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Belgium plans to buy back its nuclear power plants from France

Belgium is considering the possibility of nationalizing ENGIE’s nuclear assets.

The Belgian government has reached a preliminary agreement with the French company ENGIE regarding the possible full purchase of its Belgian nuclear assets. Until the completion of this process, all actions related to decommissioning nuclear facilities have been halted.

As stated by the Belgian Prime Minister Bart De Wever, the government, together with ENGIE, is beginning preparations for a potential deal that may come under full state control. The nationalization issue covers seven nuclear reactors in Belgium, which are operated by ENGIE and its subsidiary Electrabel.

This move aims to ensure “safe, affordable, and long-term energy,” which will reduce the country’s dependence on fossil fuels. Currently, the terms of the purchase and its final decision are being worked out.

It is important to note that this interest in Belgium’s nuclear energy arises against the backdrop of a global trend towards diversifying energy supplies and reducing greenhouse gas emissions. France, for example, also plans to expand its capacities in the field of nuclear energy. Experts note that if the deal goes through, it will allow Belgium to have greater control over its energy sector.

Indicator Details
Number of nuclear reactors 7
Main participants Belgian government, ENGIE, Electrabel
Main goal Reduction of dependence on fossil fuels

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