natgillin/translations-raw huggingface dataset:
Section D.1.3 (27) of the Environmental Guidelines sets out the threshold for investment aid, which is to be limited to 40 % of the extra investment costs necessary to meet the environmental objectives.
Oddelek D.1.3 (27) Okoljskih smernic določa prag pomoči za naložbe, ki jo je treba omejiti na 40 % dodatnih naložbenih stroškov, potrebnih za izpolnitev okoljskih ciljev.
If necessary, 100 % of eligible costs may be supported.
Če je treba, se lahko podpre 100 % upravičenih stroškov.
In addition, sections D.3.3.1 (53) and (54) of the Environmental Guidelines also allow for operating aid, in order to compensate for higher unit investment costs.
Poleg tega oddelek D.3.3.1 (53) in (54) Okoljskih smernic omogoča pomoč za tekoče poslovanje, in sicer kot nadomestilo za višje naložbene stroške na enoto.
Point (54) allows support to compensate for the difference between the production cost of renewable energy and the market price of the power concerned.
Na podlagi točke (54) se lahko odobri podpora za nadomestitev razlike med stroški proizvodnje obnovljivih virov energije in tržno ceno zadevne energije.
However, the aid must be limited to plant depreciation, which is to be understood as investment depreciation.
Vendar mora biti pomoč omejena na amortizacijo obrata, ki se šteje za amortizacijo naložbe.
If the EFTA state can show that the aid is indispensable given the poor competitiveness of certain renewable energy sources, a fair return on capital may also be included.
Če država Efte lahko dokaže, da je pomoč nujna zaradi slabe konkurenčnosti nekaterih obnovljivih virov energije, se lahko vključi tudi primeren donos kapitala.
Operating aid is normally understood as aid intended to relieve an undertaking of the expenses which it would normally have had to bear in its day-to-day management or its usual activities.
Kot pomoč za tekoče poslovanje se navadno obravnava pomoč, katere namen je, da se podjetje razbremeni stroškov, ki bi jih običajno moralo nositi v okviru svojega rednega poslovanja ali običajnih dejavnosti.
However, for renewable energy sources, operating costs are generally lower than for conventional technology.
Vendar so stroški poslovanja pri obnovljivih virih energije navadno nižji kot pri konvencionalni tehnologiji.
On a day-to-day basis, renewable energy production is, therefore, expected to generate a positive cash flow, i.e. not be in need of any aid to relieve them of operating costs.
Proizvodnja obnovljivih virov energije naj bi po pričakovanjih torej dnevno ustvarjala pozitivni denarni tok, to pomeni, da ne potrebuje pomoči, s katero bi zadevna podjetja razbremenili stroškov poslovanja.
Section D.3.3.1 (54) of the Environmental Guidelines limits the support for plant depreciation (i.e. investment).
Oddelek D.3.3.1 (54) Okoljskih smernic omejuje podporo za amortizacijo obrata (tj. naložbo).
What is compensated for, in effect, are the higher unit investment costs, rather than ordinary running costs.
Dejansko se nadomestijo višji naložbeni stroški na enoto, ne pa običajni tekoči stroški.
Consequently, aid granted under point (54) is, in effect, given to support an undertaking's investment.
Posledično se s pomočjo, dodeljeno na podlagi točke (54), dejansko podpre naložba podjetja.
If the aid would cover a fair rate of return on capital in addition to depreciation of the capital, all capital costs would be covered, and the aid would in present value terms amount to the full investment.
Če bi pomoč poleg amortizacije sredstev zajemala tudi primerno stopnjo donosa kapitala, bi bili zajeti vsi stroški kapitala in pomoč bi v smislu sedanje vrednosti pomenila celotno naložbo.
Future capital depreciations augmented by the required rate of return would in present value terms be discounted by the same rate.
Prihodnje amortizacije kapitala, povečane za zahtevano stopnjo donosa, bi bile v smislu sedanje vrednosti diskontirane po enaki stopnji.
