natgillin/translations-raw huggingface dataset:
Privileged and preferential access to the Portuguese gas infrastructure (Sines LNG terminal, import pipeline and Carriço underground storage)
Privilegirani in prednostni dostop do portugalske plinske infrastrukture (terminala za utekočinjen zemeljski plin v Sinèsu, plinovoda za uvažanje in podzemnega skladišča v Carriçu)
Further to the proposed transaction, EDP will have the ability and the incentive to maintain a privileged and preferential access to natural gas to the detriment of companies actually or potentially involved in electricity generation.
Na podlagi predlagane transakcije bo družba EDP lahko v svojo korist in v škodo družb, ki so že udeležene pri pridobivanju energije ali pa bodo to šele postale, obdržala privilegirani in prednostni dostop do zemeljskega plina.
High-pressure gas network further to the merger EDP will be able to have influence on the management of the high-pressure gas network: (i) in the short term, EDP will jointly control Transgás (including the gas network) for a temporary [12] period which may last up to 19,5 months.
Visokotlačno plinsko omrežje: na podlagi združitve bo lahko družba EDP vplivala na upravljanje visokotlačnega plinskega omrežja: (i) kratkoročno gledano bo imela družba EDP začasno [12] skupen nadzor nad Transgásom (vključno s plinskim omrežjem), in sicer za največ 19 mesecev in pol.
During this period, EDP may have a strong influence on the strategy and management of the network.
V tem obdobju lahko družba EDP močno vpliva na strategijo in upravljanje omrežja.
This may also provide EDP with a deep insight into the network operating features from which EDP may later on draw advantages; (ii) in the long term, REN will operate the high-pressure gas network as a result of the merger.
S tem lahko družba EDP tudi globlje spozna delovanje omrežja, kar ji bo kasneje zelo koristilo in jo postavilo v prednosten položaj; (ii) dolgoročna posledica združitve bo, da bo družba REN postala upravljavka visokotlačnega plinskega omrežja.
GDP’s international pipeline the merged entity would be in a position to use the first existing entry point in Portugal (the pipeline which goes from Algeria to Portugal through Morocco and Spain and which enters Portugal in Campo Maior) at a full capacity in order to prevent competitors to use any freed capacity.
Mednarodni plinovod družbe GDP: združena družba bi imela pravico uporabljati vse zmogljivosti prve obstoječe vstopne točke na Portugalsko (plinovod, ki je iz Alžirije speljan preko Maroka in Španije do Portugalske – vstopna točka je Campo Maior), da bi s tem konkurentom preprečila uporabo kakršnih koli prostih zmogljivosti.
Therefore, even if TPA is applied, there is currently not enough free capacity for third parties to import gas on a permanent basis and with a minimum of certainty as to the level of gas they will be able to import.
Ne glede na to, da je dostop tretjim strankam dovoljen, pa zanje trenutno ni dovolj prostih zmogljivosti za dolgoročno uvažanje plina in prav tako ni mogoče natančno določiti količine plina, ki jo bodo sploh lahko uvozile.
GDP’s Sines terminal the LNG terminal located in Sines is the only one in Portugal.
Terminal družbe GDP v Sinèsu: terminal za utekočinjen zemeljski plin v Sinèsu je edini na Portugalskem.
It was launched at the beginning of 2004 and is owned and operated by GDP (through its wholly-owned subsidiary Transgás).
Obratovati je začel v začetku leta 2004, njegova lastnica in upravljavka je družba GDP (preko svoje hčerinske družbe Transgás).
Its maximum import capacity is 5.3 bcm p.a.
Njegova največja uvozna zmogljivost je 5,3 milijarde kubičnih metrov na leto.
In the absence of liberalisation in the gas sector, so far, no TPA rule has been imposed on the terminal.
Ker liberalizacija ni zajela plinskega sektorja, terminalu zaenkrat še ni bilo predpisano nobeno pravilo o dostopu tretjih strank.
As a result, third parties who would like to have access to the terminal would have to contact GDP and negotiate specific terms and conditions with the latter.
Zaradi tega morajo tretje stranke, ki bi rade dostopale do terminala, navezati stike z družbo GDP in se z njo pogajati o posebnih pogojih.
