2009/476/EC: Commission Decision of 28 January 2009 on aid implemented by Luxembourg in the form of the creation of a compensation fund for the organisation of the electricity market (C 43/02 (ex NN 75/01)) (notified under document number C(2009) 230) (Text with EEA relevance)

• Articles: 3

Article 1

The creation and administration, between 1 January 2001 and 31 December 2008, by Luxembourg of a compensation fund for the organisation of the electricity market constituted State aid under Article 87(1) of the Treaty for green electricity producers in Luxembourg and for large electricity-consuming enterprises.

The aid was compatible with the common market under Article 87(3)(c) of the Treaty.

Article 2

This Decision shall be valid subject to amendment of the compensation mechanism, such as Luxembourg has undertaken to provide in its legislation.

Article 3

This Decision is addressed to the Grand Duchy of Luxembourg.