The discounted costs would be the upper ceiling for the aid.
Diskontirani stroški bi bili zgornja meja pomoči.
The Environmental Guidelines allow for a combination of investment and operating aid.
Okoljske smernice omogočajo združitev pomoči za naložbe in pomoči za tekoče poslovanje.
When calculating the operating aid available, account should be taken of any investment aid granted to the firm in question, see D.3.3.1 (54) of the Environmental Guidelines.
Pri izračunu razpoložljive pomoči za tekoče poslovanje je treba upoštevati vsako pomoč za naložbe, dodeljeno zadevnemu podjetju, glej oddelek D.3.3.1 (54) Okoljskih smernic.
Thus, any investment aid granted will be deducted from the eligible amount for operating aid.
Zato je treba vsako dodeljeno pomoč za naložbe odšteti od upravičenega zneska pomoči za tekoče poslovanje.
This shows that the threshold in section D.3.3.1 (54) of the Environmental Guidelines functions as the maximum threshold for giving investment aid to a renewable energy project.
To ponazarja, da se prag iz oddelka D.3.3.1 (54) Okoljskih smernic uporablja kot najvišji prag za dodeljevanje pomoči za naložbe projektom obnovljivih virov energije.
Aid granted under the NPV approach applied by Enova
Pomoč, dodeljena na podlagi metode neto sedanje vrednosti, ki jo uporablja Enova
As described in section I 9.1, points (4) and (7) of this Decision, the NPV approach used by Enova calculates the aid amount so that projects reach an NPV of zero, which, for a rational investor, would be the triggering off point for when a project is realized in the market.
Kot je opisano v oddelku I 9.1, točki (4) in (7), te odločbe, se z metodo neto sedanje vrednosti, ki jo uporablja Enova, znesek pomoči izračuna tako, da projekti dosežejo neto sedanjo vrednost nič, kar naj bi bila za razumnega vlagatelja spodbuda za uresničitev projekta na trgu.
No aid will be given in excess of the amount necessary to reach the zero net present value.
Pomoč, s katero bi se presegel znesek, potreben za dosego neto sedanje vrednosti nič, ne bo dodeljena.
The aid element can thus be expressed as:
Element pomoči tako lahko izrazimo kot:
(Discounted Cash Flows (DCF)) – (Investment costs) + (Aid) = 0
(diskontirani denarni tokovi) – (naložbeni stroški) + (pomoč) = 0
As expressed above, the cash flows from the operations of the renewable project are used to pay off the original investment costs.
Kot je izraženo zgoraj, se denarni tokovi iz dejavnosti projekta obnovljivih virov uporabijo za poplačilo prvotnih naložbenih stroškov.
Renewable energy projects generally have higher unit investment costs than traditional technology.
Projekti obnovljivih virov energije imajo na splošno višje naložbene stroške na enoto kot tradicionalna tehnologija.
Hence, the net income generated (the DCF component above) will, in many cases, not be high enough to pay off the necessary investment.
Zato ustvarjeni čisti dobiček (element diskontiranih denarnih tokov zgoraj) velikokrat ne bo zadostoval za poplačilo potrebne naložbe.
These projects are then eligible for an aid component, in order to bring the NPV to 0.
Ti projekti so nato upravičeni do elementa pomoči, da bi neto sedanjo vrednost spravili na 0.
The Authority has had, however, one concern with the use of this method for calculating aid.
Vendar je Nadzorni organ izrazil zaskrbljenost v zvezi z uporabo te metode za izračun pomoči.
The reason for that has been that projects that do not generate a positive cash flow may also be considered eligible for aid.
To pa zato, ker se za upravičene do pomoči lahko štejejo tudi projekti, ki ne ustvarijo pozitivnega denarnega toka.
Such projects will generate a negative DCF, which will lead to the aid component exceeding the investment costs, and consequently the maximum aid intensities.
Takšni projekti ustvarijo negativen diskontiran denarni tok, kar bo vodilo do elementa pomoči, ki presega naložbene stroške in posledično največje intenzivnosti pomoči.
