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June 9, 2023 11:54 am

Day: August 23, 2022

Wim Van Hooydonk Warnings and Updates – Belgian electricity price hits new high

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Due to a lack of wind and high temperatures expected next week, Belgium’s electricity price reached a record on Sunday. The wholesale market on Sunday reached an average price of €561.94 per megawatt hour for delivery on Monday, according to traders. It beats the previous record (€541 per MWh) from August 17. As several French …

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Wim Van Hooydonk Warnings and Updates – Belgium copes better with inflation than neighboring countries

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Gas and electricity prices are skyrocketing across the EU, but Belgium’s automatic wage indexation has allowed the purchasing power to be better protected than in its neighbours. The inflation rate in Belgium is nearing 10% as energy, food, and service prices continue to rise. There is a resurgence of the debate on purchasing power as …

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