VREG is responsible for the efficient organisation and working of the deregulated Flemish electricity and gas market. We appoint the distribution network operators and grant supply licences to suppliers who want to supply to end-consumers on the distribution grid (unless they are entitled to do so based on their supply licence or supply activities elsewhere). We also issue support certificates and guarantees of origin to producers of electricity from renewable energy sources and combined heat and power systems.
In addition to this, VREG draws up technical regulations for access to the electricity and natural gas network and for the management and expansion thereof. It mediates and deals with disputes relating to access to the distribution network, and the application of the code of good practice and the technical regulations.
VREG also has a supervisory function. We carefully monitor distribution network operators and energy suppliers to ensure that they comply with legal and statutory obligations. Examples of these are the public service obligations imposed on the various parties in the market.
Along with this, VREG acts as an advisor to the Flemish authorities to optimise the organisation and functioning of the retail energy market. We follow up the evolutions in the Flemish energy market, considered in a European context, via studies and market reports.