Belgium Plans To Nationalize Nuclear Power Plants

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Belgium plans to buy its seven aging nuclear reactors from French power giant Engie in a "full takeover" aimed at securing domestic energy supplies, extending reactor operations, and developing new nuclear capacity. "The move would also mean suspending plans to decommission nuclear operations in Belgium," reports the BBC. From the report: The move would reverse the phase-out of nuclear energy legislation approved in the early 2000s amid safety concerns prohibiting the building of new nuclear power plants and limiting the operating lifetimes of existing ones to 40 years. Only two of Belgium's seven nuclear reactors are operational - located at plants in Doel and in Tihange - and their operating licenses were recently extended until 2035. The other five reactors were shut between 2022 and 2025 and plans to dismantle them will now be suspended. Engie and the government said they aim to reach an agreement on the takeover of the nuclear stations by October 1st. In a joint statement with Engie, the Belgian government said the move also highlights its aim to extend operations of existing nuclear reactors and to develop "new nuclear capacity" in Belgium. "By doing so, the Belgian Government is taking responsibility for Belgium's long-term energy future, with the objective of building a financially and economically viable activity that supports security of supply, climate objectives, industrial resilience and socio-economic prosperity," the statement adds.Read more of this story at Slashdot.