However, as long as the DCF component remains positive, the aid given to any project will never exceed the investment costs.
Če pa element diskontiranega denarnega toka ostane pozitiven, pomoč za kateri koli projekt nikoli ne bo presegla naložbenih stroškov.
To address this concern, the Norwegian authorities have agreed to amend the scheme, as expressed in number section I.9.1 number 9 of this Decision, so that projects which have a negative DCF are not eligible for any aid from Enova.
Za rešitev tega vprašanja so norveški organi privolili v spremembo sheme, kot je ponazorjeno pod številko (9) oddelka I.9.1 te odločbe, tako da projekti z negativnim diskontiranim denarnim tokom niso upravičeni do pomoči s strani organa Enova.
This ensures that the maximum ceiling is not exceeded, by limiting aid to investment costs.
S tem se zagotovi, da zgornja meja ni presežena, saj je pomoč omejena na naložbene stroške.
However, for projects which generate a relatively low DCF, the aid component will be relatively large, resulting in high aid intensities.
Vendar bo pri projektih, ki ustvarijo razmeroma nizek diskontirani denarni tok, element pomoči razmeroma velik, kar bo privedlo do visokih intenzivnosti pomoči.
For this to be justifiable, it must be demonstrated that the aid given is ‘indispensable’ for the realization of the projects.
Da se to lahko upraviči, je treba dokazati, da je dodeljena pomoč „nujna“ za uresničitev projektov.
No rational investor can be expected to launch a project with a negative NPV.
Od nobenega razumnega vlagatelja ne gre pričakovati, da bo uvedel projekt z negativno neto sedanjo vrednostjo.
For that reason, the Authority is of the view that a NPV calculation, preformed on the basis of the best available information when granting the aid, will serve as a sufficient demonstration of the indispensability of the aid given.
Zato Nadzorni organ meni, da bo izračun neto sedanje vrednosti, izveden na podlagi najboljših razpoložljivih podatkov ob dodelitvi pomoči, zadosten dokaz o nujnosti dodeljene pomoči.
When applying the NPV method, due account must be taken of the individual risk involved in each project when setting the discount rates for an investment.
Ob uporabi metode neto sedanje vrednosti je treba ustrezno upoštevati posamezno tveganje, ki ga vsak projekt vključuje ob določitvi diskontnih stopenj za naložbo.
Following discussions with the Authority, Norway commissioned an independent analysis from First Securities [70] in order to determine the discount rates to be used when assessing project applications under the scheme.
Po razpravah z Nadzornim organom je Norveška pri organu First Securities naročila neodvisno analizo [70] za določitev diskontnih stopenj, ki se bodo uporabljale pri ocenjevanju prijavljenih projektov v okviru sheme.
In this report, the method for arriving at the correct discount rates is set out, based on best practice financial methodologies.Further, the Norwegian authorities have underlined that Enova would only be involved in the investment phase of the projects.
V tem poročilu je opredeljena metoda za določitev pravilnih diskontnih stopenj, ki temelji na finančnih metodologijah najboljše prakse.Nadalje so norveški organi poudarili, da bi bil Enova vključen samo v naložbeno fazo projektov.
Projects which have received investment aid from Enova will not be eligible for any further support under the Environmental Guidelines once the lump sum payment has been made.
Projekti, ki so od organa Enova prejeli podporo za naložbe, po izplačilu enkratnega zneska ne bodo upravičeni do nadaljnje podpore na podlagi Okoljskih smernic.
Another positive element is that the aid is ‘tendered out’, i.e. that different projects compete for support and that only the most efficient projects which provide the best aid/energy efficiency ratio will be supported.
Drugi pozitivni element je, da je pomoč „dana na javni razpis“, to pomeni, da se za podporo potegujejo različni projekti, prejmejo pa jo samo najučinkovitejši projekti, ki zagotavljajo najboljše razmerje med pomočjo in energetsko učinkovitostjo.
