Elia / : Green light given to the 2024-2034 Federal Development Plan, which describes the investment needs of the Belgian high-voltage grid
May 09, 2023 at 12:28 pm EDT
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09 May 2023
Green light given to the 2024-2034 Federal Development Plan, which describes the investment needs of the Belgian high-voltage grid
The Federal Minister of Energy Tinne Van der Straeten has approved the 2024-2034 Federal Development Plan. The law requires such a plan to be drawn up and published every four years. Each plan translates European objectives, federal energy policy and the implementation of regional economic development policies into concrete projects. By providing sufficient transmission capacity in a timely manner, we are making our energy system more independent, resilient and sustainable. The rise in renewable energy sources as well as the extensive electrification of our energy-intensive industries have created emergencies that are fast requiring additional investments in the grid.
The 2024-2034 Federal Development Planis based on five principles:
Elia System Operator SA published this content on 09 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2023 16:27:06 UTC.
Elia Group SA/NV is the Belgian transmission system operator, transmitting electricity efficiently, reliably and securely from producers to distribution system operators and major industrial users. The group is responsible for importing and exporting electricity from and to neighbouring countries.
Elia Group SA/NV owns the entire Belgian very high voltage grid (150 to 380 kV) and some 94% (ownership and user rights) of the Belgian high-voltage grid (30 to 70 kV). The grid is a key link between electricity markets in northern and southern Europe. It also links Belgian producers and consumers. Belgium's recent investment in interconnection capacity with its neighbours makes it one of the most open and interconnected grids in Europe.
Elia Group SA/NV has recently expanded its activities on a broader European level and, following its acquisition of the German TSO 50Hertz and in cooperation with Industry Funds Management (IFM), is now one of the top five transmission system operators in Europe.
ELIA GROUP NV/SA 
