The economic consequences of a nuclear phase-out in Belgium

After Germany and Switzerland, Belgium has confirmed its desire to opt for a nuclear phase-out. While the risks of possible black-outs are mentioned due to the abrupt outages of the German exports, the government saddles itself up with an additional constraint, without mentioning any planning.

This decision will probably have an impact on Belgians biggest power supplier Electrabel, subsidiary of GDF Suez, who may nevertheless join their German counterparts in the market for nuclear dismantling if an immediate dismantling would be required.

In the following interview broadcasted on LCI (31st October), Nicolas Goldberg, Senior Consultant Energy & Utilities at Sia Conseil, talks about the consequences of the Belgian decision for GDF Suez and the outcome of nuclear dismantling.

To watch the video, click here

N. Goldberg