The Electricity and Gas Regulatory Commission (CREG) is the federal body for regulating the electricity and natural gas market in Belgium.
Establishment and operationThe CREG was founded in 1999 following the gradual liberalization of gas and electricity supply. As long as certain market segments have not yet been released, the Control Committee for Electricity and Gas remained. This committee, consisting of representatives of the social partners and the energy sector, was abolished in 2003 and transferred its remaining tasks to the CREG.
It is an autonomous organism with legal personality, led by a four-headed executive committee. As a national regulatory authority in Belgium, the CREG is in the Regulatory Council of the European Agency for Energy Regulators (ACER). Taken
The CREG's mission is double: on the one hand, she provides advice to the authorities, on the other hand, she oversees the market-facing units. One of its supervisory tasks is to determine the net rates on a proposal from the network administrators. For example, the CREG sets the rates for high-pressure gas transport organized by Fluxys and for the use of the high-voltage network managed by Elia, as well as those of the distribution network administrators. Furthermore, the CREG is included in the calculation of social tariffs and the federal contribution. The CREG is also responsible for protecting consumer interests and the market forces, if necessary in cooperation with the Competition Council.
In addition to the federal energy regulator, Belgium also has regional regulators for the aspects of the market forces that belong to the regions, such as renewable energy: Manage
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