One without realistic purchase alternatives. In the energy sector, such a customer buys from the local utility even when it has the legal right to buy from its competitors. In the Israeli LPG sector the MNI wants to ease the ability of customers to move between one supplier and another
To treat certain expenditures as capital expenditures for income tax purposes
Property, plant and equipment used in the production, processing and distribution of energy resources.
Economic activities requiring a high proportion of capital in relation to labor and other variable outputs. The energy sector is capital intensive since both the upstream side and downstream side require huge investments and a relatively small workforce
An expenditure intended to benefit the future activities of a business, usually by adding to the assets of a business, or by improving an existing asset.
For income tax purposes, the costs of capital expenditures which may be recovered by deduction against income (through depreciation and depletion). Spending on equipment including buildings and machinery. In the energy economy this terms refers to the cost of field development and plant construction and the equipment required for industry operations
