Latest news
Italy applies 50% windfall tax on energy companies' extra income
Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the government's 2023 budget seen by Reuters showed.
read more... 28/11/2022
New Italian government's budget to boost spending to fight energy crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the impact of high energy prices while postponing some of its most lavish election promises.
read more... 22/11/2022
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France to expand electricity interconnections with Ireland, Italy
Irish and French energy regulators confirmed that the Celtic Interconnector will be completed by 2027, despite a substantial re-evaluation of the project’s costs. The French grid operator also confirmed the partial launch of the Savoy-Piedmont electricity interconnection.
read more... 15/11/2022
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Snam to invest 3.7 bln euros in Italy's gas network
Italy's gas grid operator Snam will invest 3.7 billion euros ($3.76 billion) in the national gas network to improve transport facilities from the south to the north of the country and boost supply from Africa, it said on Thursday.
read more... 11/11/2022
Italy commissioner approves contested gas terminal
A state-appointed commissioner gave the green light Tuesday to a contested new liquefied natural gas (LNG) terminal considered crucial to Italy's plan to wean itself off Russian gas.
read more... 27/10/2022