natgillin/translations-raw huggingface dataset:
Therefore, there would be no reason for the Commission to distance itself for the assessment performed therein and consider that support to electricity production by way of a CfD could be subject to an SGEI.
Zato Komisija meni, da ukrepi podjetju NNBG dajejo selektivno prednost.
On numerous occasions, in their submission, the UK authorities mention that the aim of the measure is to incentivise or unlock investments into low-carbon generation, in particular new nuclear.
OBSTOJ POMOČI V SMISLU ČLENA 107(1) PDEU: ODŠKODNINA V PRIMERU POLITIČNE ZAUSTAVITVE (DOGOVOR Z MINISTRSTVOM)
This policy aim is commensurate with a common interest objective for which State Aid can be granted rather than with the entrustment of an SGEI.
Združeno kraljestvo namerava podjetju NNBG izplačati odškodnino, če bi elektrarno HPC zaprli iz razlogov, ki niso neposredno povezani z njenim obratovanjem, zlasti zaradi sprememb v politiki vlade.
The HPC CfD has been especially designed to enable barriers to the project to be tackled as efficiently as possible, including some protection against certain risks, most notably around the uncertainty over future electricity prices.
Združeno kraljestvo meni, da ta odškodnina ni pomoč.
This approach is consistent with the provision of State Aid under Article 107(3)(c) TFEU and would not constitute a SGEI.
Združeno kraljestvo navaja, da bodo vse pogodbe na razliko vsebovale določbe o odškodnini za vlagatelje v primeru „kvalificiranega dogodka zaustavitve“, recimo spremembe v zakonu, ki trajno zaustavi obrat (odvisno od tehnologije) ali zavrnitev kakršnega koli ponovnega zagona obrata po določenem obdobju s strani vlade Združenega kraljestva po zaustavitvi.
When discussing whether public procurement rules apply to the project, the UK authorities admit that the measure does not involve any procurement of supply, works or services for the benefit of the UK Government, which contradicts their claim that the measure constitutes an SGEI.
Neposreden dogovor med ministrstvom in vlagatelji NNBG je dodaten in ločen dogovor, ki je namenjen kot podpora določbam kvalificiranega dogodka zaustavitve, ki so nujne zaradi posebnega položaja jedrske energije in večjih tveganj politične zaustavitve.
The first Altmark criterion also requires that the undertaking has a public service obligation to discharge.
Res se zdi, da vse pogodbe na razliko vključujejo določbe za kvalificiran dogodek zaustavitve, vendar pa vsem niso priloženi posebni ločeni dogovori z ministrstvom.
Accordingly, in order to comply with the Altmark case-law, a public service assignment is necessary that defines the obligations of the undertakings in question and of the authority [35].
Komisija priznava, da bi bilo mogoče trditi, da so z jedrsko energijo povezana večja tveganja politične zaustavitve kot pri drugih tehnologijah, vendar pa se zdi, da druge jedrske elektrarne v Združenem kraljestvu nimajo podobnih dogovorov z ministrstvom.
As regards the compulsory nature of the public service obligation in the case at hand, the UK seems to argue that they are ensured by the combination of stringent clauses designed to ensure that NNBG will meet the specified time-frame and the fact that once NNBG is engaged in the construction there will be ‘no way out’ in light of the extremely high sunk costs which it will incur.
Res je, kot navaja družba EDF, da splošna načela prava Združenega kraljestva in prava EU dajejo možnost odškodnine, če je prišlo do odvzema lastninske pravice.
Indeed the CfD seems to provide a series of such stringent clauses incentivising NNBG to perform its obligations according to the contract and allowing the UK authorities to terminate the contract if certain obligations are not performed.
Vendar pa poseben dogovor, ki določeno podjetje pred takim tveganjem ščiti na poseben način, temu podjetju prihrani stroške in čas, ki bi jih podjetje drugače porabilo za uveljavljanje pravic, ki izhajajo iz splošnih načel prava Združenega kraljestva in prava EU, na sodišču in zunaj njega.
