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To phase out Belgium’s nuclear power would cost no more than 15 euros per household annually 

The nuclear power phasing-out would only cost 15 euros per household annually http://www.brusselstimes.com/belgium/10408/the-nuclear-power-phasing-out-would-only-cost-15-euros-per-household-annuallySarah Johansson  22 February 2018  The extra cost per household due to the phasing-out of nuclear power would amount to an average of 15 euros annually, explained the federal minister for Energy, Marie-Christine Marghem, in an interview given to the Libre Belgique.

At the end of last year, Flemish nationalists spoke publicly against the withdrawal of nuclear power endorsed by the Energy Pact project that was designed by the country’s four ministers for energy on the basis of the cost for households and companies. The Plan Office and Professor Johan Albrecht have been asked to evaluate the cost evolution of power in Belgium in the years to come, taking various scenarios into consideration.

The extra cost for households would come to 15 euros plus VAT as of 2025, the planned date for the phasing-out of nuclear power. It includes the producers’ investment in gas power plants, the price of gas necessary for the production of electricity, as well as the federal government’s subsidies for plants. This figure, however, does not take into account the cost of the plants’ dismantlement or the nuclear waste reprocessing, and it only covers the expenses which fall within the federal competence. The support cost for the sustainable, therefore, is not included.

For the companies, the situation will be “slightly more complicated,” according to the minister. Discounts to be discussed with partners of the majority could be granted to companies competing with foreign offers, she indicated.

 

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February 24, 2018 - Posted by | business and costs, EUROPE, politics

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