State Aid in the Energy Sector
Expert-defined terms from the Specialist Certification in EU Energy Law course at London School of Business and Administration. Free to read, free to share, paired with a professional course.
Acquisition Cost refers to the cost of acquiring a particular asset, such as a p… #
Related terms include asset valuation, purchase price, and transaction costs. In the context of state aid in the energy sector, acquisition cost is an important factor in determining whether a particular transaction constitutes state aid and whether it is compatible with the internal market.
Administrative Barrier refers to any regulatory, procedural, or administrative h… #
Related terms include permitting, licensing, and regulatory frameworks. In the context of state aid in the energy sector, administrative barriers can be a significant obstacle to the development of new energy projects, particularly those that rely on public funding or support.
Agency for the Cooperation of Energy Regulators (ACER) is an independent agency… #
Related terms include energy regulation, regulatory framework, and EU energy policy. In the context of state aid in the energy sector, ACER can provide guidance and support to national regulatory authorities in their assessment of state aid measures and their compatibility with the internal market.
Alternative Energy Source refers to any energy source that is not based on fossi… #
Related terms include renewable energy, sustainable energy, and energy diversification. In the context of state aid in the energy sector, alternative energy sources are often supported through state aid measures, such as subsidies or tax incentives, to encourage their development and deployment.
Anti #
Competitive Practice refers to any business practice that restricts competition or distorts the market, such as price-fixing or predatory pricing, and is prohibited under EU competition law. Related terms include competition law, antitrust law, and market abuse. In the context of state aid in the energy sector, anti-competitive practices can be a concern, particularly when state aid measures are used to support incumbent energy companies or to restrict market access to new entrants.
Asset Valuation refers to the process of determining the economic value of a par… #
Related terms include acquisition cost, purchase price, and transaction costs. In the context of state aid in the energy sector, asset valuation is an important factor in determining whether a particular transaction constitutes state aid and whether it is compatible with the internal market.
Block Exemption is a regulatory exemption that allows certain types of state aid… #
Related terms include state aid regulation, exemption, and notification. In the context of state aid in the energy sector, block exemptions can provide a streamlined process for the approval of state aid measures, particularly those that support the development of renewable energy sources or energy efficiency measures.
Capacity Mechanism refers to a regulatory mechanism that aims to ensure the adeq… #
Related terms include energy market design, capacity market, and resource adequacy. In the context of state aid in the energy sector, capacity mechanisms can be a form of state aid, particularly when they provide subsidies or other forms of support to energy generators.
Carbon Pricing refers to the use of economic instruments, such as carbon taxes o… #
Related terms include climate change, emissions trading, and carbon tax. In the context of state aid in the energy sector, carbon pricing can be a key factor in the evaluation of state aid measures, particularly those that support the development of low-carbon energy sources or energy efficiency measures.
Climate Change refers to the long #
term warming of the planet due to the increasing levels of greenhouse gases in the atmosphere, and is a major challenge for the energy sector. Related terms include global warming, greenhouse gas emissions, and sustainable development. In the context of state aid in the energy sector, climate change is a key consideration, particularly when evaluating state aid measures that support the development of low-carbon energy sources or energy efficiency measures.
Commission Decision refers to a formal decision taken by the European Commission… #
Related terms include EU law, European Commission, and decision-making process. In the context of state aid in the energy sector, Commission decisions can provide guidance and clarity on the application of state aid rules, particularly when it comes to the evaluation of complex state aid measures.
Competition Law refers to the body of law that aims to promote competition and p… #
Related terms include antitrust law, market abuse, and regulatory framework. In the context of state aid in the energy sector, competition law is an important consideration, particularly when state aid measures are used to support incumbent energy companies or to restrict market access to new entrants.
Cross #
Border Trade refers to the trade of energy between different countries, and is a key concept in the integration of energy markets. Related terms include energy trade, international trade, and market integration. In the context of state aid in the energy sector, cross-border trade can be affected by state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy exports.
Decarbonisation refers to the process of reducing the carbon intensity of the en… #
Related terms include carbon reduction, energy transition, and sustainable energy. In the context of state aid in the energy sector, decarbonisation is a key consideration, particularly when evaluating state aid measures that support the development of low-carbon energy sources or energy efficiency measures.
Demand Response refers to the ability of energy consumers to adjust their energy… #
Related terms include energy efficiency, demand management, and smart grids. In the context of state aid in the energy sector, demand response can be supported through state aid measures, particularly those that promote the development of smart grids or energy efficiency measures.
