Skip to main content

Energy crunch in Belgium drives spike in demand for renewable energy cooperatives

Powering Belgian pensioner Bernadette Vandercammen's art deco mansion in the northern town of Eeklo is a challenge at the best of times, let alone when soaring energy prices have left millions of Europeans struggling to pay their bills.

However, the 67-year-old now pays only about half of what she would pay a commercial provider because she belongs to one of Belgium's dozens of local energy cooperatives - citizen-owned initiatives investing in renewable energy and energy efficiency.

Such cooperatives, which rely on their own production rather than buying from volatile markets, have seen a huge spike in demand as the energy crunch has hit consumers.

Read the rest at Reuters

 

Add new comment

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.
CAPTCHA
I think you do!
This question is to verify that you are a human visitor and to prevent automated spam.