Belgian PM warns of blackouts if energy prices capped - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 14/10/2022 14:25:00
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Belgian Prime Minister Alexander De Croo warned a cap on electricity prices called for by the opposition could lead to power being sold in other markets and blackouts in Belgium.

Its government has been pushing for a Europe-wide cap on electricity prices since March, but so far, a common approach to tackle soaring energy costs has eluded the continent.

The geographical position of Belgium, a nation of 11 million, also has to be taken into account because of its interconnectedness with its neighbours. The federal government earlier announced cuts to public buildings’ power consumption and a tax on the profits of energy companies such as Engie and TotalEnergies.

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Belgian PM warns of blackouts if energy prices capped - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Belgian Prime Minister Alexander De Croo warned a cap on electricity prices called for by the opposition could lead to power being sold in other markets and blackouts in Belgium.
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