, Green Certificates Scheme - Wallonia
Country:Belgium
Year:2003 (last amended 2014)
Policy status:In Force
Jurisdiction:National
Date Effective:2003 (last amended 2014)
Date Amended:

2012, 2014

Policy Type:Regulatory Instruments>Codes and standards, Economic Instruments, Economic Instruments>Fiscal/financial incentives, Economic Instruments>Market-based instruments>Green certificates
Policy Target:Wind>Onshore, Multiple RE Sources>Power, Multiple RE Sources
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
Agency:Federal Regulator: CREG
URL:http://www.creg.be
Legal References:•Act of 29 April 1999 concerning the organisation of the electricity market; •Royal Decree of 16 July 2002 concerning the establishment of mechanisms to promote electricity generated from renewable energy sources; •Royal Decree of 30 March 2009 concerning deviations of production outputs for wind powered electricity production facilities in offshore areas.
Description:

The Royal Decree on the promotion of electricity produced from renewable energy sources was adopted in July 2002 and came into force 1 July 2003. It addresses two fundamental issues: first, it sets the conditions for issuing green certificates by the federal regulator (CREG) for offshore wind energy production, and second, it states that the grid operator is obliged to buy green certificates issued anywhere in Belgium at minimum prices of:

  • EUR 107/MWh for offshore wind energy (for installations with a financial close before 1/5/2014) for energy produced by first installed capacity up to 216 MW for each concession, and EUR 90/MWh for additional capacity, and at minimum prices equal to LCOE – [reference price of electricity – correction factor] for installations with a financial close after 1/5/2014, with LCOE = 138 EUR/MWh;
  • EUR 20/MWh for ocean energy (namely wave and tidal). 

Other obligations related to buying green certificates have been deleted by the Royal Decree of 21/12/2012. Only green certificates delivered to PV installations commissioned before 1/8/2012 can benefit from a minimum purchase price obligation of up to 150 EUR/MWh.

By virtue of a Royal Decree of 20 December 2000, last modified by the Royal Decree of 20 March 2014, the Minister for Energy from now on can deliver domanial concessions for the construction and the exploitation of installations of electricity production, generated from water, currents or winds, in the territorial sea and the exclusive economic zone of Belgium. The decree in question determinates precisely the zone where the installations may be set up. It also specifies the criteria of granting and the procedure by which the concessions are being issued.

The Programme law of July 2005 called for the mandatory contribution by national transmission service operators (TSO) of up to EUR 25 million worth of undersea cables for each concession. An imbalance costs regime for offshore wind production has been put in place by the Royal Decree of 30/3/2009. Imbalance refers to when the electricity producer produces too much or too little electricity, and must pay the difference to the Regulator. The new policy provides a 10% price reduction on the daily market price for the imbalance cost, for output gaps up to 30 %, or has to be compensated by the producer for imbalances above 30 %, based on the TSO’s tariff for the compensation of imbalances or according to the market conditions for imbalance energy.

This record supersedes:National Green Certificate Scheme

Last modified: Fri, 11 Sep 2015 11:36:48 CEST