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.