Azerbaijan and EU strengthen...

Azerbaijan and the European Union have expressed their readiness to strengthen cooperation in...

Ukraine receives second U.S....

Ukraine has received its second shipment of liquefied natural gas from the United...

Romania: EIB invests 30...

The European Investment Bank (EIB) is allocating up to 30 million euros to...

Montenegro: EPCG announces tender...

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of...
Supported byClarion Energy banner
HomeSEE Energy NewsGreece, Electricity producers...

Greece, Electricity producers pay extraordinary taxes of 370 million euros

Greek electricity producers owe the state about 367 million euros in extraordinary taxes introduced by the government in Athens as part of a support package to mitigate the effect of rising energy prices, Finance Minister Christos Staikouras said.

He added that this amount is based on the increase in the gross profit margin of electricity producers in the period from October 2021 to June 2022 and that the deadline for payment is December 30 of this year. However, this is not the final amount, and after the final calculations, it is expected to exceed 370 million euros.

The minister said that from July to the end of November 2022, electricity producers on the stock market generated additional income of 2.57 billion euros, of which about 980 million euros refer to the profits of producers based on natural gas, lignite and hydropower, and 1, 59 billion euros represents the extra profit of producers of renewable energy sources.

Based on the above, excluding OIE, electricity generation companies in Greece maintained a total profit of 1.35 billion euros.

Source: energypress.eu

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Azerbaijan and EU strengthen energy cooperation through gas and renewables expansion

Azerbaijan and the European Union have expressed their readiness to strengthen cooperation in the supply of natural gas and renewable energy, according to a statement from Azerbaijan’s Ministry of Energy. The first meeting of the working group established between Slovakia...

Ukraine receives second U.S. LNG shipment amid efforts to reduce Russian energy dependence

Ukraine has received its second shipment of liquefied natural gas from the United States, reinforcing its commitment to reducing reliance on Russian fossil fuels. According to the Financial Times, the shipment was procured by DTEK, Ukraine’s largest private energy...

Romania: EIB invests 30 million euros in Pestera II wind farm to boost renewable energy and energy security

The European Investment Bank (EIB) is allocating up to 30 million euros to support a major wind energy project in Romania, reinforcing the country’s transition to renewable energy and bolstering its energy independence. This investment will help develop a...
Supported bySEE Mining News
error: Content is protected !!