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annual report 2011 - Konkurentsiamet

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and obligations. The money allegedly collected from consumers for the purpose of future<br />

investments does not give any guarantees to the consumer that it will not be divested as sweat<br />

equity, invested carelessly or used to pay off other costs, claims or encumbrances. As there is no<br />

legislative regulation for the state to bind water supply operators to store the money for the<br />

purpose of the investments to be made in the future, consumers must not make obligatory noninterest-bearing<br />

investments in a water supply operator’s undertaking. When there is a need for<br />

investments, a water supply operator can apply to the Competition Authority for the approval of<br />

the price incorporating the necessary investments. In the course of processing the application for<br />

the price approval, the Competition Authority will thoroughly assess the undertaking’s<br />

sustainability and investment ability as well as its ability to pay back its loans.<br />

Water supply operators must also take into consideration the efficiency of the investments they<br />

make. Experience has demonstrated that water supply operators tend to forecast a significant<br />

degradation of the performance of a water treatment plant after the extensive investment of the<br />

Cohesion Fund support in a water treatment plant and in the extensive chemical agents<br />

consumption it implies, which increases the pollution amounts and, consequently, the amount of<br />

environmental charges.<br />

Activation of the Agency for the Cooperation of Energy<br />

Regulators<br />

The Agency for the Cooperation of Energy Regulators (ACER), with its headquarters<br />

located in Ljubljana, became operational on 3 March, <strong>2011</strong>. The ACER cooperates with national<br />

regulatory authorities, European Union (EU) institutions, and market participants, especially the<br />

ENTSO-E and ENTSO-G, the associations of European network of transmission system<br />

operators. One of ACER’s objectives lies in making a contribution to the functioning of crossborder<br />

energy trading and to eliminating the obstacles that might emerge in the process as well as<br />

in helping national regulatory authorities fulfil their regulation tasks on the EU level and<br />

coordinate the activities of such authorities if necessary. To fulfil the above objectives, the ACER<br />

provides opinions and recommendations to the network of transmission system operators,<br />

national regulatory authorities and EU institutions, and makes particular decisions and prepares<br />

framework guidelines.<br />

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