EnergyWatch

Ørsted supports windfall tax

While voicing support for the proposed EU levy, the Danish utility claims that 90% of its earnings stem from fixed price deals at prices below going rates.

Photo: PR/Ørsted

Ørsted says it’s in full agreement with the EU Commission’s proposal that companies making excessive profits off high energy prices must use a portion to reimburse rate payers.

”Considering the extraordinary circumstances, this seems fair and should be implemented as part of the short-term response to the energy crisis,” Ørsted writes in a press statement.

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