Moreover, the nature of the project does entail extremely high sunk costs which will most likely discourage the abandonment of the project.
Podpiranje zakonske pravice s posebno pogodbeno pravico se zdi prednost za subjekt, ki uživa tako pravico, še posebej, ker je edini v takem položaju.
However, despite the special nature of the project, the contractual provisions are typical contractual obligations that any contractual parties would try to include in a similar deal, rather than a public service obligation imposed by the UK authorities.
Zato Komisija meni, da dogovor z ministrstvom podjetju NNBG daje določeno selektivno prednost.
NNBG is actually not obliged to build the nuclear plant, nor is it obliged to build it by a certain date.
POGODBA NA RAZLIKO IN DOGOVOR Z MINISTRSTVOM: DRŽAVNA SREDSTVA IN PRIPISOVANJE DRŽAVI
The UK authorities cannot enforce any obligation in this respect; they can only terminate the contract.
Dogovor z ministrstvom je sklenjen z javnim organom in pomeni odgovornost tega javnega organa.
Moreover, there is no obligation imposed on HPC to produce electricity, to produce a certain amount of electricity or to make that electricity available on the market.
Vsaka prednost iz dogovora izhaja iz državnih sredstev.
Indeed, under the CfD, HPC will have high incentives to produce as much electricity as possible to increase its gains, but it is not obliged to do so.
Ker je pogodbo na razliko mogoče pripisati državi, je tudi prednost iz pogodbe mogoče pripisati državi.
As regards the selling of electricity, HPC is allowed to sell either on the spot market or by way of bilateral contracts meaning that it is neither obliged, nor incentivised to provide the electricity to the public.
Da je prednost pomoč v smislu člena 107 PDEU, mora biti dodeljena neposredno ali posredno iz državnih sredstev.
The Commission considers that these conditions cannot be viewed as public service obligations or as demonstrating that NNBG is be entrusted with a SGEI.
To pomeni, da pojem „državna sredstva“ v smislu člena 107(1) PDEU zajema prednosti, ki jih država dodeli neposredno, in tudi prednosti, ki jih dodeli javni ali zasebni organ, ki ga je imenovala ali ustanovila država [37].
Therefore, the Commission concludes that the first Altmark criterion is not met as ensuring the investment in new generation nuclear capacity to be delivered within a specific time-frame does not constitute a genuine SGEI and NNBG is not entrusted with public service obligations by the United Kingdom.
V tem smislu člen 107(1) PDEU zajema vsa denarna sredstva, ki jih lahko javni organi dejansko uporabijo za podporo podjetjem, ne da bi bilo pomembno, ali ta sredstva trajno pripadajo premoženju države ali ne [38].
CONCLUSION OF THE ASSESSMENT UNDER ART 107(1) TFEU BASED ON THE ‘ALTMARK’ CRITERIA
Zato dejstvo, da zneski, ki ustrezajo zadevnemu ukrepu, ostajajo stalno pod javnim nadzorom in so torej na voljo pristojnim nacionalnim organom, čeprav niso stalno v lasti ministrstva za finance, zadostuje za to, da se opredelijo kot državna sredstva [39].
As the Altmark criteria are cumulative and as the first criterion is not met, the Commission does not consider it necessary to assess the rest of the criteria.
Organi Združenega kraljestva ne zanikajo, da se pogodba na razliko financira iz sredstev, ki so pod nadzorom države.
On the basis of the arguments set out in Sections 7.1 to 7.5 above, the ‘Altmark’ test is not fulfilled for the measure.
Komisija na podlagi spodnjih elementov meni, da bo prednost, dodeljeno po pogodbi na razliko, financiral javni ali zasebni organ, ki ga imenuje država.
Therefore the Commission considers that the measures will provide NNBG with a selective advantage.
Pogodba na razliko se bo financirala prek dajatev dobaviteljev, v takih okoliščinah pa je treba skleniti, da je vsako prednost, izplačano po pogodbi na razliko, mogoče pripisati državi in je financirana iz sredstev, ki jih nadzoruje država.
