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Danish government proposes temporary ceiling on energy bills
Denmark's government on Wednesday proposed a temporary ceiling for consumers' gas, electricity and district heating costs this winter to counter soaring energy prices.
read more... 16/09/2022
Portugal rules out energy windfall tax, cites other mechanisms aiding customers
Portugal is already transferring hundreds of millions of euros of excess profits made by electricity and gas companies from spiralling energy prices to consumers and sees no immediate need for a windfall tax, its finance minister said on Wednesday.
read more... 16/09/2022
EU proposes windfall levies on energy firms to ease price pain
The European Union's executive plans to raise more than 140 billion euros ($140 billion) to shield consumers from soaring energy prices by skimming off revenues from low-cost electricity generators and making fossil fuel firms share windfall profits.
read more... 15/09/2022
Portugal ranked 4th for renewable energy in Europe
According to the most recent figures of the Portuguese Association for Renewable Energies (Apren), in the month of August, Portugal produced 46.8% of its electricity from renewable power sources, earning for itself a fifth place in Europe and forth, if the cumulative energy stock for 2022 is counted. Portugal, in 2022, was able to produce 54.6% of its energy from renewables. This result is lower than Norway, Austria and Denmark which reach respectively 99%, 80% and 77%.
read more... 14/09/2022
EU to propose crisis measures to curb energy price spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc, in a package designed to shield citizens and businesses from surging energy prices.
read more... 14/09/2022