Wanted: energy system architect with strong hand
The evolution towards a 100% Renewable energy system will not bring independence since we fully depend on technological evolutions realized by other economic agents.
Itinera gaat voor een samenleving waar het aangenaam is om te leven, waar frisse, ambitieuze ideeën de kans krijgen uit te groeien tot duurzame ondernemingen, waar onderwijs jongeren klaarstoomt en zin geeft, en waar innovaties transformeren in succesvolle producten in een economie die blijft bloeien.
The evolution towards a 100% Renewable energy system will not bring independence since we fully depend on technological evolutions realized by other economic agents.
The too early and expensive support policy of solar panels results in a higher electricity bill for the consumer. This policy was not necessary because especially the evolution of renewable energy production in the long run is important.
As in many European countries, we are going through a unique budgetary crisis with a progressive loss of the control over our public finances in the form of adouble snowball effect.
Over the last years, public expenses have increased faster than the basis of the economy. Taking into account the high public debt and the problem of the ageing population, our country will more than ever need to apply more budgetary discipline.
The government wishes to change finance by directing it towards socially acceptable projects. Which milestones do we need to follow to transform these good intentions into reality?
Competitiveness is the result of investments in people, knowledge, technology, infrastructure and institutions that compel enough economic confidence but also stimulate entrepreneurship and risk-taking. In all those areas, our country needs clear policy changes.
A strong dynamic makes it ever more difficult to fund the EU-budget.
Because of the high fuel costs and with low electricity prices, efficient natural gas plants are driven out of the market by old coal plants. Investing in new gas plants is economically no longer feasible.
Prof. Bayenet presents the main characteristics of the current financing mechanisms as well as the main modifications resulting from the sixth state reform.