EXISTENCE OF AID WITHIN THE MEANING OF ARTICLE 107(1) OF THE TFEU: COMPENSATION IN CASE OF POLITICAL SHUTDOWN (SECRETARY OF STATE AGREEMENT)
Prvič, izvršilno ceno in dajatev bo določila država.
The UK intends to grant compensation to NNBG in case the HPC plant were to be shut down for reasons not directly imputable to its operations, and in particular due to changes in government policy.
Drugič, nasprotna stranka bo načeloma zasebno podjetje v lasti države in jo bo v vsakem primeru imenovala država.
The UK does not seem to consider this indemnification as aid.
Določil nasprotne stranke ni mogoče spremeniti brez soglasja ministrstva.
The UK claims that all CfDs will include provisions on compensation for the investors in the case of a ‘qualifying shutdown event’, for example a change in law that permanently shuts down the whole facility (depending on the technology) or a refusal by the UK Government to consent to any restart of the facility after a specified period after shutdown.
Tretjič, nasprotna stranka, ki jo imenuje država, bo upravljala shemo plačil, kar vključuje pobiranje dajatve od dobaviteljev in pobiranje plačil od proizvajalcev, ko bo tržna cena višja od izvršilne cene.
The direct agreement between the Secretary of State and NNBG's investors is an additional and separate agreement intended to function as a back stop to the qualifying shutdown event provisions necessary due to the special situation of nuclear energy and the higher risks of political shutdown.
Vključena bodo tudi plačila za proizvajalce in plačila za dobavitelje v določenih primerih.
Indeed all CfDs appear to include provisions regarding a qualifying shutdown event, but they will not all benefit from a special separate Secretary of State agreement.
Četrtič, nasprotna stranka bo v skladu z energetskim zakonom pooblaščena za pobiranje prihodkov, kar ji bo omogočilo, da bo od dobaviteljev pobirala sredstva, potrebna za plačila proizvajalcem s pogodbo na razliko, država pa bo vzpostavila določene mehanizme, s katerimi bo zagotovila plačila proizvajalcem s pogodbo na razliko v primeru neplačila dobaviteljev.
The Commission acknowledges that it could be argued that nuclear energy might incur higher risks of political shutdown than other technologies; however other nuclear power plants in the UK appear not to benefit from similar Secretary of State agreements.
Ti mehanizmi bodo vključevali določilo, da morajo dobavitelji zagotoviti zavarovanje, rezervni sklad za primer plačilne nesposobnosti in imenovanje zasilnega dobavitelja.
Indeed as EDF claims, the general principles underpinning UK and EU law give rise to a right to compensation where there has been deprivation of a property right, however, a special agreement safeguarding a certain company from such risk in a specific manner appears to relieve such company of any spent fees and time lost in the enforcement of its rights deriving from general principles under UK and EU law in court or out of court.
Rezervni sklad za primer plačilne nesposobnosti bi nasprotni stranki zagotavljal sredstva, s katerimi bi krila neplačane dajatve dobaviteljev za obdobje od izčrpanja zavarovanja do imenovanja nadomestnega dobavitelja po mehanizmu zasilnega dobavitelja, ki ga ureja energetski regulator Ofgem.
Underpinning a legal right with a specific contractual right appears to bring an advantage to the entity enjoying such right especially since it appears to be the only one in this situation.
Petič, nasprotna stranka bo državi poročala o izvajanju.
Therefore, the Commission considers that the Secretary of State Agreement entails certain selective advantages to NNBG.
V zvezi s tem je predvideno, da bo nasprotno stranko urejal okvirni dokument, ki bo med drugim določal odnos med nasprotno stranko in državo, načela delovanja nasprotne stranke, zadeve, rezervirane za delničarja, naloge in pristojnosti nasprotne stranke, upravljavske in finančne odgovornosti ter zahteve za poročanje in spremljanje.
