Press releases & articles (28)





  • When the lights go out: the monetary impact of a large scale blackout in Belgium ( 19/08/2014 )

    The power landscape is growing ever more complex due to, among other things, legislation and targets defined at several levels which tend to influence (and sometimes contradict) one another. One can wonder if the different economic agents can still see the wood for the trees and if the lights will stay on all the time. The first in line to worry is the federal government, since it carries the responsibility of permanently guaranteeing the security of supply. In times of increased electricity production by variable energy sources 1 (solar PV, wind) and of distorted investment signals, how to guarantee security of supply is not obvious. The absence of investment in sufficient reserve capacity and – in the worst case scenario – inadequacy of generation capacity may lead to soaring societal costs. This Working Paper focuses on the specific event of things going wrong in spite of all initiatives and mechanisms put in place: a national blackout paralyzing the entire Belgian economy for one hour and its price tag are scrutinised.






  • Economic impacts of tax-shifting operations ( 21/12/2009 )

    This study is devoted to the analysis of the main effects on the Belgian economy, for the period 2010-2020, of various forms of tax-shifting aimed at increasing taxes on energy and, simultaneously, decreasing other forms of taxation. All these variants have been simulated using the FPB’s medium-term model for Belgian  economy (HERMES).



  • Belgium’s energy future challenged by climate change ( 10/12/2007 )

    Every three years, the Federal Planning Bureau  releases a publication on the long-term energy projections  for Belgium, based on the energy model PRIMES.  This Planning Paper is the third in the series and puts the  emphasis on the link with climate change. Amongst  other things, a baseline and a selection of emission  reduction scenarios for the period after 2012 are  described.

  • Regionalisation of long-term energy projections for Belgium (horizon 2030) ( 05/10/2007 )

    In 2004, the Federal Planning Bureau has published two reports on long-term energy projections. They describe long-term energy projections for Belgium, but do not provide results on the level of the three Belgian regions (Flemish, Walloon and Brussels Capital). Since some major responsibilities in the field of energy have been regionalised, an insight into regional energy projections seems to be indispensable. The regions not only have to prepare an energy policy plan for the short term, but also have to come up with an energy plan that overlooks a more elaborate time horizon. At the request of theregions, the Federal Planning Bureau therefore embarked on a regionalisation of the energy scenarios described in the two cited reports, the results of which can be found in two working papers: one describing the results for the Flemish Region, the other the Region of Brussels Capital.

  • Energy policy and the climate issue: a challenge for Belgium ( 06/03/2007 )

    This paper sheds light on several challenges related to the development of the energy system in Belgium up to 2050, taking into account constraints on the emissions of greenhouse gases (GHG) in a European context. It is based on two studies carried out by the Federal Planning Bureau in 2006 that deal with the related energy and climate change issues.


  • Network industry reform in Belgium: the macroeconomic impact ( 06/10/2006 )

    Two Working Papers on the macroeconomic impact of network industry reform have been published. The first is a detailed report in Dutch, the second a summary paper in English. The analysis builds on a simulation by FPB’s macroeconometric model HERMES, and a simulation by IMF’s general equilibrium model GEM. Although both simulations were based on the same exogenous input, they gave significantly different outcomes. This sheds light on the applicability of different modelling approaches to an issue at hand.

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