A Cross-country Comparison
Edited by Jean-Michael Glachant and Dominique Finon
Aviel Verbruggen and Erwin Vanderstappen INTRODUCTION In the ﬁrst part of the chapter we oﬀer a survey of the organization of the Belgian Electricity Sector. This part starts with some data on electricity ﬂows in Belgium. We then depict the regulatory framework prior to the adoption of the EU Directive 96/92 and the implementing Federal Electricity Act of 29 April 1999 (hereinafter the Electricity Act). Special attention is devoted to the scattered energy competencies among the federal, regional and local public authorities. Finally, we discuss the structure, ownership and supervision of the electricity supply sector. In the second part we describe and assess the new regulatory framework. The main issues of the Electricity Act are discussed and critically commented on. They encompass regulation, generation planning, investment and licensing for new construction plans, transmission network operator, network access and eligibility, unbundling of accounts, public service obligations and stranded costs. To a great extent the December 1999 report and recommendations of the Working Group of Experts on Electricity Liberalization reﬂect these comments while adding others. In its turn, the Report and Recommendations have been incorporated in the federal government’s Guidelines for ﬁnalizing liberalization of the electricity market, that were implemented by the federal law of 16 July 2001. ORGANIZATION OF THE BELGIAN ELECTRICITY SECTOR Main Data on the Belgian Electricity Sector Belgium is a parliamentary democracy with a constitutional monarch. Federalization took place in consecutive reforms. Since 1993 Belgium is oﬃcially a federal state composed of three regions (the...
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