This approach will contribute to support only projects which are promising and give support only to the extent necessary.
Takšna metoda bo prispevala k temu, da bo podpora dodeljena samo obetavnim projektom in še to samo v potrebnem obsegu.
Special provisions for biomass
Posebne določbe za biomaso
An exception to the above is biomass projects.
Izjema k zgoraj navedenemu so projekti v zvezi z biomaso.
For such projects, the provisions of D.3.3.1 (55) of the Environmental Guidelines allow for a higher total ceiling than investment costs.
Določbe D.3.3.1 (55) Okoljskih smernic pri takšnih projektih omogočajo skupno zgornjo mejo, ki je višja od naložbenih stroškov.
The reason for that is that these projects typically have low investment, but high running costs.
To pa zato, ker so za te projekte značilne nizke naložbe, toda visoki tekoči stroški.
In the case of these projects, the Authority is of the view that aid may be distributed according to the NPV calculations, without the investment costs as a limit.
V zvezi s temi projekti Nadzorni organ meni, da se pomoč lahko razdeli na podlagi izračunov neto sedanje vrednosti, ne da bi bili omejitev za to naložbeni stroški.
Likely aid intensities
Verjetne intenzivnosti pomoči
The above discussion has dealt with the maximum aid intensities.
V zgornji razpravi so bile obravnavane največje intenzivnosti pomoči.
However, for most of the projects eligible for aid from Enova, the actual aid intensities will be considerably lower.
Vendar bodo dejanske intenzivnosti pomoči znatno nižje za večino projektov, upravičenih do pomoči iz organa Enova.
This is due to the fact that renewable energy projects in general have low operating costs, which will lead to DCFs which are higher than for conventional technology.
To pa zaradi dejstva, da so stroški poslovanja projektov obnovljivih virov energije na splošno nizki, kar bo povzročilo diskontirane denarne tokove, ki so višji kot pri konvencionalni tehnologiji.
Given that Enova allocates aid to the most cost effective projects based on internal competition, the majority of projects can be expected to result in aid components within the threshold of 100 % of extra investment costs as stipulated in section D.1.3 (27), with the ceiling resulting from the application of section D.3.3.1 (54) rarely being reached.
Ker Enova dodeljuje pomoč stroškovno najučinkovitejšim projektom na podlagi notranjega natečaja, se lahko pričakuje, da bo večina projektov pripeljala do elementov pomoči v okviru 100-odstotnega praga dodatnih naložbenih stroškov, kot je določeno v oddelku D.1.3 (27), najvišja zgornja meja na podlagi oddelka D.3.3.1 (54) pa bo dosežena le redko.
This is confirmed by an assessment of the renewable energy production projects supported so far.
To potrjuje ocena doslej podprtih projektov proizvodnje obnovljivih virov energije.
On average, the aid intensities for the supported wind, district heating and bio energy projects was around 24 % of total investment costs, with a maximum aid intensity for one wind project of 68 % and for a bio energy project of 50 % of the total investment costs [71].
V povprečju je bila intenzivnost pomoči za podprte projekte vetrne energije, daljinskega ogrevanja in bio energije približno 24 % vseh naložbenih stroškov, pri čemer je največja intenzivnost pomoči za en projekt vetrne energije znašala 68 %, za projekt bio energije pa 50 % vseh naložbenih stroškov [71].
However, as it can be demonstrated that the NPV method in any case does not lead to overcompensation with respect to the guidelines, there is no need to demonstrate this in detail.
Ker pa se lahko dokaže, da metoda neto sedanje vrednosti v nobenem primeru ne povzroči prekomernega nadomestila glede na smernice, tega ni treba podrobneje ponazoriti.
In conclusion, the Authority is of the view that following the amendments by the Norwegian authorities, the NPV method of distribution aid respects the thresholds laid down in the Environmental Guidelines, in particular section D.3.3.1 (54).
