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        Energy

         Industry warily welcomes Iberian natural gas agreement
        0
        By Christopher Graeme
        In Energy, News
        Posted 29 Abril, 2022

        Industry warily welcomes Iberian natural gas agreement

        Portuguese industrial chiefs are suspicious that an agreement to offset the rising price of natural gas with caps will keep their energy costs down. Although the agreement to limit inflation in [...]

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         Galp CEO worried about gas supplies
        0
        By Christopher Graeme
        In Energy, News
        Posted 22 Abril, 2022

        Galp CEO worried about gas supplies

        The CEO of Portuguese energy company Galp, Andy Brown, is concerned about the supply of gas to Portugal and Europe. At a press conference called on Wednesday to share his view on the energy [...]

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         Galp’s domestic customers faced higher gas prices from 15 April.
        0
        By Christopher Graeme
        In Companies, Energy, Inflation, News
        Posted 18 Abril, 2022

        Galp’s domestic customers faced higher gas prices from 15 April.

        The Portuguese energy company will join the electricity company EDP which will also increase its domestic charges from 1 May. From Friday, Galp applied higher monthly charges of up to €3 on [...]

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         Government considers windfall tax
        0
        By Christopher Graeme
        In Energy, Inflation, News
        Posted 13 Abril, 2022

        Government considers windfall tax

        Portugal’s newly appointed Minister of the Economy and Sea has not ruled out charging an additional windfall tax on energy companies. António Costa Silva said last week that the government might [...]

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         Emergency measures to curb inflation effects
        0
        By Christopher Graeme
        In Energy, News
        Posted 11 Abril, 2022

        Emergency measures to curb inflation effects

        An extraordinary meeting of the Council of Ministers has approved a packet of emergency measures aimed at containing energy and foodstuff price inflation which has arisen as a result of the war [...]

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         GreenVolt launches shared energy company
        0
        By Christopher Graeme
        In Energy, News, Renewables
        Posted 6 Abril, 2022

        GreenVolt launches shared energy company

        The renewables energy company GreenVolt announced the launch of Energy Unida on Tuesday. It is a community of shared energy companies whose goal is to “create and manage communities in which [...]

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         Regulator: Gas prices up 8%
        0
        By Christopher Graeme
        In Energy, News, Regulators and Supervisors
        Posted 1 Abril, 2022

        Regulator: Gas prices up 8%

        The Portuguese energy regulator ERSE (Energy Services Regulating Entity) presented provisional natural gas charges and tariffs for the regulated market for the period 1 October 2022 and 30 [...]

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         GreenVolt posts €11.9M for 2021
        0
        By Christopher Graeme
        In Energy, News, Renewables
        Posted 16 Março, 2022

        GreenVolt posts €11.9M for 2021

        The renewables energy company GreenVolt has posted profits of €11.9 million for 2021. The company headed by João Manso Neto said that the biomass segment which includes power stations in Portugal [...]

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         Gas and electric bills to rise 3%
        0
        By Christopher Graeme
        In Energy, Inflation, News, Oil and Gas
        Posted 16 Março, 2022

        Gas and electric bills to rise 3%

        Prices of electricity and gas will increase by 3% in April. The announcement was made by the energy regulator ERSE on Tuesday and will affect families that are in the regulated market. The [...]

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         Government makes token gesture on fuel tax in bid to limit impact of inflation
        0
        By Christopher Graeme
        In Energy, News, Oil and Gas
        Posted 9 Março, 2022

        Government makes token gesture on fuel tax in bid to limit impact of inflation

        Given the unprecedented increase in fuel prices, the Portuguese Government has decided to reduce the fuel tax ISP (Tax on Petroleum Products) on a weekly basis, but only in line with increases in [...]

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