Row brews over Belgium's nuclear tax bill

7 October 2008 - The news agency Reuters has reported energy company Electrabel saying the Belgian government's proposals to charge its nuclear power generators a one-off tax of €250m ($3390m) are in conflict with previous agreements.

The Belgian cabinet is set to present a bill to parliament to levy the charge against all nuclear players in the country for 2008 in return for keeping five out of seven of the country's nuclear reactors open.

The tax, which would help to fill a budget gap this year, would mainly affect Electrabel, which is owned by France's GDF Suez and is responsible for 90 per cent of nuclear power generation in the country.

According to Electrabel, the decision conflicted with agreements reached back in 2006 between GDF Suez and the Belgian state.

The bill also reinforces the powers of Belgian energy market regulator CREG to ensure the tax is not passed on to consumers,

Belgian newspaper L'Echo reported that the law is likely to be adopted before the end of the year.

Sponsored by FLSmidth
Recommend this article Recommend this article () You recommended this article You recommended this article ()
Follow Power Engineering on Twitter

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover

Buyers Guide Product Listings

Nondestructive Examination and Testing

Advanced nondestructive examination, NDE, techn...

Engineering Services

Structural Integrity Associates, Inc. (SI) is a...

Buyers Guide Company Listings

SPSI

SPSI is a privately held fabricator of high quality process, power and nuclear piping systems used primarily in the domestic and international power generation and petrochemical industries.

URS

URS plans, designs, engineers, constructs, retrofits, and maintains power plants and the systems that transmit and distribute electricity. Our expertise encompasses fossil fuel, nuclear, and hydroelectric power generating facilities, as well as alternative and renewable energy sources. We develop and install clean air technologies and perform major nuclear component

Serdula Systems Ltd

Provides consulting services from R&D, engineering, operations, and assessments to bid evaluation and feasibility studies to national and international organizations in the nuclear power industry.

The Merrick Group Inc

More than 20 years experience in the high-pressure water jetting industry. Our specialists offer vast experience and unparalleled expertise in industrial, nuclear plant cleaning maintenance.

Power Industry Wire News

Umbra Applied Technologies Group Begins Oil Production

Umbra Applied Technologies Group Begins Oil Production

Scorpio Bulkers Inc. Announces Second Quarter Earnings Release Date

Scorpio Bulkers Inc. Announces Second Quarter Earnings Release Date

Total Safety Acquires Z-Safety Systems

Total Safety Acquires Z-Safety Systems

Lithium Exploration Group CEO Distributes July Newsletter Part 2 of 3 -- Oilfield Waste

Lithium Exploration Group CEO Distributes July Newsletter Part 2 of 3 -- Oilfield Waste

National Automation Services, Inc. Updates Shareholders on Progress of Up-Listing

National Automation Services, Inc. Updates Shareholders on Progress of Up-Listing

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>