How does Belgium monitor its implementation plan?

5. Conclusion As is foreseen in article 20.3 of Regulation 2019/943, Belgium monitors the application of its implementation plan and publishes the results of the monitoring in an annual report and submits that report to the Commission.

When will flexible energy systems be tested in Belgium?

These schemes are tested in pilot projects in 2022. The Belgian federal government considers that flexibility should play an increasingly important role in the energy market.

How can Flemish authorities support energy storage & management systems?

Flemish authorities are encouraging the Flemish market for energy storage and management systems by supporting investments in electricity storage through a purchase incentive. Such energy storage systems will help to ensure system stability during peaks in demand and generation.

What is GPM Energy Management System (EMS)?

GPM’s Energy Management System (EMS) controls power absorption and injection, maintaining the operational efficiency of the BESS, and offering customizable real-time control and seamless integration with GPM SCADA and GPM PPC systems as well as third-party systems.

How much does a lost load cost in Belgium?

Based on the results of the survey, DG Energy of the FPS Economy, the competent authority to determine the value of lost load, estimated that the Belgian VoLL amounted to 12.832,48 €/MWh24. In parallel, DG Energy of the FPS Economy updated the estimation of the cost of new entry25. The changes from the previous report (May 2021) are as follows:

When did a capacity remuneration mechanism start in Belgium?

It has been three years since the approval by the European Commission of the original implementation plan1 leading to the establishment of a capacity remuneration mechanism in Belgium. Since then, the energy conjunctural framework for which the European Commission initially approved the mechanism evolved.