Distribution System Operator (DSO) refers to the entity responsible for the oper… #
Related terms include transmission system operator, grid management, and energy distribution. In the context of state aid in the energy sector, DSOs can be recipients of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Emissions Trading System (ETS) refers to a market #
based mechanism that aims to reduce greenhouse gas emissions by providing a financial incentive for the reduction of emissions, and is a key concept in the mitigation of climate change. Related terms include carbon pricing, emissions reduction, and climate change. In the context of state aid in the energy sector, ETS can be a key factor in the evaluation of state aid measures, particularly those that support the development of low-carbon energy sources or energy efficiency measures.
Energy Community refers to a regional organisation that aims to promote the inte… #
Related terms include energy market integration, regional cooperation, and energy security. In the context of state aid in the energy sector, the Energy Community can provide a framework for the coordination of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy trade.
Energy Efficiency refers to the reduction of energy consumption through the use… #
Related terms include energy conservation, demand management, and sustainable energy. In the context of state aid in the energy sector, energy efficiency can be supported through state aid measures, particularly those that promote the development of energy-efficient technologies or practices.
Energy Market Design refers to the regulatory framework that governs the operati… #
Related terms include energy regulation, market design, and regulatory framework. In the context of state aid in the energy sector, energy market design can be affected by state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy trade.
Energy Regulation refers to the body of rules and regulations that govern the en… #
Related terms include energy law, regulatory framework, and energy policy. In the context of state aid in the energy sector, energy regulation can provide a framework for the evaluation of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Energy Security refers to the reliability and adequacy of energy supply, and is… #
Related terms include energy supply, energy demand, and energy infrastructure. In the context of state aid in the energy sector, energy security can be a key consideration, particularly when evaluating state aid measures that support the development of new energy infrastructure or the promotion of energy trade.
Energy Storage refers to the ability to store energy for later use, and is a key… #
In the context of state aid in the energy sector, energy storage can be supported through state aid measures, particularly those that promote the development of energy storage technologies or the deployment of energy storage systems.
Energy System Integration refers to the coordination of different energy sources… #
Related terms include energy transition, sustainable energy, and energy efficiency. In the context of state aid in the energy sector, energy system integration can be supported through state aid measures, particularly those that promote the development of new energy infrastructure or the deployment of energy-efficient technologies.
Environmental Impact Assessment (EIA) refers to the process of evaluating the po… #
Related terms include environmental protection, sustainability, and environmental law. In the context of state aid in the energy sector, EIA can be a key factor in the evaluation of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Exemption refers to a regulatory exemption that allows certain types of state ai… #
Related terms include state aid regulation, block exemption, and notification. In the context of state aid in the energy sector, exemptions can provide a streamlined process for the approval of state aid measures, particularly those that support the development of renewable energy sources or energy efficiency measures.
Feed #
in Tariff (FIT) refers to a regulatory mechanism that provides a fixed price for the sale of renewable energy to the grid, and is a key concept in the support of renewable energy. Related terms include renewable energy, energy market design, and regulatory framework. In the context of state aid in the energy sector, FITs can be a form of state aid, particularly when they provide subsidies or other forms of support to energy generators.
Fossil Fuel refers to a type of energy source that is based on the combustion of… #
Related terms include energy source, energy mix, and energy policy. In the context of state aid in the energy sector, fossil fuels can be a key consideration, particularly when evaluating state aid measures that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Gas Market refers to the market for the trade of natural gas, and is a key conce… #
Related terms include energy market, gas trade, and market integration. In the context of state aid in the energy sector, the gas market can be affected by state aid measures, particularly those that support the development of new gas infrastructure or the promotion of gas trade.
Grid Management refers to the operation and management of the energy grid, and i… #
Related terms include energy distribution, energy transmission, and energy storage. In the context of state aid in the energy sector, grid management can be supported through state aid measures, particularly those that promote the development of smart grids or energy storage systems.
Independent Power Producer (IPP) refers to a company that generates electricity… #
Related terms include energy generation, energy market, and regulatory framework. In the context of state aid in the energy sector, IPPs can be recipients of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Infrastructure refers to the physical structures and systems that support the en… #
Related terms include energy infrastructure, energy investment, and energy policy. In the context of state aid in the energy sector, infrastructure can be supported through state aid measures, particularly those that promote the development of new energy infrastructure or the modernisation of existing infrastructure.
Internal Market refers to the single market of the European Union, where goods a… #
Related terms include energy market, market integration, and regulatory framework. In the context of state aid in the energy sector, the internal market can be affected by state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy trade.
Investment Aid refers to a type of state aid that supports investment in the ene… #
Related terms include state aid, energy investment, and energy policy. In the context of state aid in the energy sector, investment aid can be a key factor in the evaluation of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Liquidity Mechanism refers to a regulatory mechanism that aims to ensure the liq… #
Related terms include energy market design, market liquidity, and regulatory framework. In the context of state aid in the energy sector, liquidity mechanisms can be supported through state aid measures, particularly those that promote the development of new energy infrastructure or the deployment of energy-efficient technologies.
