nuclear-news

Engie Finalises Agreement To Extend Operation Of Two Belgium Nuclear Plants

By David Dalton, 18 March 2025, Nucnet

Transfer of waste liabilities reduces company’s exposure to future costs

French energy group Engie has formalised a 10-year extension of the Doel-4 and Tihange-3 nuclear power plants in Belgium in partnership with the Belgian state.

The announcement follows approval of the agreement from the European Commission in February and consolidated a preliminary agreement signed two years earlier between the company and Belgian authorities.

The deal includes transferring financial responsibility for nuclear waste and spent fuel, a significant financial issue for both parties. A first tranche of the associated payment has already been made to Engie, with a second due upon reactor restart, scheduled for next November.

Engie said the transfer of all nuclear waste liabilities to the Belgian government means it will no longer be exposed to future waste treatment costs………………..https://www.nucnet.org/news/engie-finalises-agreement-to-extend-operation-of-two-belgium-nuclear-plants-3-2-2025

March 20, 2025 - Posted by Christina Macpherson | EUROPE, politics, wastes