ARTICLE
21 November 2022

The Decision Memorandum On Further Elaboration Of The Energy Intensity For The TEK-Scheme Has Been Published

N
Nazali

Contributor

“Nazali is a law firm founded by Ersin Nazali, providing a wide range of legal services (consultancy and litigation in all areas of law) to its national and international clients, through its trustworthy and experienced legal team. There are thirteen partners, forty lawyers, four sworn financial advisors and ten certified public accountants working for Nazali. Our philosophy is quality in delivery, timely response and business minded approach.“
In a letter to parliament dated 9 November 2022, Minister Adriaansens informs the House of Representatives about the further elaboration of the energy intensity for the Energy Cost Contribution (TEK scheme).
Turkey Energy and Natural Resources

In a letter to parliament dated 9 November 2022, Minister Adriaansens informs the House of Representatives about the further elaboration of the energy intensity for the Energy Cost Contribution (TEK scheme). Due to the further elaboration, the energy intensity for the TEK regulation will be adjusted.

This concerns the following adjustments:

  • SMEs whose energy costs correspond to at least 7% of the turnover, receive a compensation of up to €160,000 via the TEK for a consumption of more than 5,000 m³ or 50,000 kWh.
  • These energy-intensive SMEs receive a compensation of 50% of the increase in energy costs above a set so-called threshold price.
  • The temporary EU state aid framework for agricultural businesses, such as market gardeners or horticultural companies, was increased by the European Commission on 28 October 2022, a maximum compensation of €160,000 in stead of €62,000 will now apply to this sector.
  • The estimated costs for the TEK amount to € 1.65 billion.

References:

https://www.rijksoverheid.nl/documenten/kamerstukken/2022/11/09/nadere-uitwerking-leidt-tot-aanpassing-energie-intensiteit-tek-regeling

https://www.rijksoverheid.nl/documenten/beleidsnotas/2022/11/09/beslisnota-nadere-uitwerking-leidt-tot-aanpassing-energie-intensiteit-tek-regeling

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More