Latest news
Italy Expects To Raise $4.2 Billion From Windfall Tax And Power Price Cap
The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity produced by coal, fuel oil, or renewable power generation, officials at the central bank, Bank of Italy, said on Monday.
read more... 07/12/2022
Global renewables capacity set to double over next five years
Global renewable power capacity is set to double over the next five years, driven by energy security concerns in the wake of Russia's invasion of Ukraine, the International Energy Agency (IEA) said on Tuesday.
read more... 06/12/2022
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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
EU interventions hampering green investment
EU interventions aimed at mitigating soaring wholesale gas and power prices were denting investment appetite into renewables, even as high prices should be incentivising such opportunities, analysts at the ratings agency Moody’s said on Wednesday.
read more... 17/11/2022