To meet the challenge of the nuclear phase-out scheduled for 2025 as
well as ambitious climate change goals, the Belgian federal government has
established a new legislative framework aimed at achieving an additional
offshore wind energy capacity of at least 1.75 GW.

The amended “Electricity Law” introduced a competitive tender procedure
for the construction and operation of offshore renewable sources. The current
support mechanism, under which the installation benefits from a subsidy per MWh
produced, remains applicable.

Several calls for tenders will be launched in Belgium in the next few years,
providing opportunities for new investors.

Read the full article

Subscribe and stay updated

Receive our latest blog posts by email.

Nora Wouters

About Nora Wouters

Nora Wouters developed a state of the art practice and advises on regulatory financial services, banking and insurance laws. She has extensive experience in commodities, clearing and settlement systems, payment institutions (including Fintech), derivatives (including weather derivatives), securities lending, public listing, debt and fund listings, securitization structures, and collective investment, hedge and pension funds.



Full bio



Source link