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        Energy

        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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        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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        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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        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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        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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        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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        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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        0
        By Christopher Graeme
        In Energy, News, Oil and Gas
        Posted 7 Março, 2022

        Diesel up 14 cents

        The price of a litre of diesel will be 14 cents higher from today, while petrol will cost an additional 8 cents. It means a litre of 95 will cost €1.912 per litre and diesel €1.81 per litre, the [...]

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        0
        By Christopher Graeme
        In Associations, Energy, News
        Posted 4 Março, 2022

        Apetro calls for ‘exceptional measures’

        As oil prices skyrocketed to US$120 a barrel and gas shot up by 21% to €199/MWh this week, the general-secretary of the Portuguese Association of Oil Companies (Apetro) says that “exceptional [...]

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        0
        By Christopher Graeme
        In Energy, News
        Posted 4 Março, 2022

        Galp cancels Russian fuel orders

        The Portuguese energy company Galp has suspended the purchase of fresh orders of petroleum products from Russia which is the largest supplier of gas oil in the world. The decision will have an [...]

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