Energy
Dictionary

 


taking

When government edict or legislative action produces an uncompensated loss of property or assets to a private individual or concern, this is referred to as taking. Most commonly used in the energy industry to refer to value losses incurred by private landowners as a consequence of annexation or forced use of private property for construction of energy infrastructure such as transmission corridors. It can also refer to losses incurred by utility companies from stranded costs, stranded assets or enforced divestiture of assets following deregulation.

See also:

deregulation, divestiture, stranded costs