natgillin/translations-raw huggingface dataset:
The Authority pointed out that the price seemed low compared to other contracts entered into around the same time.
Järelevalveamet rõhutas, et hind tundub väike võrreldes muude ligikaudu samal ajal sõlmitud lepingutega.
Finally, it referred to the municipality’s own statement that the contract might have saved Becromal NOK 17,5 million compared to the market price.
Lisaks viitas järelevalveamet omavalitsuse väitele, et leping oleks säästnud Becromalile turuhinnaga võrreldes 17,5 miljonit Norra krooni.
The presence of an advantage within the meaning of Article 61(1) EEA
Eelise olemasolu EMP lepingu artikli 61 lõike 1 tähenduses
In order for this condition to be fulfilled, the measures must confer on Becromal advantages that relieve it of charges that are normally borne from its budget.
Et see tingimus oleks täidetud, peavad meetmed andma Becromalile eeliseid, mis vabastavad ta kuludest, mida ta üldjuhul peaks oma eelarvest kandma.
This would be the case when a public entity does not fix an energy tariff in the manner of an ordinary economic agent but uses it to confer a pecuniary advantage on energy consumers [19].
Asi oleks nii, kui avalik-õiguslik üksus ei määra energiatariifi kindlaks nagu tavaline ettevõtja, vaid kasutab seda rahalise eelise andmiseks energiatarbijaile [19].
In the case at hand, an advantage would be present if the power price in the contract between Becromal and Notodden municipality is lower than the market price.
Käesoleva juhtumi puhul oleks eelis olemas, kui Becromali ja Notoddeni omavalitsuse vahelise lepingu järgne elektri hind oleks turuhinnast madalam.
In that case, the measure would also be selective since it exclusively benefits Becromal.1.2.1.
Sellisel juhul oleks meede ka valikuline, sest see toob kasu ainult Becromalile.1.2.1.
The basis for establishing the market price
Turuhinna määramise alus
As a preliminary comment, the Authority notes that the cost-based price mechanism in the agreement, as referred to above, gives rise to a presumption that an economic advantage is present.
Esialgse märkusena märgib järelevalveamet, et lepingus sisalduv kulupõhine hinnamehhanism lubab eeldada majandusliku eelise olemasolu.
The prices of concession power which the municipalities are entitled to buy, on the basis of the legislation referred to above, would in the majority of cases be significantly lower than the market price.
Kontsessioonienergia hinnad oleksid eespool nimetatud õigusaktide kohaselt enamikul juhtudel turuhindadest märgatavalt madalamad.
However, for a finding that an economic advantage is present, it is not sufficient to rely on that presumption alone.
Ometi ei piisa majandusliku eelise olemasolu kindlaksmääramiseks vaid sellistest eeldusest.
It must be demonstrated that the price was in fact lower than the market price for a similar contract as the one between Notodden and Becromal.
Tuleb tõendada, et sellise lepingu puhul nagu Notoddeni ja Becromali vahel sõlmitud, oli hind tõepoolest turuhinnast väiksem.
In order to establish the market price, the Authority must assess which price would have been acceptable to a private investor in a market economy.
Järelevalveamet peab turuhinna kindlakstegemiseks hindama, milline hind olnuks erainvestorile turumajanduse tingimustes vastuvõetav.
In the opening decision, the Authority referred to a difference of NOK 17,5 million between the price paid and the market price.
Järelevalveamet viitas uurimismenetluse algatamise otsuses makstud hinna ja turuhinna 17,5 miljoni Norra krooni suurusele vahele.
In their comments to the Authority’s opening decision, the Norwegian authorities have clarified that this was the difference between the spot market price and the contract price.
Oma märkustes järelevalveameti uurimismenetluse algatamise otsuse kohta selgitasid Norra ametiasutused, et tegu oli hetke turuhinna ja lepinguhinna vahega.
However, as the contract in question is a bilateral contract of five years’ duration, the contract price cannot necessarily be compared to the spot market prices, as those prices reflect the sale of electricity on the power exchange Nord Pool.
Kuna aga kõnealune leping on kahepoolne viieaastane leping, ei saa lepingujärgset hinda võrrelda hetke turuhindadega, sest need hinnad peegeldavad elektrienergia müüki elektribörsil Nord Pool.