Carriço underground storage further to the merger, EDP will also be in a position to operate GDP’s Carriço underground storage.
Podzemno skladišče v Carriçu: na podlagi združitve bo imela družba EDP tudi pravico do upravljanja podzemnega skladišča v Carriçu, ki je last družbe GDP.
This is the only storage of natural gas available in Portugal (apart from the LNG storage in Sines which is much smaller).
To je edino skladišče zemeljskega plina na Portugalskem (poleg skladišča utekočinjenega zemeljskega plina v Sinèsu, ki pa je precej manjši).
It is essential for competing power generators operating CCGTs to have access to the flexibility offered by this storage on a non-discriminatory basis.
Bistvenega pomena je, da ne prihaja do diskriminacije pri dodeljevanju pravice do uporabe skladišča konkurenčnim proizvajalcem energije s plinskimi elektrarnami.
The market investigation confirmed that these access conditions were not sufficient to ensure that competitors will actually fully benefit from the storage, as EDP will be in a position the limit access by arguing about technical issues.
Preučitev trga je potrdila, da zgolj nediskriminacija konkurentom ne zagotavlja polne uporabe skladišča, saj lahko družba EDP prepove uporabo zaradi neizpolnjevanja tehničnih zahtev.
Further to the operation as notified, EDP acquires a significant control over the gas entry points as well as the storage facilities.
Na podlagi priglašene transakcije dobi družba EDP precejšen nadzor nad točkami, kjer plin vstopa v državo, in skladiščnimi objekti.
The operation could thus provide it with all the necessary means and incentives to make access to the gas network more difficult for its competitors, even though the high-pressure gas grid in Portugal is to be ownership-unbundled to REN.
Zato bi lahko transakcija družbi EDP omogočila in jo spodbudila, da konkurentom oteži dostop do plinskega omrežja ne glede na to, da naj bi se lastništvo visokotlačnega plinskega omrežja na Portugalskem preneslo na družbo REN.
Ability to manage the constraints in the gas supply to CCGTs to the detriment of competing CCGTs
Zmožnost omejevanja dobave plina plinskim elektrarnam v škodo konkurenčnim plinskim elektrarnam
The high uncertainties as to the effectiveness of the transfer of infrastructures and transport rights to REN do not ensure that the gas requirements of actual (i.e. Turbogás) and potential competing CCGTs will be supplied by another company but the merged entity.
Precejšnje negotovosti glede učinkovitosti prenosa infrastrukture in pravic do transporta na družbo REN ne zagotavljajo, da bo plin dejanskim (tj. Turbogás) in morebitnim konkurenčnim plinskim elektrarnam dobavljal kdo drug kakor združena družba.
When restrictions occur in gas supply in Portugal, GDP will have the incentive to favour EDP’s plants to the detriment of competing CCGTs.
Če se na Portugalskem pojavijo omejitve pri oskrbi s plinom, bo družba GDP najverjetneje dala prednost elektrarnam družbe EDP v škodo konkurenčnim plinskim elektrarnam.
Ability and incentive to control gas price and raise rivals’ costs, thereby foreclosing its actual and potential and deterring entry
Zmožnost in interes za določanje cen plina in višanje stroškov, s čimer bi se obstoječa in morebitna konkurenca izločila, nove konkurente pa bi se odvračalo od vstopa na trg
Further to the merger, EDP will have the ability and incentive to raise the price of gas supplied to actual competitors (Turbogás, for its short-term requirements).
Na podlagi združitve bo družba EDP zmožna in bo njen interes dvigovati cene plina, dobavljenega obstoječim konkurentom (Turbogásu za izpolnjevanje njegovih kratkoročnih zahtev).
This holds also true for potential competitors (for the whole of their requirements) since the pace of liberalisation and uncertainties as to the access to entry points makes it likely that future CCGTs, if any, will be supplied with gas by GDP.
Isto velja za morebitne konkurente (kar zadeva vse njihove zahteve), saj stopnja liberalizacije in negotovosti glede dostopa do vstopnih točk dokaj jasno kažejo, da bo bodoče plinske elektrarne, če bodo sploh zgrajene, s plinom oskrbovala družba GDP.
