Belgium Creg Approves Energy Rebates for Energy-Intensive Firms

Belgium's energy regulator Creg approved rebates on distribution costs for about 50 energy-intensive companies, including BASF and Nyrstar, starting November through 2027. The 50-70% discount aims to align Belgian industrial tariffs with German and French levels, costing €130-160 million annually. The measure may lead to higher network costs for other users, a potential political and economic trade-off.

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