29 June 2023
Elia publishes its adequacy & flexibility study for Belgium for the period 2024-2034
Elia has published its fourth biennial study which focuses on Belgium's adequacy and flexibility needs for the coming decade (2024-2034).
Four key messages
- Electrification is spreading across society both earlier and at a faster speed. This is creating additional capacity needs, which can be mainly addressed by the Capacity Remuneration Mechanism (CRM).
- Flexible consumption has the potential to flatten consumption peaks and manage the variability of renewable energy sources (RES), so directly contributing to security of supply. It is an important lever for reducing capacity needs linked to the rising electricity demand.
- Electrification delivers large benefits in terms of CO2 reduction and provides solutions to economic and geopolitical challenges.
- Any delay in unlocking flexibility or realising grid infrastructure will result in additional capacity needs. Investing in accelerated digitalisation is therefore as important as investments in the timely build-out of grid infrastructure.
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Elia System Operator SA published this content on 29 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2023 13:12:17 UTC.