CFD AND SECRETARY OF STATE AGREEMENT: STATE RESOURCES AND IMPUTABILITY TO THE STATE
Določal bo tudi parametre, v okviru katerih mora nasprotna stranka izpolniti svoje naloge v zvezi s pogodbami na razliko.
The Secretary of State Agreement is concluded with a public authority and engages the liability of this public authority.
Na podlagi teh elementov je mogoče skleniti, da bo prednost, dana s pogodbo na razliko, financirana s prispevki, ki jih naloži država in ki jih v skladu z določbami zakonodaje upravlja in razdeli subjekt, ki ga država imenuje in nadzira.
Any advantages deriving from it derive from State resources.
KREDITNO JAMSTVO: OBSTOJ PREDNOSTI, KI SE FINANCIRA IZ DRŽAVNIH SREDSTEV IN JO JE MOGOČE PRIPISATI DRŽAVI
As the CfD is due to the State, the advantage under the CfD is imputable to the State.
Vlada Združenega kraljestva meni, da kreditno jamstvo in pogoji pogodbe na razliko služijo različnima namenoma.
For advantages to be capable of being categorised as aid within the meaning of Article 107 TFEU, they must be granted directly or indirectly through State resources.
Oblikovanje cen in odobritev kreditnega jamstva sta močno odvisna od tveganja zadevnega projekta, vključno s pogoji pogodbe na razliko.
This means that both advantages which are granted directly by the State and those granted by a public or private body designated or established by the State are included in the concept of State resources within the meaning of Article 107(1) TFEU [36].
Vendar pa je posredovanja države v zvezi z elektrarno HPC treba obravnavati skupaj kot enoten ukrep pomoči zaradi višine dolga, potrebnega za projekt, ki ga brez posredovanja države ne bi bilo mogoče dobiti, zaradi časa posredovanj države, ki se zgodijo sočasno, in zaradi povezave med oceno podjetja NNBG, določitvijo višine jamstva in določbami pogodbe na razliko.
In this sense, Article 107(1) TFEU covers all the financial means by which the public authorities may actually support undertakings, irrespective of whether or not those means are permanent assets of the public sector [37].
Pogodba na razliko, dogovor z ministrstvom in kreditno jamstvo so različni z vidika sredstev, so pa del iste naložbene odločitve organov Združenega kraljestva in imajo isti cilj, tj. spodbuditi in omogočiti naložbo v novo jedrsko elektrarno.
Therefore, even if the sums corresponding to the measure in question are not permanently held by the Treasury, the fact that they constantly remain under public control, and are therefore available to the competent national authorities, is sufficient for them to be categorised as State resources [38].
Ti trije ukrepi so povezani in so vsi nujni za izgradnjo elektrarne HPC.
The UK authorities do not contest that the CfD is financed from resources under the control of the State.
Kreditno jamstvo je glavni del financiranja projekta, ki ima precedenčno vrednost.
The Commission considers, based on the elements explained below, that the advantage granted under the CfD will be financed by a public or private body designated by the State.
Obstoj kreditnega jamstva je izjemno pomemben, saj projektu omogoča pridobitev zunanjega financiranja.
The CfD will be funded through a levy on suppliers and under such circumstances it must be concluded that any advantages paid under the CfD are imputable to the State and are also financed from resources under the control of the State.
Na trgu ni primerov podobnih jamstev za podobne projekte, saj ne obstajajo.
First, the SP and the levy will be established by the State.
Glede na precedenčno naravo projekta, financiranja in jamstva, za katerega ni natančno primerljivih referenc, Komisija, tudi če bi menila, da plačilo zmanjšuje podporo, meni, da cena, ki jo podjetje NNBG plača za kreditno jamstvo, ne more biti tržna cena, saj trg ne ponuja podobnega jamstva in ga tudi ne bo ponujal.
Second, the Counterparty will in principle be a government-owned private company and will in any event be designated by the State.
Kreditno jamstvo daje javni organ Združenega kraljestva in vključuje javna sredstva države.
The counterparty's articles cannot be amended without the Secretary of State's consent.
