Brussels plans to raise more than 140 billion euros to face the energy crisis

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One of these measures is to limit the revenues of electricity companies that generate electricity from renewable energy sources and another by imposing a tax on energy companies that use fossil fuels.

Euskaraz irakurri: Krisi energetikoari aurre egiteko 140,000 milioi euros baino gehiago biltzea aurreikusi du Bruselak

The President of the European Commission, Ursula von der Leyenproposed today limit the revenues of European electricity companies and taxes the extraordinary profits of the oil companies to more than €140 billion.

“Our proposal will provide Member States with more than EUR 140 billion to absorb the blow directly,” von der Leyen said in his State of the Union address to the European Parliament, where he presented a legislative proposal with energy measures to cope with the high energy prices on the Community market.

The Commission intends to limit the money that electricity can receive from renewables, nuclear and lignite, and to “solidarity contribution” to oil, gas and coal companies who have benefited from exorbitant energy prices.

In addition, the Commission wants Member States to save 10% on electricity, and at least 5% on peak demand hours, all of which will be concluded at an extraordinary meeting on September 30th with the energy ministers of the EU countries.

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Source: EITB

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