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Commission Decision (EU) 2020/348 of 24 October 2019 on the aid scheme SA.35980 – 2019/C United Kingdom – Electricity Market Reform: Capacity Mechanism (notified under document C(2019) 7610) (Text with EEA relevance)

CELEX
32020D0348
Document type
DEC
Sector
Legislation
Date of document
2019-10-24
In force since
2020-03-06
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1

The aid scheme in the form of the Capacity Market implemented by the United Kingdom pursuant to the Energy Act 2013 (‘the aid scheme’) is compatible with the internal market on the basis of Article 107(3)(c) of the Treaty. The Commission authorises the aid scheme for a maximum period of 10 years from 16 December 2014.

Article 1

The proposed alterations to the aid scheme declared compatible by Decision C(2014) 5083, which were notified to the Commission on 12 September 2019 and are described in the Annex to this Decision are compatible with the internal market on the basis of Article 107(3)(c) of the Treaty, from the date of notification of this Decision until 15 December 2024.’

Article 3

This Decision is addressed to the United Kingdom of Great Britain and Northern Ireland.

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