O slideshow foi denunciado.
Utilizamos seu perfil e dados de atividades no LinkedIn para personalizar e exibir anúncios mais relevantes. Altere suas preferências de anúncios quando desejar.

State aid in the Energy Sector: State aid Guidelines

422 visualizações

Publicada em

Francesco Maria Salerno (Cleary Gottlieb LLP) presents on the new approaches to State aid in the energy sector, considering the State aid Guidelines

Publicada em: Direito
  • Seja o primeiro a comentar

  • Seja a primeira pessoa a gostar disto

State aid in the Energy Sector: State aid Guidelines

  1. 1. © 2014 Cleary Gottlieb Steen & Hamilton LLP. All rights reserved. Throughout this presentation, “Cleary Gottlieb” and the “firm” refer to Cleary Gottlieb Steen & Hamilton LLP and its affiliated entities in certain jurisdictions, and the term “offices” includes offices of those affiliated entities. Francesco Maria Salerno State aid and energy – a new approach? Some remarks on the new State aid Guidelines
  2. 2.  Existing guidelines ill-equipped to deal with new challenges: increased RES penetration, in turn triggering generation adequacy concerns; costs of energy policies for energy- intensive users  Consultation ended in February. Adoption expected by year end.  Main features: New rules for RES generation; New aid measures: reductions in funding support for RES electricity /Infrastructure /Generation adequacy Why do we need new State aid energy guidelines ? 2 RES support levels by country and technology (2011) - CEER
  3. 3. A closer look at three novelties
  4. 4.  Several provisions on aid for RES and generation adequacy aim at preserving the internal market 1- State aid as a tool to foster market integration 4
  5. 5. 2013 Communication Delivering the internal electricity market and making the most of public intervention  State intervention is pervasive and mostly through State aid  Several provisions attempt to shape that intervention 2. State aid as a regulatory tool 5
  6. 6.  The rule in the Guidelines provides for a suitable transition period (provided there is ‘confirmation’)  BUT beware of overcompensation 3. State aid: past, present and future 6
  7. 7. A few lessons to take home…that is, from Vienna to Brussels 7
  8. 8. www.clearygottlieb.com NEW YORK WASHINGTON PARIS BRUSSELS LONDON MOSCOW FRANKFURT COLOGNE ROME MILAN HONG KONG BEIJING BUENOS AIRES SÃO PAULO ABU DHABI SEOUL

×