Engie, the parent company of Engie Electrabel and operator of Belgium's nuclear power plants, is aiming to finalize an agreement with the Belgian government on

extending the lifetime of nuclear reactors Doel 4 and Tihange 3 by 30 June.

Negotiations have been ongoing for several months, and while progress has been made, some key parameters of the agreement are yet to be finalized. The Belgian government reached an agreement with Engie early this year on keeping the two nuclear power plants open longer, but discussions have continued on decommissioning older reactors and disposing of nuclear waste.

The aim is to reach a final agreement by 30 June, as a timely signing is crucial if Doel and Tihange are to be restarted by November 2026. The quarterly results show that Engie made €389 million of EBIT profit on its Belgian nuclear reactors in the first three months of the year, which is a third less than the same period last year. This is because Doel 3 and Tihange 2 have been disconnected from the grid, and higher market prices were offset by the nuclear tax and surplus profit tax. Photo by Hullie, Wikimedia commons.