In Nord Pool’s Elspot market, hourly power contracts are traded daily for physical delivery in the next day’s 24-hour period [20].
Nord Pooli elektri hetketurul kaubeldakse iga päev tunniste energiamüügilepingutega, mis täidetakse füüsiliselt järgmise ööpäeva jooksul [20].
Thus, the duration of the contracts and the conditions under which they are traded differ significantly from the current contract.
Seega erinevad lepingute kestused ja nendega kauplemise tingimused oluliselt kõnealusest lepingust.
What falls to be examined is whether a private investor operating in a market economy would have chosen to enter into a long-term bilateral contract for the same price and on the same terms as in the agreement in question.
Uurida tuleb, kas turumajanduse tingimustes tegutsev erainvestor oleks sõlminud pikaajalise kahepoolse lepingu sama hinna ja tingimustega, mis kõnealusel lepingul.
In making that assessment, the Authority cannot replace the municipality’s commercial judgement with its own, which implies that the municipality, as the seller of electricity, must enjoy a wide margin of judgement.
Järelevalveamet ei saa asendada hindamisel omavalitsuse ärilist mõtlemist enda omaga, mis tähendab, et omavalitsusel kui elektrienergia müüjal on lai tõlgendusruum.
Only where there is no other plausible explanation for the municipality’s choice of contract would it be qualified as State aid [21].
Juhtumit saab tõlgendada riigiabina vaid juhul, kui omavalitsuse valikule lepingu sõlmimisel ei ole muid usutavaid seletusi [21].
Since there is a market for bilateral long-term contracts and a market price can be established, it must be assumed that market investors may, depending on the circumstances, prefer such arrangements to spot price sales, even if selling the power volumes on the power exchange (thus obtaining the spot price) might have yielded a higher profit.
Kuna on olemas turg pikaajaliste kahepoolsete lepingute jaoks ja on võimalik määrata turuhinda, tuleb eeldada, et turuinvestorid võivad olenevalt asjaoludest eelistada sellist korraldust hetkehinnaga müügile, olgugi et energiakoguste müümine elektribörsil (saades seega hetkehinda) võinuks pakkuda suuremat kasumit.
There can be a number of commercially sound reasons to prefer one, stable buyer rather than the fluctuating prices on the power exchange for a certain period of time, such as risk reduction and administrative simplification.
Võib olla mitu äriliselt põhjendatud põhjust eelistada kindlal ajavahemikul ühte stabiilset ostjat elektribörsi kõikuvatele hindadele, näiteks riski vähendamine ja haldamise lihtsustamine.
Against this background, the Authority finds that the contract price should be compared to the average price for the type of contracts entered into on similar terms and for a similar duration, at around the same time.
Eespool öeldut arvestades leiab järelevalveamet, et lepingujärgset hinda tuleks võrrelda ligikaudu samal ajal samalaadsetel tingimustel sõlmitud umbes samasuguse kestusega lepingutes kokkulepitud hindade keskmisega.
The Authority specifically notes that what falls to be assessed is the market price which could be reasonably expected at the time of entering into the contract, not the subsequent price development in the market during the contract period.
Järelevalveamet juhib eelkõige tähelepanu, et hinnata on vaja turuhinda, mida võis lepingu sõlmimise ajal põhjendatult eeldada, mitte lepingu kehtivuse ajal järgnenud hindade arengut turul.
Market price data for bilateral long-term contracts
Turuhinnaandmed kahepoolsete pikaajaliste lepingute puhul
In order to establish the market price for bilateral long-term contracts at the time of entry into the contract, the Norwegian authorities, in their comments to the decision to open the formal investigation procedure, have submitted statistics from Statistics Norway pertaining to prices of electric energy traded in the wholesale market and concession power for the years 1994 to 2005 (Table 24 from Statistics Norway at the time, currently 23).
