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Progress of power market in Belgium

mrhUS: Market Research Hub (MRH) has announced the addition of a new market study, titled “Belgium Power Market Outlook to 2030, Update 2016- Market Trends, Regulations, and Competitive Landscape”, to its offering. This report explains Belgium’s power market structure and also offers analytical information related to forecast numbers for installed capacity, generation, and consumption till 2030.

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In the first section, the authors of the report have provided a comprehensive overview of the power sector especially in Belgium by providing information about the regulatory structure, industry’s chain structure import and export trends, competitive landscape, and power projects at several stages of the supply chain. Belgium market overview also includes cumulative installed thermal power, hydro power, nuclear power, non-hydro renewable capacity and annual generation during the forecast period of 2000-2030. The report highlights the potential energy productivity which offers to help Belgium meet its expected energy goals.

Power market in Belgium was facing severe problems in the past. It is the only country in North West Europe to be affected due to an electricity supply shortage. This situation is triggered by an elongated series of policy failures on the part of the Belgian government, which has failed to create unchanging investment conditions. But in recent years, Belgium has made strong progress in enhancing competition in the markets related to electricity and natural gas. It has also managed to reduce the use of fossil fuels and increase the use of renewable energy. The report describes policies and regulatory framework which are governing the market.

The new entrants can easily identify the investment opportunities in the power sector due to the detailed examination based on various parameters including macroeconomics, supply security, generation and transmission infrastructure along with challenges and future growth prospects.

The report also provides the details of the leading companies of power generation in the market of Belgium along with the company snapshot and business overview and strategies. Some of the active companies from the Belgium power market include-

  • Engie S.A.
  • EDF Luminous SA.
  • Enel S.p.A.

Financial deals and performance of these leading power companies is also evaluated into the report. At the end of the report, detailed analysis of top market participant, including market share study and SWOT analysis are provided. In addition to this, facts on leading current and upcoming projects in the market are also discussed in detail.