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25/11/2022at 13:48

French windfall tax seen costing EDF billions next year

Already struggling with low earnings from nuclear power generation, the French utility will be hit hard by a new windfall tax.
Photo: SAMEER AL-DOUMY/AFP / AFP
BY MARIA OIEN, TRANSLATED BY CHRISTOFFER ØSTERGAARD

A new French tax on windfall profits will likely cost French utility Électricité de France close to EUR 5bn next year, reports Reuters.

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Cleantech

Equinor pulls out of hydrogen and CCS project

The Norwegian oil company and partner Vår Energi have decided to withdraw from the Barents Blue project, which Horisont Energi aims to continue with new partner.
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Further reading

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Ørsted suffers Q4 loss while booking strong full-year profit

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Cleantech

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For subscribers

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Policy & Trading

Belgium postpones nuclear power phaseout, echoing other EU nations

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Latest news

  • Ørsted CEO pleased with the 2022 result, but not the earnings mix – 1 Feb
  • Equinor pulls out of hydrogen and CCS project – 1 Feb
  • Orders halved in Europe's wind industry in 2022 – 1 Feb
  • 11 wind developers back common methodology for calculating carbon footprint – 1 Feb
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  • Aker Carbon Capture inks PtX deal in Finland – 1 Feb
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  • Strategic Business Developer for CO2 and Hydrogen Infrastructure

  • Do you have an inner Electrician or Utility Operator in your belly?

  • Responsible for MR stations

  • Senior Project Manager On Grid Development And Grid Connection

  • Planner - Denmark

  • Structured project manager for the integration of renewable energy in the green conversion

  • Senior Project Manager

  • Project Manager - Denmark

  • Be part of creating energy on time - as a Senior Process Consultant at Energinet

  • Financing Associate

  • Economist or political scientist with a flair for coordination and secretarial support

  • Customer Advisors for Utility Products

  • Construction Project Manager for onshore wind turbines and solar farms

  • Sustainability Lead on energy island Bornholm and energy island North Sea

  • Project Manager - AURA Installation

  • Innovative Engineer to secure critical infrastructure

  • Technical Business Development Manager

  • Director - Project Management (DK)

  • Head of Office for Advice on Fundamental Functions

  • Economist for transfer pricing

  • Area Manager for Energy Supply Strategy in the Capital

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  • Asset Manager (Denmark) - help drive tomorrow's energy projects

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