Et määrata kindlaks kahepoolsete pikaajaliste lepingute turuhind kõnealuse lepingu sõlmimise ajal, esitasid Norra ametiasutused oma märkustes uurimismenetluse algatamise otsuse kohta Norra Statistikaametilt saadud statistilised andmed hulgiturul müüdud elektrienergia ja kontsessioonienergia hindade kohta aastatel 1994–2005 (tookord Norra Statistikaameti tabel 24, praegu tabel 23).
Table 23
Tabel 23 Hulgiturul müüdud elektrienergia ja kontsessioonienergia hinnad.
Prices of electric energy traded in the wholesale market and concession power — 1994-2007 — Øre/kWh [22] [22]
Norra ööri / kWh [22] [22]
Bilateral contracts, total
Kahepoolsed lepingud kokku
Contracts up to 1 year duration
Kuni 1-aastased lepingud
Contracts up to 1–5 years’ duration
1–5-aastased lepingud
Contracts with more than 5 years’ duration
Pikemad kui 5-aastased lepingud
Market power trade, total
Energiaturg kokku
Spot prices
Hetkehinnad
The regulation market
Reguleeritud turg
Concession power
Kontsessioonienergia
The Authority has requested information from Statistics Norway relating to the contracts on which the statistics are based.
Järelevalveamet küsis Norra Statistikaametilt teavet lepingute kohta, millel toodud statistika põhineb.
According to Statistics Norway, the prices in the table are based on wholesale contracts in effect in the year in question, including contracts entered into earlier but still running.
Norra Statistikaameti väitel põhinevad tabelis esitatud hinnad asjaomasel aastal kehtinud hulgimüügilepingutel, sealhulgas varem sõlmitud kehtivad lepingud.
Moreover, contracts with end-users are not included in this table [23].
Tabel ei hõlma lepinguid lõpptarbijatega [23].
Statistics Norway have also provided a technical explanation on the data set relied on to the Norwegian authorities [24].The Authority has also found other statistics from Statistics Norway’s database to be relevant, including, in particular, Table 7 ‘Time series covering quarterly and yearly prices of electric energy in the whole sale market, taxes excluded’:
Norra Statistikaamet esitas ka tehnilise selgituse Norra ametiasutustele edastatud andmekogumi kohta [24].Järelevalveamet leidis Norra Statistikaameti andmebaasist ka muid statistilisi andmeid, sealhulgas eelkõige tabeli 7 „Elektrienergia kvartali- ja aastahulgihindade aegread, ilma maksudeta”:
Time series covering quarterly and yearly prices of electric energy in the whole sale market, taxes excluded [25] [25]
Elektrienergia kvartali- ja aastahulgihindade aegread, ilma maksudeta [25] [25]
Sales of electricity
Elektrienergia müük
Fixed-price contracts, full-time
Kindla hinnaga lepingud, katkematu tarbimine
Fixed-price contracts, free-time
Kindla hinnaga lepingud, vaba tarbimine
Electricity access
Elektri kättesaadavus
New fixed-price contracts (entered into the last 3 months before the measuring week)
Uued kindla hinnaga lepingud (sõlmitud 3 kuu jooksul enne mõõtmisnädalat)
On the basis of the wording of the contract [26], it would seem that the contract between Notodden municipality and Becromal is a so-called ‘full-time contract’, i.e. a contract providing a fixed amount of power each minute over whole contract period [27].
Notoddeni omavalitsuse ja Becromali vahelise lepingu sõnastusest [26] paistab, et tegu on nn katkematu tarbimise lepinguga, st lepinguga, mille kohaselt ostja saab kogu lepingu kestuse ajal igas minutis kindla energiakoguse [27].
For fixed price, full-time contracts (row number two in the above table), the average price was 12,1 øre/kWh on 14 May 2001, or 14,6 øre/kWh on 10 May 2002.
Kindla hinnaga katkematu tarbimisega lepingute puhul (tabeli rida 2) oli keskmine hind 14. mail 2001. aastal 12,1 Norra ööri / kWh ja 10. mail 2002. aastal 14,6 Norra ööri / kWh.
Furthermore, the last row in the table shows prices in new fixed price contracts, entered into the last three months before the measuring week.
Tabeli viimases reas on esitatud nende kindla hinnaga lepingute järgsed hinnad, mis sõlmiti mõõtmisnädalale eelnenud kolme kuu jooksul.
