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Certificats verts ou prime de rachat ? Évolution du marché des certificats verts en Wallonie

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  • Nicolas Boccard
  • Axel Gautier

Abstract

In 2003, Wallonia implemented a mechanism of exchangeable green certificates to promote the development of renewable energies. Since 2007, the green certificate market has been in disequilibrium with an excess supply of certificates mainly due to the differentiated and generous support given to the solar photovoltaic sector. This persistent disequilibrium has made the price of green certificates plummet to close to their guaranteed purchase price of ?65. In reality, the green certificate mechanism has become a guaranteed feed-in premium that must now be modified.

Suggested Citation

  • Nicolas Boccard & Axel Gautier, 2019. "Certificats verts ou prime de rachat ? Évolution du marché des certificats verts en Wallonie," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(1), pages 163-171.
    • Handle: RePEc:cai:rpvedb:rpve_581_0163
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    Cited by:

    1. De Groote, Olivier & Gautier, Axel & Verboven, Frank, 2024. "The political economy of financing climate policy — Evidence from the solar PV subsidy programs," Resource and Energy Economics, Elsevier, vol. 77(C).

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