The ECHR has declared inadmissible the application in the case of Energyworks Cartagena S.L. v. Spain.

The case concerned the changes to the regulations of the electricity sector and, particularly, to the subsidy regime for investment, which had affected the applicant company, an energy producer.

The Court found that there had been no retroactive deprivation of the subsidies. The changes to the system had affected future income only, and the subsidies could not be qualified as “possessions” that the applicant company had been deprived of.

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