Skratka, Nadzorni organ meni, da na podlagi sprememb, ki so jih navedli norveški organi, metoda neto sedanje vrednosti za razdelitev pomoči upošteva prag, določen v Okoljskih smernicah, še zlasti oddelek D.3.3.1 (54).
No further assistance
Brez nadaljnje pomoči
In its Decision to open the formal investigation procedure, the Authority was also concerned about whether the projects which were financed by the Energy Fund would receive further assistance by the State, regardless of whether this support would qualify as State aid in the meaning of Article 61(1) of the EEA Agreement or not, see section D.3.3.1 (54) of the Environmental Guidelines.
Nadzorni organ je bil v svoji odločbi o sprožitvi formalnega postopka preiskave zaskrbljen tudi glede tega, ali bi projekti, ki so se financirali iz energetskega sklada, prejeli nadaljnjo pomoč države, ne glede na to, ali bi se ta podpora štela za državno pomoč v smislu člena 61(1) Sporazuma EGP ali ne, glej oddelek D.3.3.1 (54) Okoljskih smernic.
The Authority was concerned that such further assistance could result in unnecessary funding, as the projects support by Enova would already lead to a zero net present value, including a fair rate of return, and should thus be sufficient to trigger the project realisation.
Nadzorni organ se je bal, da bi takšna nadaljnja pomoč lahko povzročila nepotrebno financiranje, ker bi podpora organa Enova za projekte že povzročila neto sedanjo vrednost nič, vključno s primerno stopnjo donosa, in bi torej morala zadostovati za sprožitev uresničitve projekta.
The Norwegian authorities stressed that Enova would only be involved in the investment phase of the project and that the project would only receive the minimal lump sum to trigger off the investment, but not more.
Norveški organi so poudarili, da bi bil Enova vključen samo v naložbeno fazo projekta in da bi projekt prejel samo najnižji enkratni znesek za sprožitev naložbe in nič več.
During the formal investigation procedure, the Norwegian authorities further clarified that in the cash flow calculation of the project, all income would be taken into account.
Med formalnim postopkom preiskave so norveški organi tudi pojasnili, da bi se pri izračunu denarnega toka projekta upoštevali vsi prihodki.
This would include income from other types of state intervention, even if not qualified as State aid.
To naj bi vključevalo dohodek iz drugih vrst posredovanja države, tudi če se ne šteje za državno pomoč.
If the State support qualifies as State aid, this would have to be notified to the Authority in order to establish the project's financial needs.
Če se državna podpora šteje za državno pomoč, je treba o tem obvestiti Nadzorni organ, da se ugotovijo finančne potrebe projekta.
With regard to the possible introduction of a Norwegian green certificates market [72], the contract with the aid beneficiary explicitly contains a repayment clause for the support granted by the Energy Fund in order to avoid support from two sources.
Glede možne vzpostavitve norveškega trga zelenih certifikatov [72] pogodba z upravičencem izrecno vsebuje določbo o vračilu podpore, dodeljene iz energetskega sklada, da bi se izognili podpori iz dveh virov.
The project ' s support is further paid out in instalments which can be adjusted if the project has lower costs than expected.
Podpora za projekt se nadalje izplačuje po obrokih, ki se lahko prilagodijo, če so stroški projekta nižji od pričakovanih.
Upon the closure of the aid contract (i.e. when the last instalment is paid), Enova will make a final assessment and a possible adjustment can be made, either if Enova finds out that the aid recipient provided misleading information or that the project received other state support.
Po zaključku pogodbe o pomoči (tj. po plačilu zadnjega obroka) bo Enova izvedel končno oceno in takrat bo mogoča prilagoditev, če bo Enova ugotovil, da je prejemnik pomoči predložil zavajajoče podatke ali da je projekt prejel drugo državno podporo.
