Belgium negotiates nationalisation of its nuclear plants with Engie

The Belgian government and Engie announced on Thursday they are entering exclusive negotiations for the Belgian state to acquire all of Engie's nuclear assets in Belgium. The aim is to relaunch nuclear power in the country. This deal ends Engie's involvement in nuclear energy.

The Belgian government and French group Engie announced on April 30, 2026, that they are starting exclusive negotiations. The Belgian state plans to acquire all of Engie's nuclear assets located beyond Quiévrain, that is, in Belgium.

"This initiative reflects the strategic decision of the Belgian government to assume direct ownership of the country's nuclear assets, in line with its ambition to extend the operation of existing nuclear reactors and develop new nuclear capacities in Belgium," confirm the two partners in a joint statement.

The operation explicitly aims to relaunch nuclear power in the country, as Europe sees a revival of this energy amid energy crises. It definitively ends Engie's story in the nuclear sector.

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French President Emmanuel Macron announces advanced nuclear deterrence initiative at Île Longue naval base, with 'L'Invincible' submarine in the background.
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Emmanuel Macron announces 'advanced nuclear deterrence' for eight European countries

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On March 2, 2026, French President Emmanuel Macron spoke at the Île Longue naval base near Brest, unveiling 'advanced deterrence' to associate eight European countries with France's nuclear strategy amid Russian threats and US NATO commitment doubts. He ordered an increase in nuclear warheads—currently estimated at 290—funded via a military programming law update adding 36 billion euros, while naming the next nuclear submarine 'L'Invincible'. This initiative preserves French sovereignty without sharing weapons or firing decisions.

Prime Minister Sébastien Lecornu presented France's new energy roadmap on Thursday, February 12, from a hydroelectric site in the Jura. This document, the third multiannual energy program (PPE3), sets guidelines for 2025-2035 and confirms a major nuclear relaunch while scaling back targets for onshore wind and solar. It aims to free France from fossil fuel dependence.

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The government proposes in its spring budget amendment that the state take a 60 percent majority stake in nuclear company Videberg Kraft, planning new small reactors at Ringhals. The state will buy shares from Vattenfall for 1.8 billion kronor in 2027. The deal gives the state direct and indirect ownership of 80 percent.

Finland's government proposes lifting the current ban on nuclear weapons on Finnish territory as soon as possible to strengthen the country's security as a NATO member. Defense Minister Antti Häkkänen emphasizes that the change applies only to military defense and does not involve plans to station nuclear weapons in the country. In Sweden, a survey shows that a majority of parliamentary parties support contributing to European nuclear deterrence.

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Spain's CNMC announced on Friday 35 new sanction proceedings amid the probe into the April 28, 2025 blackout, though these concern different days or periods. Iberdrola faces 18, Endesa 13, and Almaraz nuclear plant one very serious infraction. The regulator states these facts do not attribute the blackout's cause, which was multifactorial.

A new report from Pax and Ican shows the number of financial institutions investing in the nuclear weapons industry has risen 15 percent to 301. Stock and fund investments now total over 709 billion dollars. “This is the most dangerous time in my life regarding nuclear weapons,” says ICAN program director Susi Snyder.

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The Ministry for Ecological Transition will approve two extraordinary credits worth 220 and 450 million euros to offset the 80% cut in fees for electrointensive industry and the suspension of the 7% IVPEE tax in 2026. These measures are part of the Real Decreto Ley approved by the Council of Ministers on Friday, published in the BOE on Saturday, and effective from Sunday.

 

 

 

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