27%
energy independence rate
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This analysis includes a comprehensive Belgium energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2020 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Highlights
27%
energy independence rate
2.3 GW
of additional solar capacity since 2015
2/3
share of carbon free sources in the power mix
Abstract
Institutions & Energy Policy
The institutional framework of the energy sector is based on the subsidiarity principle, i.e. the sharing of responsibilities between the federal authorities, the three provincial authorities (or regions) (Flanders, Wallonia and Brussels) and the local authorities.
Energy Supply
Gas:
Since 2000, all the gas consumed is imported (22.5 bcm in 2020). In 2020, 80% of the gas was imported by pipe and 20% as LNG; gas imports came mainly from Norway (44%) and Russia (31%); the Netherlands, the UK, and Qatar contributed 7% each (2020). Long-term contracts for more than five years accounted for about 42% of imports in 2020 (62% in 2012, 80% in 2007).
Energy Prices
Gas:
Since 2013, energy suppliers can only index their prices on actual supply costs on the Central West Europe (CWE) market quotations. Since 2015, no links between gas prices and oil prices are authorised, in order to allow the gas price to progressively decouple from oil prices. In the future, gas prices should be based on the ZTP price.
Energy Consumption
Total energy consumption per capita is 57% higher than the EU average, at 4.5 toe (2020). Electricity consumption per capita is a third above the EU average and amounted to around 7 100 kWh in 2020.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Issues & Prospects
According to the Federal Planning Bureau's (FPB) "Economic Outlook 2021-2026", after a strong decrease in 2020, the final energy consumption in 2022 will reach the same level as in 2019.
Below is a list of the Belgium energy market report graphs:
In the Belgium energy market report you will find the following tables:
The Belgium energy market data since 1990 and up to 2020 is included in the Excel file accompanying the Belgium country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The Belgium country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
Projections Data (Excel Sheet)
The Belgium country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
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