Zato Komisija meni, da kreditno jamstvo, ki ga je Združeno kraljestvo dodelilo za dolg podjetja NNBG, vključuje državno pomoč.
Third, the Counterparty designated by the State will administer the payment scheme, which includes the collection of the levy from suppliers and the collection of payments from generators when the market price is higher than the SP.
IZKRIVLJANJE KONKURENCE IN VPLIV NA TRGOVINO
It will also include payments to generators and payments to suppliers in certain cases.
Pogodba na razliko, dogovor z ministrstvom in kreditno jamstvo lahko izkrivljajo konkurenco in vplivajo na trgovino med državami članicami.
Fourth, the Counterparty will be provided with revenue-raising power in the Energy Bill to enable it to collect from suppliers the funds required to make payments to CfD generators and a certain number of mechanisms will be put in place by the State to ensure certainty of payments to CfD generators in the event of a supplier not paying.
Komisija v zvezi s tem ugotavlja, da sta proizvodnja in dobava električne energije liberalizirani.
These mechanisms will include the obligation for suppliers to provide collaterals, an insolvency reserve fund and the designation of a Supplier of Last Resort.
Ker bodo v tem primeru priglašeni ukrepi omogočali razvoj visoke stopnje zmogljivosti, ki bi bila sicer lahko predmet zasebne naložbe drugih akterjev na trgu, ki uporabljajo alternativne tehnologije, bodisi iz Združenega kraljestva ali drugih držav članic, lahko priglašeni ukrepi vplivajo na trgovino med državami članicami in izkrivljajo konkurenco.
The insolvency reserve fund would provide the counterparty with funding to cover a defaulting supplier's levy payments for the period from its collateral being exhausted until a replacement supplier is appointed under the Supplier of Last Resort mechanism governed by Ofgem.
Komisija meni, da bi lahko ukrepi pomoči izkrivljali odločitve za naložbe in odvrnili alternativne naložbe.
Fifth, the Counterparty will report to the State on the implementation.
Ker je družba EDF že dejavna na trgu proizvodnje električne energije v Združenem kraljestvu, lahko pomoč izkrivlja delovanje prodajnega trga.
In this connection, it is intended that the counterparty will be governed by a framework document, setting out amongst other things the relationship between the counterparty and the State, the operating principles of the counterparty, matters reserved for the shareholder, the counterparty's roles and responsibilities, management and financial responsibilities, and reporting and monitoring requirements.
Pomoč bi lahko privedla tudi do morebitnega zmanjšanja likvidnosti veleprodajnega trga.
It will also set out the parameters within which the counterparty is to fulfil its functions in relation to CfDs.
SPLOŠNA UGOTOVITEV O OBSTOJU POMOČI
On the basis of those elements, it can be concluded that the advantage provided under the CfD will be financed through contributions imposed by the State and managed and apportioned in accordance with the provisions of the legislation by an entity designated by the State and controlled by the State.
Komisija zato ugotavlja, da pogodba na razliko, dogovor z ministrstvom in kreditno jamstvo kot različni ukrepi, ki se nanašajo na eno posredovanje države, vključujejo državno pomoč v smislu člena 107(1) PDEU.
THE CREDIT GUARANTEE: EXISTENCE OF AN ADVANTAGE FUNDED THROUGH STATE RESOURCES AND IMPUTABLE TO THE STATE
OCENA UKREPA NA PODLAGI ČLENA 106(2) PDEU
The UK Government considers that the Credit Guarantee and the terms of the CfD serve different purposes.
Komisija je v svojem sporočilu o okviru Evropske unije za državno pomoč v obliki nadomestila za javne storitve (okvir SSGP) pojasnila, kako bi razlagala člen 106(2) PDEU pri ocenjevanju priglašenega ukrepa, ki vključuje državno pomoč in zagotavljanje SSGP [40].
The pricing and approval of the Credit Guarantee depend critically on the risk within the whole underlying project including the terms of the CfD.
Komisija je v uvodni izjavi (315) ugotovila, da priglašeni ukrep ne pomeni zagotavljanja dejanske SSGP, kar je bistveni pogoj za oceno ukrepa na podlagi člena 106(2) PDEU.
