Commission Decision (EU) 2015/658 of 8 October 2014 on the aid measure SA.34947 (... (32015D0658)
Commission Decision (EU) 2015/658 of 8 October 2014 on the aid measure SA.34947 (2013/C) (ex 2013/N) which the United Kingdom is planning to implement for support to the Hinkley Point C nuclear power station (notified under document C(2014) 7142) (Text with EEA relevance)
- COMMISSION DECISION (EU) 2015/658
- of 8 October 2014
- on the aid measure SA.34947 (2013/C) (ex 2013/N) which the United Kingdom is planning to implement for support to the Hinkley Point C nuclear power station
- (Only the English version is authentic)
- (Text with EEA relevance)
- 1.
- 2.
- 2.1. CONTRACT FOR DIFFERENCE
- 2.1.1.
- 2.1.2.
- 2.2. CREDIT GUARANTEE
- 2.3. SECRETARY OF STATE AGREEMENT
- 3.
- 3.1. COMMENTS RECEIVED ON THE MEASURES AS A SERVICE OF GENERAL ECONOMIC INTEREST
- 3.2. COMMENTS RECEIVED ON THE EXISTENCE OF AID
- 3.3. COMMENTS RECEIVED ON THE OBJECTIVES OF COMMON INTEREST, THE MARKET FAILURES AND THE NEED FOR STATE INTERVENTION
- 3.4. COMMENTS RECEIVED ON THE APPROPRIATENESS AND THE INCENTIVE EFFECT OF THE MEASURES
- 3.5. COMMENTS RECEIVED ON THE PROPORTIONALITY OF THE MEASURES
- 3.6. COMMENTS RECEIVED ON POTENTIAL DISTORTIONS TO COMPETITION AND TRADE BETWEEN MEMBER STATES
- 3.7. COMMENTS RECEIVED ON THE CREDIT GUARANTEE
- 3.8. OTHER COMMENTS RECEIVED
- 4.
- 4.1. COMMENTS RECEIVED ON THE EXISTENCE OF STATE AID AND SGEI
- 4.2. COMMENTS RECEIVED ON THE OBJECTIVES OF COMMON INTEREST
- 4.3. COMMENTS RECEIVED ON THE MARKET FAILURES AND THE NEED FOR STATE INTERVENTION
- 4.4. COMMENTS RECEIVED ON THE APPROPRIATENESS AND THE INCENTIVE EFFECT OF THE MEASURES
- 4.5. COMMENTS RECEIVED ON THE PROPORTIONALITY OF THE MEASURES
- 4.6. COMMENTS RECEIVED ON THE POTENTIAL FOR DISTORTIONS TO COMPETITION AND TRADE BETWEEN MEMBER STATES
- 5.
- 5.1. COMMENTS RECEIVED ON THE OBJECTIVES OF COMMON INTEREST
- 5.2. COMMENTS RECEIVED ON THE NEED FOR STATE INTERVENTION AND MARKET FAILURES
- 5.3 COMMENTS RECEIVED ON THE APPROPRIATENESS AND THE INCENTIVE EFFECT OF THE MEASURES
- 5.4. COMMENTS RECEIVED ON THE PROPORTIONALITY OF THE MEASURES
- 5.5. COMMENTS RECEIVED ON THE POTENTIAL FOR DISTORTIONS TO COMPETITION AND TRADE BETWEEN MEMBER STATES
- 6.
- 6.1. EXISTENCE OF AID AND SGEI
- 6.2. OBJECTIVES OF COMMON INTEREST
- 6.3. MARKET FAILURES AND NEED FOR STATE INTERVENTION
- 6.4. APPROPRIATE OF THE INSTRUMENT AND INCENTIVE EFFECT
- 6.5 PROPORTIONALITY OF THE MEASURES
- 6.6. DISTORTIONS TO COMPETITION AND TRADE BETWEEN MEMBER STATES
- 6.7. OTHER COMMENTS
- 7.
- 7.1. STATE AID WITHIN THE MEANING OF ARTICLE 107(1) OF THE TREATY
- 7.2. THE OPENING DECISION
- 7.3. THE CONTRACT FOR DIFFERENCE: EXISTENCE OF AN ADVANTAGE
- 7.4. EXISTENCE OF AN SGEI
- 7.5. CONCLUSION OF THE ASSESSMENT UNDER ART 107(1) TFEU BASED ON THE ‘ALTMARK’ CRITERIA
- 7.6. EXISTENCE OF AID WITHIN THE MEANING OF ARTICLE 107(1) OF THE TFEU: COMPENSATION IN CASE OF POLITICAL SHUTDOWN (SECRETARY OF STATE AGREEMENT)
- 7.7. CFD AND SECRETARY OF STATE AGREEMENT: STATE RESOURCES AND IMPUTABILITY TO THE STATE
- 7.8. THE CREDIT GUARANTEE: EXISTENCE OF AN ADVANTAGE FUNDED THROUGH STATE RESOURCES AND IMPUTABLE TO THE STATE
- 7.9. DISTORTION OF COMPETITION AND EFFECT ON TRADE
- 7.10. GENERAL CONCLUSION ON THE EXISTENCE OF AID
- 8.
- 9.
- 9.1. COMPATIBILITY WITH EXISTING MARKET REGULATION
- 9.2. OBJECTIVES OF COMMON INTEREST
- 9.3. MARKET FAILURES AND NEED FOR STATE INTERVENTION
- 9.4. APPROPRIATE INSTRUMENTS AND INCENTIVE EFFECT
- 9.5. PROPORTIONALITY
- 9.5.1.
- 9.5.1.1
- 9.5.1.2
- 9.5.2.
- 9.5.2.1
- 9.5.2.2
- 9.5.3.
- 9.5.3.1
- 9.5.3.2
- 9.5.3.3
- 9.6. POTENTIAL DISTORTIONS TO COMPETITION AND TRADE
- 9.6.1.
- 9.6.2.
- 9.6.3.
- 9.6.4.
- 9.6.5.
- 9.6.6.
- 10.
- Article 1
- Article 2
- ANNEX A
- ANNEX B
- 1.
- 2.
- 3.
- ANNEX C
- TRADING COMMITMENT
- EQUITY GAINSHARE MECHANISM
- 1.
- 2.
- 3.
- 4.
- 5.
- CONSTRUCTION GAINSHARE MECHANISM
- 1.
- 2.
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