Portugal’s electricity regulator ERSE has fine the Spanish multinational electric utility company Endesa, which has a considerable presence in Portugal, €180,000 for 92 infractions. The ERSE had [...]
Portuguese energy giant Galp is to slash electricity bills for its customers by around 11% from the start of 2023 while keeping natural gas bills unchanged for the first quarter of 2023. [...]
The Portuguese government could net up to €100 million from its windfall tax on local energy and food retail companies which have seen profits soar as an indirect result of the war in Ukraine and [...]
Portugal’s minister of Finances estimates that the windfall tax on energy and food distribution companies will net the treasury “several tens of millions of euros”. Fernando Medina has rebuffed [...]
The price of agricultural produce in Portugal will continue to rise even if inflation stops according to the Confederation of Portuguese Farmers (CAP). The confederation’s president Eduardo [...]
The European Commission has approved Portugal’s extraordinary state support package regime worth €175 million to help companies that are energy intensive to meet their electricity bills. The [...]
Portugal’s Prime Minister António Costa has ruled out the scenario of a financial and energy crisis in Portugal and believes that the country can face the future with confidence. We will have a [...]
Iberia will strengthen its case as a world-leading hub for floating offshore wind as energy sector heavyweights descend on the Portuguese capital to direct the region’s future roadmap. Leaders [...]
Portugal’s energy giant posted a slight increase of 1.5% in profits to €518 million by September. While its operations in Portugal suffered a €181 million loss, the electricity company posted the [...]
Spain, France and Portugal have abandoned the MidCat gas interconnected project and have agreed on a green energy gas corridor. A new gas pipeline will link Barcelona to Marseille, Spain’s Prime [...]