Access to proprietary information about EDP competitors’ costs, conferring it a significant advantage:
Dostop do zaupnih podatkov o stroških konkurentov, kar prinaša odločilno prednost
The merged entity will be armed with the knowledge of its actual competitors’ input costs will be able to price in such a way so as to foreclose its rivals.
Združena družba bo poznala višino stroškov vlaganj obstoječih konkurentov in bo cene lahko oblikovala tako, da jih bo izločila iz igre.
Such structural advantage will also strengthen EDP’s dominant position as it is likely to further deter or delay entries of potential competitors willing to operate new CCGTs through supplies of gas by GDP.
Takšne strukturne prednosti bodo prav tako okrepile prevladujoč položaj družbe EDP, saj družba v tem položaju morebitne konkurente, pripravljene upravljati nove plinske elektrarne, ki bi jih oskrbovala družba GDP, odvrača od vstopa na trg ali pa z vstopom le zavlačuje.
Access to the daily gas nomination of its main proprietary information about its competitors’ costs, conferring it a significant advantage;
Dostop do podatkov o predvideni dnevni porabi plina v sklopu glavnih zaupnih podatkov o stroških konkurentov, kar prinaša odločilno prednost
Further to the merger, EDP will also have access to the daily gas nominations of Turbogás (and of other CCGTs possibly supplied by GDP in the future), that is the information one day in advance about the volume of gas that the CCGT plans to consume on an hourly basis.
Na podlagi združitve bo imela družba EDP dostop tudi do podatkov o predvideni dnevni porabi plina podružnice Turbogás (in drugih plinskih elektrarn, ki jih bo morda v prihodnosti oskrbovala družba GDP) ¬– podatki, ki se naznanijo za en dan vnaprej, se nanašajo na količino plina, ki naj bi ga plinska elektrarna porabila vsako uro.
As a result, EDP will be able to know in advance the pattern of power production planned by Turbogás for the following day.
Družba EDP bo tako vnaprej spoznala vzorec proizvodnje energije v Turbogásu za naslednji dan.
Given the volatility of CCGTs’ production, this information is strategic: Knowing, for instance, that Turbogás does not plan to generate power at a certain time of the following day, EDP will be in a position to raise its prices above Turbogás’ variable costs with no fear of losing sales to Turbogás.
Glede na spremenljivost proizvodnje v plinskih elektrarnah so ti podatki strateško pomembni: če EDP npr. izve, da Turbogás v neki točki naslednjega dne ne namerava proizvajati energije, lahko EDP brez strahu, da bi njegova prodaja zaradi Turbogása padla, dvigne cene nad Turbogásove spremenljive stroške.
The abovementioned horizontal and vertical effects, considered individually or together, strengthen EDP’s dominant position in the electricity wholesale market.
Zgoraj navedeni horizontalni in vertikalni učinki, vzeti kot celota ali posamezno, krepijo prevladujoč položaj družbe EDP na grosističnem trgu električne energije.
ANCILLARY SERVICES
POMOŽNE DEJAVNOSTI
The present operation will remove GDP as a likely entrant on the electricity market, and therefore a potential provider of ancillary services.
Z obravnavano transakcijo se GDP s trga električne energije umakne kot verjeten novi konkurent in posledično tudi kot morebiten ponudnik pomožnih dejavnosti.
Based on all the reasons developed in the assessment of the wholesale market and given that only a few plants can provide such services, GDP’s entry on the wholesale market would have weakened EDP’s position in the provision of ancillary services.
Na podlagi vseh razlogov, s katerimi je postregla ocena grosističnega trga, in ob upoštevanju, da samo nekaj obratov opravlja tovrstne dejavnosti, bi vstop družbe GDP na grosistični trg oslabil prevladujoči položaj družbe EDP na področju opravljanja pomožnih dejavnosti.
The concentration results in the elimination of this potential competitor in the market for the provision of ancillary services.
Posledica koncentracije je umik tega morebitnega konkurenta s trga pomožnih dejavnosti.
