Commission Decision (EU) 2015/1877 of 20 April 2015 on tariffs charged by S.C. Hi... (32015D1877)
Commission Decision (EU) 2015/1877 of 20 April 2015 on tariffs charged by S.C. Hidroelectrica SA of Romania to S.C. Termoelectrica SA and S.C. Electrocentrale Deva SA — SA.33475 (12/C) (notified under document number C(2015) 2648) (Text with EEA relevance)
- COMMISSION DECISION (EU) 2015/1877
- of 20 April 2015
- on tariffs charged by S.C. Hidroelectrica SA of Romania to S.C. Termoelectrica SA and S.C. Electrocentrale Deva SA — SA.33475 (12/C)
- (notified under document number C(2015) 2648)
- (Only the English text is authentic)
- (Text with EEA relevance)
- 1.
- PROCEDURE
- 2.
- DESCRIPTION OF THE AID MEASURES
- 2.1.
- The contracting parties
- 2.1.1.
- Hidroelectrica
- 2.1.2.
- The beneficiaries
- 2.2.
- Other market information
- 2.3.
- The contracts
- 2.4.
- The Romanian electricity market
- 2.4.1.
- The Regulated Electricity Market
- 2.4.2.
- The Competitive Electricity Market
- 2.4.3.
- OPCOM-PCCB
- 2.4.4.
- The market for directly negotiated contracts
- 2.4.5.
- Short description of the directly negotiated contracts contemporaneous with the Contracts
- 2.4.6.
- Hidroelectrica contracts for sale of electricity
- 2.5.
- Developments after 2011 and interlinks between Termoelectrica, Electrocentrale Deva, Electrocentrale Paroseni and CEH
- 3.
- GROUNDS FOR INITIATING THE FORMAL INVESTIGATION PROCEDURE
- 4.
- COMMENTS FROM ROMANIA
- 5.
- COMMENTS FROM THIRD PARTIES
- 6.
- ASSESSMENT
- 6.1.
- Existence of State aid
- 6.1.1.
- Assessment of the economic advantage
- 6.1.2.
- State resources and imputability
- 6.1.3.
- Selectivity
- 6.1.4.
- Distortion of competition and effect on trade
- 6.1.5.
- Conclusion on the existence of State aid
- 6.2.
- Compatibility of the aid
- 6.3.
- Recovery
- 6.3.1.
- Termoelectrica — economic continuity with CEH
- 6.3.2.
- Electrocentrale Deva — economic continuity with CEH
- 6.3.3.
- Conclusion on the recovery
- 7.
- CONCLUSION
- Article 1
- Article 2
- Article 3
- Article 4
- Article 5
- ANNEX
- ASSESSMENT OF THE ECONOMIC ADVANTAGE — ECONOMETRIC ANALYSIS
- Rationale and description of the econometric analysis
- Results of the econometric analysis
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