Belgian power base station bidding price

How is electricity delivered in Belgium?

Delivery takes place in kilowatt per quarter hour. Contracts are for physical delivery of power to and from the high voltage grid of Belgium. Delivery is made equally each hour throughout the contract delivery period from 00:00 (CET) on the first day of the month until 24:00 (CET) on the last day of the month.

How is the Belgian reference price calculated?

The Belgian Reference Price is calculated by Elia as the volume weighted average price of the prices of the NEMO hubs in the Belgian bidding zone, as defined in the Belgian MNA.

What is Belgium's energy future?

Belgium’s energy future is still in flux. But one thing is clear: as renewables and dynamic pricing take hold, consumers will have more options—and more power—than ever before. Exchange prices exclude VAT, distribution, and delivery fees. Day-ahead prices are published daily at approximately 13:15 CET.

Which suppliers in Belgium have a dynamic plan?

The largest supplier in Belgium, Engie was one of the first to market with a dynamic plan. It offers hourly prices plus an app to help you plan usage around low-price periods. EDF Luminus runs a dynamic contract pegged to the wholesale market.

Why are energy imports booming in Belgium?

Imports from France, the Netherlands, the UK, and Germany have surged recently. This cross-border trade is integral to meeting Belgium’s electricity demand and managing price volatility. Expect import dependence to continue as the renewable buildout ramps up and nuclear availability changes. 2. Renewables on the Rise

How renewables are affecting Belgium's power supply?

Renewables—especially wind and solar—are rapidly increasing their share of Belgium’s power supply. In 2023, wind and solar accounted for roughly one-third of the electricity mix, a significant jump from the previous decade. Offshore wind in the North Sea is a particular success story, with Belgium now among Europe’s leaders in offshore capacity.