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To promote transparency and provide information, the Federal Planning Bureau regularly publishes the methods and results of its works. The publications are organised in different series, such as Outlooks, Working Papers and Planning Papers. Some reports can be consulted here, along with the Short Term Update newsletters that were published until 2015. You can search our publications by theme, publication type, author and year.
Privatization, internal market, interconnections, greenhouse gas emission reductions, renewable energy targets… is it possible to reconcile these themes? And if so, will our lights stay on? This is a major concern of a number of players in the energy field, especially the Secretary of State for Energy since he is responsible for guaranteeing the security of supply. In times of increased electricity production by variable energy sources and of distorted investment signals, guaranteeing security of supply is not evident, since the absence of investments in sufficient reserve capacity and – worst case scenario – inadequacy of generation capacity may lead to soaring societal costs. This Working Paper focuses on the specific event that, in spite of all initiatives and mechanisms in place, things go wrong: a national black-out paralyzing the entire Belgian economy for 1 hour and its price tag are analysed.
The Working Paper presents a study or analysis conducted by the Federal Planning Bureau on its own initiative.
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Themes
Energy > Specific energy issues
JEL
Industrial Organization > Industry Studies: Transportation and Utilities > Electric Utilities [L94]
Agricultural and Natural Resource Economics > Energy > Energy and the Macroeconomy [Q43]
Agricultural and Natural Resource Economics > Energy > Government Policy [Q48]
Keywords