Latest news
Orsted says huge UK Hornsea 3 wind project at risk without government action
Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared.
read more... 06/03/2023
Spain collects millions in ‘solidarity taxes’ imposed on banks, energy firms
Large energy companies and financial institutions in Spain have paid €1.45 billion in a first instalment of two extraordinary taxes imposed by the government on both sectors, Finance Minister María Jesús Montero explained on Tuesday.
read more... 22/02/2023
Spanish power companies to denounce ‘discriminatory’ windfall tax
The multi-billion-euro windfall tax for energy firms to offset the toll of inflation on vulnerable consumers approved last year by Madrid will be denounced by the association of large Spanish power companies (Aelec) before the European Commission.
read more... 21/02/2023
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Norway may tax power exports to keep domestic prices down
Norway's government said on Wednesday it would consider taxing electricity exports and impose other changes to its energy market to preserve more power for domestic use and keep a lid on prices.
read more... 16/02/2023
EU gives guarded welcome to U.S. guidance on EV tax credits
The European Commission gave a guarded welcome to guidance by the United States meaning that EU companies could partially benefit from the U.S. Inflation Reduction Act, but said further improvements were required.
read more... 02/01/2023