It shows that the price in the second quarter of 2001 was 15,6 øre/kWh, whilst the price for the second quarter of 2002 seems to be unknown.
See näitab, et 2001. aasta teises kvartalis oli hind 15,6 Norra ööri / kWh, samal ajal kui 2002. aasta teise kvartali hinda ei paista teada olevat.
These figures include full-time and free-time contracts alike.
Need arvandmed hõlmavad nii katkematu tarbimisega kui ka vaba tarbimisega lepinguid.
The Authority has also collected statistics from Nord Pool.
Järelevalveamet kogus statistilisi andmeid ka Nord Poolilt.
Nord Pool’s statistics show the average price per date for one year financial contracts traded on the power exchange.
Nord Pooli statistika näitab aasta jooksul elektribörsil müüdud finantslepingute keskmisi päevahindu.
The prices reflect the price of financial contracts at the date in question.
Hinnad näitavad finantslepingute hindu asjaomasel kuupäeval.
On 14 May 2001, the prices of the contract types in question were 18,4 øre/kWh, 17,413 øre/kWh and 17,75 øre/kWh [28].
mail 2001 olid hinnad kõnealuste lepinguliikide puhul 18,4 Norra ööri / kWh, 17,413 Norra ööri / kWh ja 17,75 Norra ööri / kWh [28].
Finally, Statistics Norway also produces statistics of electricity prices to end-users of electric power [29].
Norra Statistikaamet esitas ka elektrihinnad lõpptarbijaile [29].
However, the Authority has not found these statistics to be of much relevance for the contract in question, as the prices applicable for energy intensive industries, according to Statistics Norway, probably include long-term government subsidised contracts entered into before the entry into force of the EEA Agreement.
Järelevalveamet ei pea neid andmeid aga kõnealuse lepingu puhul asjakohasteks, kuna energiamahuka tööstuse puhul kehtivad hinnad sisaldavad Norra Statistikaameti andmeil tõenäoliselt pikaajalisi valitsuse rahastatud lepinguid, mis on sõlmitud enne EMP lepingu jõustumist.
The relevance of the various price statistics for the purpose of establishing the market price for the Becromal contract
Erinevate hinnastatistikate asjakohasus Becromali lepingu turuhinna määramisel
In order to identify the most comparable price data, a detailed examination of the contract between Notodden and Becromal is necessary.
Kõige paremini võrreldava hinnateabe väljaselgitamiseks on vaja vaadata üksikasjalikult läbi Notoddeni ja Becromali leping.
The contract was signed on 10 May 2002, but has retroactive effect as from 14 May 2001, when the delivery started.
Lepingule kirjutati alla 10. mail 2002, kuid see kehtib tagasiulatuvalt 14. maist 2001, mil tarnimine algas.
However, when the contract has retroactive effect, as here, some form of implicit agreement on price and other contract terms must have existed as from the beginning of the power delivery.
Kui aga leping, nagu käesoleval juhul, kehtib tagasiulatuvalt, pidi elektritarnimise algusest peale olema mingi vaikiv kokkulepe hinna ja lepingusätete kohta.
Thus, the Authority finds that not only the prices relating to the date the contract was signed, but also the general price trends in the period around the start of delivery and the signing of the contract, must be taken into account.
Seetõttu leiab järelevalveamet, et arvesse on vaja võtta mitte ainult lepingu allakirjutamise kuupäeva hindu, vaid ka hinna üldist arengut tarnimise algusest kuni lepingu allakirjutamiseni.
Secondly, it must be pointed out that the benchmark price should, ideally, be based on contracts of a similar type and of similar duration.
Teiseks tuleb rõhutada, et võrdlushind peaks ideaaljuhul põhinema samalaadsetel ja sarnase kestusega lepingutel.
This would mean fixed price, full-time contracts of approximately five years’ duration.
See tähendab kindla hinnaga, katkematu tarbimisega, ligikaudu viieaastase kestusega lepingutel.
Furthermore, the benchmark price should, preferably, be based on statistics for contracts entered into in 2001-2002, not for contracts which were simply in effect at that time.