RETAIL MARKETS FOR ELECTRICITY IN PORTUGAL
MALOPRODAJNI TRGI ELEKTRIČNE ENERGIJE NA PORTUGALSKEM
EDP holds a dominant position on the retail markets for electricity in Portugal
EDP ima prevladujoč položaj na maloprodajnih trgih električne energije na Portugalskem
The market for supply of electricity to large industrial customers (45 % of total consumption) is fully eligible.
Trg električne energije za velike industrijske odjemalce (45 % skupne porabe) je popolnoma primeren.
On this market, EDP holds a 92 % market share in volume (much more in customers).
Na tem trgu znaša količinski tržni delež družbe EDP 92 % (veliko več po številu odjemalcev).
The small customer market only began to be opened in the course of 2004.
Trg malih odjemalcev se je začel odpirati šele tekom leta 2004.
EDP holds close to 100 % market share.
Tržni delež družbe EDP je skoraj 100 %.
Experience from other Member States shows clearly that the switching rates of those clients will be much lower than those of industrial customers.
Izkušnje iz drugih držav članic jasno kažejo, da bo malih odjemalcev, ki bodo prešli k drugemu ponudniku, precej manj kakor industrijskih odjemalcev.
EDP’s dominance will therefore only be challengeable at a slower pace.
Spornost prevlade družbe EDP bo tako le stranskega pomena.
Strengthening of EDP’ dominant position on the retail market for electricity in Portugal
Krepitev prevladujočega položaja družbe EDP na maloprodajnem trgu električne energije na Portugalskem
The proposed operation will strengthen EDP’s dominant positions since it will eliminate GDP as a significant potential competitor.
Predlagana transakcija bo okrepila prevladujoč položaj družbe EDP, saj povzroči umik družbe GDP kot pomembnega morebitnega konkurenta.
During the Commission’s investigation, respondents have indeed confirmed that GDP would be the most likely and effective potential entrant on these markets, in particular due to its wide gas customer base, its well-known national brand as well its ability to make dual-fuel offers.
Med preiskavo Komisije so zaslišanci potrdili, da bi bila družba GDP najverjetnejši in najučinkovitejši morebitni novi konkurent na teh trgih, in sicer predvsem zaradi velikega števila odjemalcev plina, svoje prepoznavne nacionalne blagovne znamke in ponudbe, ki zajema dve različni vrsti goriva.
Moreover, the merger will raise further barriers to entry as the merged entity will combine incumbents’ advantages in gas and electricity and force competitors to enter simultaneously on the gas and electricity markets to be able to offer dual-fuel.
Poleg tega bo združitev dodatno omejevala vstop konkurentov na trg, saj bo združena družba združevala prednosti ustaljenih družb na področju plina in električne energije ter konkurente silila, da istočasno vstopajo tako na trg plina kot električne energije, da bodo lahko ponudili dve vrsti goriva.
GAS MARKETS
TRGI PLINA
GDP HAS A DOMINANT POSITION ON THE PORTUGUESE GAS MARKETS
GDP IMA PREVLADUJOČ POLOŽAJ NA PORTUGALSKIH TRGIH PLINA
Due to its current position of legal monopolist, GDP holds a dominant position in all gas markets, with the only exception of the distribution of natural gas in the area of Porto where Portgás — a company in which EDP has recently acquired joint control — is active.
Družba GDB ima zaradi svojega trenutnega položaja zakonitega monopolista prevladujoč položaj na vseh trgih plina, razen na področju distribucije zemeljskega plina na območju Porta, kjer deluje družba Portgás, nad katero je EDP pred kratkim prevzel skupni nadzor.
GDP enjoys and will keep enjoying after the opening of the markets significant incumbency advantages vis-à-vis potential new entrants.
Družba GDP ima, in bo imela tudi po odprtju trgov, v primerjavi z morebitnimi novimi konkurenti številne prednosti, ki jih prinaša ustaljenost na trgu.
