|Policy status:||In Force|
|Policy Type:||Economic Instruments>Market-based instruments>Green certificates, Information and Education, Information and Education>Advice/Aid in Implementation, Economic Instruments>Market-based instruments, Economic Instruments|
|Policy Target:||Energy Sector>Electricity Generation>Renewable, Energy Sector>Electricity Generation|
|Agency:||The Flemish Energy Regulator (VREG)|
|Legal References:||Energy decree of 8 May 2009;|
|Funding:||Fine of EUR 100 for each missing certificate|
|Penalty:||Fine of EUR 100 for each missing certificate|
The decree from September 2001 fostering the production from renewable energy implements the Flemish Parliament Act on the organization 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:
14% from its total electricity supply in 2013,
15,5% in 2014,
until 20,5% in 2020.
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 100 for each missing certificate. 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.
Last modified: Fri, 11 Sep 2015 11:38:12 CEST