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Czech government caps power firm revenues in $4 bln windfall plan
The Czech government approved plans for caps on the revenues of power firms on Wednesday, as part of plans to fund measures to ease the burden of soaring prices on households and companies.
read more... 10/11/2022
Greece to tax power firms on windfall profits from higher gas prices
Greece will impose supplementary tax bills on energy firms, its energy minister said on Thursday, after a regulator identified windfall profits stemming from elevated energy prices.
read more... 04/11/2022
Swedish grid operator proposes $5 bln power price subsidy
Sweden's national power grid operator proposed on Thursday that the government spend 55 billion Swedish crowns ($5.05 billion) this year on subsidies to households and businesses hit by unusually high energy costs.
read more... 28/10/2022
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Poland’s power grid needs €25 billion upgrade for renewables
Poland’s electricity network requires a major investment of at least €25 billion to enable the transition away from coal towards renewables and nuclear energy, according to a recent report on Poland’s energy transition.
read more... 28/10/2022
Brussels cautions against EU-wide gas price cap for electricity
European Union countries’ energy ministers meet on Tuesday (25 October) to discuss options to cap EU gas prices, with countries still split over whether and how to do this after discussing it for weeks.
read more... 26/10/2022