Latest news
Bulgaria enforces 5% revenue tax on electricity producers, importers
Bulgaria will enforce a 5 percent tax on profits for power producers and importers since it aims to reduce a deficit at its state-owned utility, as decided by its parliament on Wednesday.
read more... 23/07/2015
Chinese State Grid mulls Mediterranean power network
The European Commission’s dream to continental power grids which could be able to function in unison could soon become true, as State Grid Corporation of China, the world's largest utility by revenues, has acquired minority stakes in Portuguese and Italian grid operators and is equally envisaging buying stakes in Greece and Spain.
read more... 11/08/2014
Bulgaria: Constitutional Court repealed a 20% tax on solar, wind farms
Bulgaria’s Constitutional Court last week revoked a 20% fee that the government had imposed on the revenues of solar PV and wind energy producers in January.
read more... 08/08/2014
EU utilities to be negatively affected by low energy prices until 2020
Low wholesale power prices will make Europe's utilities suffer, corroding their revenues until the end of the decade since increasing renewable production and low demand integrate, according to the rating agency Moody on Wednesday.
read more... 03/07/2014
Daily: German power contract continues its downward trend
Brent crude increased by $1 on Thursday, rebounding from a five month low on hopes that eight-month deadlock that depleted oil exports and revenue in Libya would come to the end.
read more... 04/04/2014