Nevertheless, the interventions of the State related to HPC have to be considered together as a single aid measure due to the amount of debt required for the project that could not be obtained without State intervention, the timing of the State interventions that happen concomitantly and the link between the rating of NNBG, the pricing of the Guarantee and the provisions of the CfD.
Zato po mnenju Komisije za ugotovitev, da priglašenega ukrepa ni mogoče šteti za združljivega z notranjim trgom na podlagi zahtev iz člena 106(2) PDEU, ni treba oceniti ostalih zahtev iz okvira SSGP.
The CfD, the Secretary of State Agreement and the Credit Guarantee, are different in terms of means, but are part of the same investment decision of the UK authorities and have the same aim, to incentivise and allow the investment into new nuclear power.
OCENA UKREPA POMOČI NA PODLAGI ČLENA 107(3)(c) PDEU
The three measures are interlinked, all being necessary for the construction of HPC.
Komisija v uvodni opombi ugotavlja, da so ukrepi, ki vključujejo pomoč za tekoče poslovanje, načeloma nezdružljivi na podlagi člena 107(3)(c) [41].
The Credit Guarantee is the backbone of the financing of the project which has an unparalleled value.
Vendar pa so priglašeni ukrepi in zlasti pogodba na razliko zaradi v nadaljevanju pojasnjenih razlogov enakovredni pomoči za naložbe.
The existence of the Credit Guarantee is also essential for the project to attract outside credit.
Cilj ukrepov in zlasti pogodbe na razliko je omogočiti podjetju NNBG, da se zaveže k naložbi v izgradnjo jedrske elektrarne HPC.
There are no examples of similar guarantees for similar projects on the market as none are being provided.
Pogodba na razliko učinkovito zagotavlja instrument za omejitev tveganja v obliki stabilizatorja cen, ki ponuja stabilnost in varnost dohodkov za obdobje, ki je dovolj dolgo, da lahko podjetje NNBG vloži visoke zneske sredstev, potrebnih za izgradnjo jedrske elektrarne HPC.
Given the unprecedented nature of the project, of the financing and of the Guarantee for which there are no precisely comparable benchmarks, even if it were to consider that the remuneration minimises the support, the Commission considers that the price paid by NNBG for the Credit Guarantee cannot be considered a market price, since the market does not and would not provide a similar facility.
Jedrska elektrarna HPC dejansko pomeni večje tveganje med fazo gradnje in manjše med fazo obratovanja.
The Credit Guarantee is offered by a public body of the United Kingdom and entails the resources of the United Kingdom.
Dolgo obdobje obratovanja jedrske elektrarne HPC zahteva podporne ukrepe, pri katerih bo to upoštevano.
Therefore, the Commission considers that the Credit Guarantee by the UK on NNBG's debt involves State aid.
Z vidika te posebne vrste projekta Komisija meni, da je ukrep pomoči dejansko enakovreden zagotavljanju pomoči za naložbe, pri kateri so upoštevani značilnosti in profil tveganj projekta, ter s tem zmanjšuje potrebni znesek pomoči in dodatne ukrepe, ki so bistveni za spodbujanje naložbe.
DISTORTION OF COMPETITION AND EFFECT ON TRADE
Z vidika finančnega modeliranja se lahko neto sedanja vrednost plačil izvršilne cene obravnava kot enakovredna pavšalnemu plačilu, ki omogoča podjetju NNBG, da krije stroške gradnje.
The CfD, the Secretary of State Agreement and the Credit Guarantee have the potential to distort competition and affect trade between Member States.
Komisija zato ugotavlja, da ima pomoč v tem posebnem primeru zaradi posebnosti projekta značilnost pomoči za naložbe in njena združljivost bo ocenjena temu ustrezno.
The Commission notes in this respect that the generation and supply of electrical power is liberalised.
Posebno izkrivljanje konkurence, ki ga povzroča pomoč, bo ocenjeno v oddelku 9.6.