Region: OMV launches major...

After being cut off from Russian gas supplies since November 16, Austrian energy...

Region: Bulgaria and Italy...

Bulgaria's Energy Minister Vladimir Malinov and Italy's Energy Minister Gilberto Fratin signed a...

Romania hits record electricity...

On December 4, Romania reached a new record for electricity imports, surpassing 3,000...

Romania: Depogaz awards €50...

Depogaz, a subsidiary of the Romgaz group and Romania's largest operator of underground...
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Roman: Constitutional Court to rule on RES producers’ complaint on windfall tax

The Constitutional Court has scheduled for March a first hearing in two cases referred by the producers of renewable electricity that argue against the...

Romania: Energy prices to remain capped by March 2025

Romania will maintain the price capping system, under which the electricity and natural gas suppliers are compensated for the prices paid in the market...

Greece: Windfall tax for electricity suppliers to rise up to 275 million euros

The Greek government plans to introduce a windfall profit tax on electricity suppliers for earnings between August, 2022 and June, 2023, which is expected...

Hungary: Windfall tax rates for energy companies will be reduced in 2024

The extra profit tax rate for energy companies in Hungary amounts to 2.8% and will remain the same in 2023. From 2024, this figure will...

Romania: Hidroelectrica objects to windfall tax calculations

Hidroelectrica, the largest electricity producer in Romani, will challenge the calculations of windfall tax in court.  National Agency for Fiscal Administration calculated windfall tax...

Greece, Electricity producers owe the state some 367 million euros in windfall taxes

Greek Minister of Finance Christos Staikouras said that electricity producers owe the state some 367 million euros in windfall taxes which the Government introduced...
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