Government approved price caps for power plants
The government approved price caps for power plants, with revenues above the cap subject to a 90% tax rate. The cap is €100 per MWh for waste incineration, €120 for photovoltaic plants, €180 for nuclear, wind, geothermal and hydro plants, €230 for coal plants and €240 for biomass and biogas ones. The government based the caps on the plants’ costs. The revenue from this tax is intended to finance the compensation of energy prices for households and companies. The government expects €135m this year. (webnoviny.sk) Slovenské elektrárne accept the cap.
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