In particular, (i) it has gained a strong experience and knowledge of the Portuguese gas markets at every level, (ii) it has established a large customer base and a significant volume of sales in the country, (iii) it has developed very well known brands both at national and local level, and (iv) it has acquired a unique knowledge of the customers’ profile (in terms of consumption profile, or solvency and credit terms) and specific needs (such as need for additional services or special customer care), (v) it controls, through the GDP-controlled LDCs, the distribution system operators.
Družba je zlasti (i) pridobila dragocene izkušnje in znanje s področja portugalskih plinskih trgov na vseh ravneh, (ii) vzpostavila široko mrežo odjemalcev in dosegla velik obseg prodaje v državi, (iii) razvila zelo razpoznavne blagovne znamke na nacionalni in lokalni ravni, in (iv) raziskala in dodobra spoznala značilnosti odjemalcev (glede porabe ali plačilne in kreditne sposobnosti) in njihove posebne potrebe (potreba po dodatnih storitvah ali posebni podpori za odjemalce), (v) družba preko lokalnih distributerjev, ki so pod nadzorom družbe GDP, obvladuje upravljavce distribucijskih sistemov.
STRENGTHENING OF GDP’S DOMINANT POSITION ON THE PORTUGUESE GAS MARKETS
KREPITEV PREVLADUJOČEGA POLOŽAJA DRUŽBE GDP NA PORTUGALSKIH TRGIH PLINA
Gas supply to power producers (CCGTs)
Dobava plina proizvajalcem energije (plinskim elektrarnam)
As regards the supply of gas to CCGTs, the notified operation will foreclose all the gas demand by CCGTs (namely Turbogás’ [13] and TER/Carregado's short-term requirements) which could otherwise have been challenged by competitors of GDP, once CCGTs are eligible.
Kar zadeva oskrbo plinskih elektrarn, bo priglašena transakcija izločila povpraševanje plinskih elektrarn (kratkoročne zahteve TER-a/Carregada in Turbogása [13]), ki bi mu konkurenti družbe GDP sicer lahko ustregli, potem ko postanejo plinske elektrarne upravičene.
This strengthens GDP's dominant position in the market for the supply of gas to CCGTs.
To krepi prevladujoč položaj družbe GDP na trgu dobave plina plinskim elektrarnam.
Gas supply to LDCs (local distribution company)
Dobava plina lokalnim distributerjem
The notified operation will foreclose the gas demand of the only LDC which is so far not controlled by GDP, namely Portgás.
Priglašena transakcija bo izločila edinega lokalnega distributerja, ki do tega trenutka še ni pod nadzorom družbe GDP oziroma Portgása.
Further to the operation, no gas supply to LDCs will be challengeable by gas competitors any longer, when they become eligible.
Na podlagi transakcije noben konkurent ne bo več mogel prevzeti oskrbe lokalnih distributerjev, ko ti postanejo upravičeni.
This strengthens GDP's dominant position in the market for the supply of gas to LDCs.
To krepi prevladujoč položaj družbe GDP na trgu dobave plina lokalnim distributerjem.
Supply to gas to LICs (large industrial customers)
Dobava plina velikim industrijskim odjemalcem
The investigation has shown that EDP would have been the most likely entrant in the market for supply of gas to large industrial customers, once it is liberalised.
Preiskava je pokazala, da bi bila družba EDP najverjetnejši novi konkurent na trgu dobave plina velikim industrijskim odjemalcem, potem ko bi se ta liberaliziral.
EDP appears to be the most likely potential entrant in this market, considering (i) that it operates a CCGT for the production of electricity (and hence has access to large quantities of gas), which confers a strong incentive to enter the gas supply markets, (ii) that it could rely on its electricity customers (EDP controls close to 100 % of the electricity distribution in Portugal), to which it could offer a joint supply of gas and electricity (dual-fuel) and (iii) that it could also rely on the experience, the reputation and the customer base of the gas distributor Portgás.
Zdi se, da je družba EDP najverjetnejši morebitni novi konkurent na tem trgu, če upoštevamo, (i) da upravlja plinsko elektrarno za proizvodnjo električne energije (torej ima dostop do velikih količin plina), kar je močna spodbuda za vstop na trge dobave plina, (ii) da se lahko zanaša na svoje odjemalce električne energije (EDP pokriva skoraj 100 % distribucije električne energije na Portugalskem), katerim lahko ponudi tako plin kot električno energijo (dve vrsti goriva), in (iii) da se lahko zanaša tudi na izkušnje, ugled in bazo odjemalcev distributerja plina Portgás.
