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
The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden of soaring prices on households and businesses.
read more... 21/11/2022
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
The Czech industry ministry has proposed a cap on power producers' revenue ranging from 70 to 230 euros per megawatt hour, depending on the source, according to a legislative document published by the government.
read more... 08/11/2022
France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this year's revenue windfalls prompted by tensions on the electricity market.
read more... 29/09/2022