Market Abuse refers to any behaviour that distorts or manipulates the energy mar… #
Related terms include competition law, antitrust law, and regulatory framework. In the context of state aid in the energy sector, market abuse can be a concern, particularly when state aid measures are used to support incumbent energy companies or to restrict market access to new entrants.
Market Design refers to the regulatory framework that governs the operation of e… #
Related terms include energy regulation, market integration, and regulatory framework. In the context of state aid in the energy sector, market design can be affected by state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy trade.
Notification refers to the process of notifying the European Commission of a sta… #
Related terms include state aid regulation, exemption, and approval. In the context of state aid in the energy sector, notification can be a key factor in the evaluation of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Operational Aid refers to a type of state aid that supports the operation of ene… #
Related terms include state aid, energy company, and energy policy. In the context of state aid in the energy sector, operational aid can be a key factor in the evaluation of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Power Purchase Agreement (PPA) refers to a contract between an energy generator… #
Related terms include renewable energy, energy market, and regulatory framework. In the context of state aid in the energy sector, PPAs can be a form of state aid, particularly when they provide subsidies or other forms of support to energy generators.
Public Service Obligation (PSO) refers to a regulatory mechanism that requires e… #
Related terms include energy regulation, public service, and regulatory framework. In the context of state aid in the energy sector, PSOs can be a key factor in the evaluation of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Regulatory Framework refers to the body of rules and regulations that govern the… #
Related terms include energy regulation, energy policy, and energy law. In the context of state aid in the energy sector, the regulatory framework can provide a framework for the evaluation of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Renewable Energy refers to energy that is generated from renewable sources, such… #
Related terms include sustainable energy, energy diversification, and climate change. In the context of state aid in the energy sector, renewable energy can be supported through state aid measures, particularly those that promote the development of new renewable energy infrastructure or the deployment of renewable energy technologies.
Renewable Energy Directive (RED) refers to a European Union directive that sets… #
Related terms include renewable energy, energy policy, and energy regulation. In the context of state aid in the energy sector, the RED can provide a framework for the evaluation of state aid measures, particularly those that support the development of new renewable energy infrastructure or the promotion of renewable energy technologies.
Research and Development (R&D) refers to the process of developing new energy te… #
Related terms include energy innovation, energy technology, and energy policy. In the context of state aid in the energy sector, R&D can be supported through state aid measures, particularly those that promote the development of new energy technologies or the improvement of existing ones.
Security of Supply refers to the reliability and adequacy of energy supply, and… #
Related terms include energy security, energy supply, and energy demand. In the context of state aid in the energy sector, security of supply can be a key consideration, particularly when evaluating state aid measures that support the development of new energy infrastructure or the promotion of energy trade.
Smart Grid refers to a type of energy grid that uses advanced technologies, such… #
Related terms include energy efficiency, demand management, and energy storage. In the context of state aid in the energy sector, smart grids can be supported through state aid measures, particularly those that promote the development of new energy infrastructure or the deployment of energy-efficient technologies.
State Aid refers to any form of public support that distorts or threatens to dis… #
In the context of the energy sector, state aid can be used to support the development of new energy infrastructure, the promotion of energy efficiency measures, or the deployment of renewable energy technologies.
State Aid Regulation refers to the body of rules and regulations that govern the… #
Related terms include state aid, exemption, and notification. In the context of the energy sector, state aid regulation can provide a framework for the evaluation of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Sustainable Energy refers to energy that is generated from sustainable sources,… #
Related terms include renewable energy, energy diversification, and climate change. In the context of state aid in the energy sector, sustainable energy can be supported through state aid measures, particularly those that promote the development of new sustainable energy infrastructure or the deployment of sustainable energy technologies.
Transmission System Operator (TSO) refers to the entity responsible for the oper… #
Related terms include energy transmission, energy distribution, and grid management. In the context of state aid in the energy sector, TSOs can be recipients of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Unbundling refers to the separation of different energy activities, such as gene… #
Related terms include energy market, energy regulation, and regulatory framework. In the context of state aid in the energy sector, unbundling can be a key factor in the evaluation of state aid measures, particularly those that support the development of new energy infrastructure or the promotion of energy efficiency measures.
Windfall Profit refers to a profit that is made as a result of an unexpected eve… #
Related terms include state aid, energy market, and regulatory framework. In the context of state aid in the energy sector, windfall profits can be a key consideration, particularly when evaluating state aid measures that support the development of new energy infrastructure or the promotion of energy efficiency measures.