The effective entry of electricity incumbents in gas markets has been witnessed in many Member States.
V številnih državah članicah so ustaljene elektroenergetske družbe vstopile na trge plina.
The loss of EDP’s potential competition strengthens GDP’s dominant position on the market of gas supply to LICs.
Umik morebitne konkurence družbe EDP okrepi prevladujoči položaj družbe GDP na trgu dobave plina velikim industrijskim odjemalcem.
Gas supply to small customers
Dobava plina malim odjemalcem
The Commission has come to the conclusion that, absent the merger, EDP would have been the most likely entrant on the market for the supply of gas to small customers.
Komisija je zaključila, da bi bila družba EDP v primeru, če do združitve ne bi prišlo, najverjetnejši novi konkurent na trgu dobave plina malim odjemalcem.
EDP’s advantages can be grouped in three main bundles of advantages: (a) advantages in procurement due to EDP’s position as a gas-fired power producer in Portugal; (b) advantages due to EDP’s position as the incumbent electricity retailer and distributor (c) advantages due to its position in and information on gas retailing in Portugal (Portgás and information sharing on Lisboagás).
Prednosti družbe EDP se lahko razvrstijo v tri skupine: (a) prednosti pri oskrbovanju zaradi njenega položaja, ki izhajajo iz dejstva, da je plinski proizvajalec energije na Portugalskem; (b) prednosti zaradi njenega položaja, ki izhajajo iz dejstva, da je ustaljena maloprodajna elektroenergetska družba in distributer; (c) prednosti zaradi položaja na področju maloprodaje plina na Portugalskem in vseh podatkov o tem področju (Portgás in skupna uporaba podatkov na Lisboagásu).
EDP’s will to enter the gas markets is further evidenced by its recent acquisition of control over a Portuguese LDC, Portgás, and its strong development in gas markets in Spain (EDP acquired control over the second largest gas company in Spain, Naturcorp).
Željo družbe EDP po vstopu na trge plina potrjuje tudi nedaven prevzem nadzora nad lokalnim portugalskim distributerjem, Portgásom, in njen bujen razcvet na trgih plina v Španiji (EDP je pridobil nadzor nad drugo največjo plinsko družbo v Španiji, imenovano Naturcorp).
On the basis of the abovementioned elements, the concentration would remove GDP’s main competitor and raise further the barriers to entry in the market for the supply of gas to small customers.
Na podlagi prej navedenih elementov bi koncentracija umaknila glavnega konkurenta družbi GDP, kar bi dodatno oviralo vstop na trg dobave plina malim odjemalcem.
It will thus strengthen GDP’s dominant position in the retail gas market in Portugal.
Zato bo koncentracija okrepila prevladujoč položaj družbe GDP na maloprodajnem trgu plina na Portugalskem.
V. COMMITMENTS PROPOSED BY THE NOTIFYING PARTIES
V. PREDLAGANE OBVEZNOSTI STRANK PRIGLASITELJIC
The parties have submitted commitments on 28 October 2004 and an improved version on 17 November 2004.
Stranki sta predložili obveznosti 28. oktobra 2004, izpopolnjeno različico pa 17. novembra 2004.
The 17 November 2004 commitments are summarised below, using the parties’ numbering:
Obveznosti iz izpopolnjene različice, kakor sta jih oštevilčili stranki, so povzete v nadaljevanju:
EDP.1 Reduction of EDP’s shares in REN from 30 % to 5 %
EDP.1 Zmanjšanje delnic družbe EDP v družbi REN s 30 % na 5 %.
EDP.2 Divestment of EDP’s shares in Tejo Energia
EDP.2 Odprodaja delnic, ki jih ima družba EDP v Tejo Energia.
EDP.3 Moratorium concerning the construction of new CCGTs subject to a review clause
EDP.3 Začasna opustitev izgradnje nove plinske elektrarne, ki je predmet klavzule o pregledu.