📣The results of Elia’s summer outlook are out – and, given that there is a risk that Belgium will produce a surplus of electricity this summer, our experts are calling on market parties to be vigilant❗.
🌞Since 2023, there has been a huge number of solar panels installed across Belgium: forecasts have shown that the country is on course to have 10 GW of installed solar panel capacity by July. This, alongside the high level of availability of the country’s nuclear fleet, means that the country may be at risk of producing too much electricity at certain times (particularly on summer weekends, when electricity consumption is lower). In turn, this will increase the need for Belgium to export electricity to its neighbours. However, if both Belgium and its neighbours produce electricity surpluses, the frequency of the system may be increased – a situation which must be avoided, given the impact this will have across the whole of the European system.
⚖Elia primarily relies on market parties – known as balancing responsible parties – to maintain the balance between supply and demand across its grid. It provides them with the information they need to prepare to adjust the levels of demand and supply across their areas of responsibility. This information includes Elia’s summer outlook, which this year is alerting market parties to stay attentive to how the situation unfolds over the next few months.
In the long run, however, given that increasing amounts of renewables are being integrated into the system, unlocking enough flexibility from across the system to deal with moments of peak production and consumption is key📈.
👉 Find out more in our latest press release: https://lnkd.in/etz9Abmv
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