Green Certificate Trading

Source: JOIN IEA/IRENA Policy and Measures Database
Last updated: 30 July 2012
To promote green energy on the national electricity market, the Netherlands in 2001 established a tradable green certificates program. In a green certificate system, the credits function as an accounting system to verify whether demand has been met or, when there is no demand, to measure the amount of electricity produced from renewable energy sources (RES-E). Secondly, certification facilitates trade: through the establishment of green certificates (GCs) a separate market for the renewable characteristic of the electricity will originate besides the market for physical electricity.

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