Peale selle peaks võrdlushind eelistatavalt põhinema ajavahemikul 2001–2002 sõlmitud lepingute statistikal, mitte nende lepingute omal, mis lihtsalt kõnealusel ajal kehtisid.
Against that background, it should, firstly, be noted that the prices from Nord Pool seem to be of less relevance since they reflect the prices of financial contracts, of one year’s duration.
Arvestades eespool öeldut, tuleks esiteks märkida, et Nord Pooli hinnad tunduvad vähem asjakohased, sest need peegeldavad üheaastase kestusega finantslepingute hindu.
Financial contracts do not concern physical power volumes, but guarantee the buyer a certain power volume at an agreed price in a specified period in the future.
Finantslepinguid ei sõlmita energiakoguste kohta, vaid need tagavad ostjale kokkulepitud hinnaga teatava energiakoguse kindlal ajavahemikul tulevikus.
The power will have to be physically traded in the spot market before the contract is settled.
Enne lepingu eest arveldamist tuleb elektrienergia füüsiliselt müüa hetketurul.
Financial contracts are entered into as a price securing measure for future power needs [31].
Finantslepinguid kasutatakse tulevase energiavajaduse hinnakindlustamismeetmena [31].
Thus, the conditions under which such contracts are traded are different and they must be seen as a different product from the contract in question, which concerns a physical power volume from a specific plant.
Seega on selliste lepingute müümise tingimused erinevad ja neid tuleb käsitada erineva tootena kõnealusest lepingust, mis on seotud konkreetsest elektrijaamast pärineva füüsilise energiakogusega.
Therefore, it is the Authority’s view that the prices in the financial market are not necessarily directly comparable to the price agreed between Becromal and Notodden municipality.
Seetõttu on järelevalveamet seisukohal, et finantsturu hinnad ei ole ilmtingimata võrreldavad Becromali ja Notoddeni omavalitsuse vahel kokkulepitud hinnaga.
As regards Table 24 rendered above, it shows the prices of all contracts which were in effect in the year in question.
Eespool toodud tabelis 24 on esitatud kõikide kõnealusel aastal kehtinud lepingute hinnad.
The same is true with respect to the prices for full-time contracts in Table 7 (‘Time Series covering quarterly and yearly prices of electric energy in the wholesale market, taxes excluded, øre kWh’).
Sama kehtib tabelis 7 („Elektrienergia kvartali- ja aastahulgihindade aegread, ilma maksudeta”) esitatud katkematu tarbimise lepingute kohta.
Ideally, the price paid by Becromal should be compared to the prices of contracts entered into in 2001, not to the prices of all contracts in effect at that time.
Ideaaljuhul peaks Becromali makstud hinda võrdlema 2001. aastal sõlmitud lepingute hindadega, mitte kõikide sel ajal kehtinud lepingute hindadega.
However, that type of information has not been made available to the Authority.
Kahjuks ei ole järelevalveametile seda liiki teavet esitatud.
The prices for new fixed price contracts entered into the last 3 months (the last row in Table 7) do reflect the prices of new contracts.
Viimase kolme kuu jooksul sõlmitud kindla hinnaga lepingute hinnad (tabel 7, viimane rida) peegeldavad uute lepingute hindu.
Those statistics do not distinguish between full-time and free-time contracts.
Nendes andmetes on koos nii katkematu kui ka vaba tarbimise lepingud.
Since the prices of full-time contracts are generally seen to be somewhat lower that the prices of free-time contracts elsewhere in the table, it would seem to be likely that the prices of new contracts would also have been somewhat lower had full-time contracts been shown separately.
Kuna katkematu tarbimise lepingute hinnad tabeli muudel ridadel on teataval määral väiksemad kui vaba tarbimise lepingute omad, tundub tõenäoline, et ka uute lepingute hinnad olnuksid veidi väiksemad, kui katkematu tarbimise lepingud oleksid eraldi näidatud.
Moreover, it seems that Statistics Norway does not have sufficient price data for this type of contracts from the 3rd quarter 2001 until the 3rd quarter 2003, as no prices are included in the table for this period.
