However,
State will have pay 2:
The agreement concluded between the Belgian State on the one hand. Therefore, Engie and Electrabel on the other hand around the extension of nuclear includes a guarantee in the event of extended stop of Doel 4 and Tihange 3 which could, if necessary, see the Belgian State must pay up to two billion euros, writes Friday the newspaper L’Echo.
The full text of the European Commission’s decision. In addition, which gave the green light to this agreement on February 21, is now public, and gives figures on this subject, according to the newspaper. The agreement notably includes a component. the MOCP (Minimum Opex and Capital Payment “) which will be triggered if the reactors are unavailable during a “Significant period”, to guarantee the financial stability of Be-NUC, the company common to the Belgian State and Electrabel, owner of 89.91% of the two state will have pay 2 extended reactors.
The Commission document specifies in particular that if the two reactors were to be unavailable for a full year from 2029. that is to say once the investments necessary for the extension have been made, this MOCP would be triggered, and the Belgian State should pay between 700 million and 1.3 billion per year. The Croo government. however, capped at 2 billion the sum that the State could be brought to pay within the framework of this guarantee, recalls the Echo.
If the MOCP reaches this ceiling, Belgium will then be able to give up extension. Without this ceiling. in a worse scenario, where unexpected major events would prevent reactors from producing electricity during the 10 years of extension, the bill could have reached 7 to 8 billion euros.
state will have pay 2 — State will have pay 2: The agreement concluded between the Belgian State state will have pay 2 on the one hand. Engie and Electrabel on the other hand around the extension of nuclear includes a guarantee in the event of extended stop of Doel 4 and Tihange 3 which could, if necessary, see the Belgia.
State will have pay 2
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