HomeTagsWindfall tax

windfall tax

Supported byClarion Owners Engineers
Supported byClarion Owners Engineers
Supported byspot_img

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...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...