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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