CASE COMMENTS: STATE AIDS – INTERNAL MARKET OF ELECTRICITY

Stranded costs: The Court of Justice of the European Union considers that changes in the ownership structures of electricity producing companies should be taken into account when calculating the amount of compensation for stranded costs to be granted (PGE)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In the context of the opening up of the electricity sector to competition, initially brought about by Directive 96/92/EC of the European Parliament and of the Council of 19 December 1996 concerning common rules for the internal market in electricity (OJEC 1996, L 27, p. 20), certain Member States have had to grant aid to electricity generating companies. The purpose of the aid was to compensate for the costs, commonly known as 'stranded costs', generated by the fact that those undertakings could no longer meet commitments or guarantees of operation entered into before the opening of the market. These commitments or guarantees may in fact take various

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  • European Court of Justice (Luxembourg)

Quotation

Raphaël Vuitton, Stranded costs: The Court of Justice of the European Union considers that changes in the ownership structures of electricity producing companies should be taken into account when calculating the amount of compensation for stranded costs to be granted (PGE), 15 September 2016, Concurrences Nº 4-2016, Art. N° 82082, pp. 147-149

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