Cross-border cost allocation Sample Clauses

Cross-border cost allocation. The project promoters have proposed a CBCA compensation from Finland to Estonia amounting to 5,7 MEUR. After reviewing and assessing the investment requests, the concerned NRAs find that justifications behind the CBCA proposal are reasonable. The concerned NRAs do not consider it justified to allocate costs to Latvia due to very small share of Latvian benefit in total benefit. COMPETITION AUTHORITY (ESTONIA) AND ENERGY AUTHORITY (FINLAND) HAVE AGREED TO ADOPT THE FOLLOWING IN THEIR NATIONAL DECISIONS: Article 1 Lump-sum payment of 5,7 MEUR shall be provided by the Baltic Connector Oy, to the Estonian TSO, Elering AS, to the extent not covered by EU funding.
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Cross-border cost allocation. As accordance to the geographical breakdown the investments costs arising from the Swedish side are 000 XXXX and costs from the Finnish side are 78 MEUR. However, as presented in the CBA, most of the market benefits are seen in Finland. Based on the benefits results the project promoters have proposed that Finnish TSO will cover 80% of the investment costs accruing from the Swedish side and all the costs accruing from the Finnish side. As according to the most recent investment cost estimate presented by the project promoters, 80% of the investment costs from the Swedish side would correspond roughly to 124 MEUR. Therefore, the remaining 20% of the investment costs from the Swedish side would be covered by the Swedish TSO, corresponding to 31 MEUR.
Cross-border cost allocation. The Project promoters have jointly proposed CBCA where the Finnish TSO will cover 80% of the investment costs that occur in Sweden and 100% of costs occurring in Finland, thus the Swedish TSO will cover the remaining 20% of the costs in Sweden. Therefore, Finnish TSOs share of the total costs from the project cluster is roughly 87%. 2020-03-12 After reviewing and assessing the investment request, the concerned NRAs find that justifications behind the CBCA proposal are reasonable. Even though the project is geographically divided rather evenly between countries and majority of the investment costs are occurring from the Swedish side, still most of the benefits are seen in Finland and it is justified that Finnish TSO will also bear most of the investment costs. The concerned NRAs also acknowledge the system benefits and environmental benefits relating to the project which are benefitting both countries but could not be monetised with sufficient certainty. The concerned NRAs support the project promoters proposal on the CBCA. Address: X.X. Xxx 0000, XX-000 00 Xxxxxxxxxx, Xxxxxx Phone: +00 00 000 0000 E-mail: xxxxxxxxxxx@xxx.xx Sweden Svenska kraftnät Address: X.X. Xxx 000, XX-00000 Xxxxxxxx, Xxxxxxx Phone: +000 00 000 0000 E-mail: xxxxxxxx@xxxxxxx.xx Finland Fingrid Oyj Contact details Country Promoter 2019-102729-0005 This cross-border cost allocation agreement is addressed to the following project promoters:

Related to Cross-border cost allocation

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