VND 29569.11304
VUV 136.91211
WST 3.147822
XAF 655.282682
XAG 0.035124
XAU 0.000346
XCD 3.072948
XDR 0.814961
XOF 655.276925
XPF 119.331742
YER 278.635358
ZAR 21.176909
ZMK 10234.862539
ZMW 31.797999
ZWL 366.131218
  • RBGPF

    -0.4500

    63

    -0.71%

  • CMSC

    -0.0800

    22.24

    -0.36%

  • RYCEF

    -0.1300

    10.12

    -1.28%

  • JRI

    0.1300

    12.93

    +1.01%

  • BCC

    -0.8300

    94.5

    -0.88%

  • NGG

    0.1900

    73.04

    +0.26%

  • SCS

    0.1500

    10.01

    +1.5%

  • CMSD

    -0.1300

    22.35

    -0.58%

  • RIO

    0.0100

    60.88

    +0.02%

  • GSK

    0.9100

    38.97

    +2.34%

  • VOD

    0.0100

    9.58

    +0.1%

  • BTI

    0.4700

    42.86

    +1.1%

  • RELX

    0.4300

    53.79

    +0.8%

  • AZN

    1.7800

    71.71

    +2.48%

  • BCE

    0.1100

    21.92

    +0.5%

  • BP

    -1.0600

    28.07

    -3.78%

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