|Policy Status||In force|
|Date Announced||17 July 2000|
|Date Promulgated||23 September 2001|
|Date Effective||1 January 2002|
|Agency||•The Flemish Regulator (VREG)|
|Related Policies||Support for renewable electricity (photovoltaics) - Green certificates - Flanders|
•Education and Outreach
•Advice/Aid in Implementation
•Green Certificate Trading
•Multiple Renewable Energy Sources
|Description||The decree from September 2001 fostering the production from renewable energy implements the Flemish Parliament Act on the organisation of the electricity market of July 2000. From the 1st of January 2002, every electricity supplier has the obligation to buy a certain amount of green certificates to green electricity producers. This amount has to be 0,8% from its total electricity supply in 2002, 1,2% in 2003, 2% in 2004 until 6% in 2010. The suppliers have to give their certificates yearly (the 31st of March) to the Flemish regulator (the VREG). If the supplier doesn't comply with this obligation, it will have to pay a fine of EUR 75 for each missing certificate in 2003, EUR 100 in 2004 and EUR 125 since 31 March 2005. The fines feed into an Energy Fund.
The Flemish regulator has made available on its web site a page dedicated to the environment-friendly electricity generation, with a list of suppliers and green electricity producers and the price of green certificates, as well as the link to its green certificates relational database management system.