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France's first commercial-scale offshore wind farm starts full operations
France's first commercial-scale offshore wind farm started full operations on Wednesday, adding 480 megawatts of capacity to the grid at a time when Europe is scrambling to secure energy supplies following Russia's invasion of Ukraine.
read more... 24/11/2022
Germany plans 33% windfall tax on gas, coal and oil firms
The German government plans to introduce a special levy to skim off 33% of windfall profits made by oil, coal and gas companies, which could generate revenue of between one and three billion euros, finance ministry sources told Reuters.
read more... 24/11/2022
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“Disgraceful” wind power tax to lift Norway prices
Investment firm Prime Capital has slammed Norway’s plans to introduce a retroactive ground rent tax for wind power which it says will deter investment in renewables and lead to higher electricity prices.
read more... 24/11/2022
Solar, wind industry worried about ‘daft’ EU permitting rules
New emergency permitting rules tabled by the European Commission just over a week ago would concern only “new” renewable energy projects and fail to address the hundreds of gigawatts currently stuck in the administrative pipeline, industry sources say.
read more... 18/11/2022
UK increases, extends upstream oil and gas windfall tax
The UK is to increase its temporary windfall tax on oil and gas producers by 10 percentage points, the country's finance ministry confirmed today.
read more... 18/11/2022