Forecast: Production of Nuclear Heat in Belgium

The production of nuclear heat in Belgium showed significant fluctuations over the past decade. Actual data from 2013 to 2023 indicate a range from a low of 6.28 Million Tonnes Of Oil Equivalent in 2015 to a high of 12.22 Million Tonnes Of Oil Equivalent in 2021. In 2023, production stood at 8.78 Million Tonnes Of Oil Equivalent. Over the last two years, there was a minor variation in production: a 2.79% increase in 2023 following a substantial decline of 30.09% in 2022. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 showed an average annual growth of 4.76%, indicating a general upward trend despite yearly fluctuations.

Future trends to watch for include a forecasted steady decline in production. The expected five-year CAGR from 2023 to 2028 is projected to be -1.25%, translating to a total decrease of 6.08%. Such a trend may result from factors like policy changes, technological advancements, or shifts in energy production focus towards renewable sources.

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