Capacity Remuneration Mechanism
The federal energy strategy provides for the introduction of a Capacity Remuneration Mechanism (CRM) on the Belgian market.
The federal energy strategy was announced by the federal government on 30 March 2018 and provides for new long-term measures to guarantee Belgium’s security of supply. More specifically, this strategy requires that a Capacity Remuneration Mechanism (CRM) be introduced on the Belgian market. The federal government has decided to incorporate the introduction of such a CRM into the Act of 29 April 1999 on the organisation of the electricity market.
The amendment to the act was approved at the plenary meeting of the Chamber on 4 April 2019. A CRM Task Force has been created to discuss the design principles of such a Capacity Remuneration Mechanism with stakeholders.