Pealegi tundub, et Norra Statistikaametil ei ole piisavaid hinnaandmeid seda liiki lepingute kohta 2001. aasta kolmandast kvartalist kuni 2003. aasta kolmanda kvartalini, sest selle ajavahemiku kohta ei ole hindu esitatud.
In conclusion, the Authority finds that no single price from these statistics is suitable for accurately establishing the market price of this type of contract entered into at the material time.
Kokkuvõttes leiab järelevalveamet, et ükski esitatud üksikhind ei sobi asjaomasel ajal sõlmitud seda liiki lepingu turuhinna täpseks kindlaksmääramiseks.
At the same time, the prices for 1 to 5 [32] years’ bilateral contracts in Table 24, the prices of fixed price, full-time contracts in Table 7 and the prices of new fixed price contracts in the same table concern the same or a similar type of agreements.
Samal ajal on tabelis 24 esitatud 1–5-aastaste [32] kahepoolsete lepingute hinnad, tabelis 7 esitatud kindla hinnaga katkematu tarbimise lepingute hinnad ja uute kindla hinnaga lepingute hinnad seotud sama või samalaadset tüüpi lepingutega.
Therefore, they are relevant to establishing the market price for the Becromal agreement.
Seetõttu on nad Becromali lepingu turuhinna kindlaksmääramisel asjaomased.
Taken together, these price data can provide a price range that, in the Authority’s view, could give a useful indication of the market price.
Ühtekokku võivad need andmed anda hinnavahemiku, mis võiks järelevalveameti seisukohast olla asjakohane turuhinna näidik.
In Table 24, the prices for 1 to 5 years’ contracts which were in effect in 2001 and 2002 were 13,6 øre/kWh and 17,3 øre/kWh, respectively.
Tabelis 24 on 2001. ja 2002. aastal kehtinud 1–5-aastaste lepingute hinnad vastavalt 13,6 Norra ööri / kWh ja 17,3 Norra ööri / kWh.
For contracts of more five years duration the prices were 10,5 øre/kWh and 10,4 øre/kWh.
Viiest aastast pikema kestusega lepingute puhul olid vastavad hinnad 10,5 Norra ööri / kWh ja 10,4 Norra ööri / kWh.
Table 7 shows that the prices of fixed price, full-time contracts in effect in the second quarter of 2001 and 2002, respectively, were 12,1 øre/kWh and 14,6 øre/kWh.
Tabel 7 näitab, et 2001. ja 2002. aasta teises kvartalis kehtinud kindla hinna ja katkematu tarbimise lepingute hinnad olid vastavalt 12,1 Norra ööri / kWh ja 14,6 Norra ööri / kWh.
Finally, the price of new fixed price contracts entered into in the second quarter of 2001 was 15,6 øre/kWh.
aasta teises kvartalis sõlmitud uute kindla hinnaga lepingute hind oli 15,6 Norra ööri / kWh.
These prices differ somewhat, and can hardly be compared directly.
Need hinnad erinevad mõnevõrra ja vaevalt saab neid otseselt võrrelda.
Still, it would seem that the price in the Becromal agreement, 13,5 øre/kWh, would fall within the price range which can be established on the basis of these price data.
Sellegipoolest tundub, et Becromali lepingu hind, 13,5 Norra ööri / kWh, jääb vahemikku, mille saab määrata eespool toodud andmete alusel.
Also, there seems to have been a certain degree of uncertainty in the market, given the significant differences in some price data from one quarter to the next one (see Table 7).
Arvestades märgatavaid erinevusi üksteisele järgnevate kvartalite hinnaandmetes (tabel 7), tundub, et turul valitses teatav ebakindlus.
In order to establish that the price in the contract conferred an advantage on Becromal within the meaning of the State aid rules, the Authority must find that price deviates sufficiently from the established market price to justify such a finding [33].
Et teha kindlaks, et lepingujärgne hind andis Becromalile eelise riigiabi eeskirjade tähenduses, peab järelevalveamet leidma, et hind hälbib piisavalt väljakujunenud turuhinnast, et sellist järeldust õigustada [33].
As described above, the exact market price for the contract at the time of conclusion cannot be established.
Nagu eespool kirjeldatud, ei ole lepingu täpset sõlmimisaegset turuhinda võimalik kindlaks teha.