On the basis of the foregoing, the Authority considers section D.3.3.1 (54) of the Environmental Guidelines to be fulfilled.No support of projects with a negative net present value
Na podlagi zgoraj navedenega Nadzorni organ meni, da so pogoji iz oddelka D.3.3.1 (54) Okoljskih smernic izpolnjeni.Brez podpore za projekte z negativno sedanjo vrednostjo
In the Decision to open the formal investigation procedure, the Authority was concerned that the Energy Fund would also support projects which still have a negative net present value, even with the support granted by the Energy Fund.
V odločbi o sprožitvi formalnega postopka preiskave se je Nadzorni organ bal, da bo energetski sklad podprl tudi projekte, katerih neto sedanja vrednost je tudi z dodeljeno podporo energetskega sklada še vedno negativna.
The Norwegian authorities have now stated (see number 9 in section I.9.1 of this Decision) that projects generating a negative EBITDA, under normal operating conditions at the time of investment, are not in a position to receive any aid at all.
Norveški organi sedaj navajajo (glej številko (9) oddelka I.9.1 te odločbe), da projekti, ki pod običajnimi pogoji poslovanja v času naložbe ustvarijo negativni dobiček pred obrestmi, davki in amortizacijo, ne morejo prejeti nikakršne pomoči.
The Authority's concerns have, consequently, been taken into consideration.
Pomisleki Nadzornega organa so bili tako upoštevani.
The Norwegian authorities suggest amending the notified system (see section I.9.2 of this Decision) and intend to apply, for the support of energy saving measures, the ‘extra cost approach’ as stipulated in section D.1.3 (25), section D.1.6 (30), (31), and section D.1.7 (32) of the Environmental Guidelines.
Norveški organi predlagajo spremembo priglašenega sistema (glej oddelek I.9.2 te odločbe) in pri podpori za ukrepe varčevanja z energijo nameravajo uporabiti „metodo dodatnih stroškov“, določeno v oddelku D. 1.3 (25), oddelku D.1.6 (30),(31), in oddelku D.1.7 (32) Okoljskih smernic.
The aid intensities of 40 % of eligible costs with the possibility of a top up of 10 percentage points for small and medium-sized enterprises are equally respected.
Upoštevajo se tudi intenzivnosti pomoči v višini 40 % upravičenih stroškov z možnostjo dodatnih 10 odstotnih točk za mala in srednja podjetja.
The Authority notes that this approach is in line with the Environmental Guidelines and thus compatible with the functioning of the EEA Agreement.
Nadzorni organ navaja, da je ta metoda v skladu z Okoljskimi smernicami in torej združljiva z delovanjem Sporazuma EGP.
New energy technologies
Nove energetske tehnologije
The Norwegian authorities confirm that the support under this category is just a subgroup under the investment support in renewable energy production and energy saving measures respectively.
Norveški organi potrjujejo, da je podpora v okviru te kategorije samo podskupina v okviru podpore za naložbe v proizvodnjo obnovljivih virov energije in ukrepe varčevanja z energijo.
As long as the respective calculation criteria used for the investment support for renewable energy production (section I.9.1) and energy saving measures (see I.9.2 of this Decision) are to be used for this support category, the support under this category is to be assessed according to the same criteria.
Če se za to kategorijo podpore uporabljajo zadevna merila za izračun, ki se uporabljajo pri podpori za naložbe v proizvodnjo obnovljivih virov energije (oddelek I.9.1) in ukrepe varčevanja z energijo (glej I.9.2 te odločbe), je treba podporo v okviru te kategorije ocenjevati na podlagi istih meril.
It will thus be compatible with the Environmental Guidelines.
Potemtakem bo združljiva z Okoljskimi smernicami.
The Authority finds that costs for energy audits and energy analyses can be supported according to section D.1.3 (25) in conjunction with section D.1.6 (31) and section D.1.7 (32) of the Environmental Guidelines.
Nadzorni organ ugotavlja, da se podpora za stroške energetskih pregledov in energetskih analiz lahko dodeli na podlagi oddelka D.1.3 (25) v povezavi z oddelkom D.1.6 (31) in oddelkom D.1.7 (32) Okoljskih smernic.