Lithuania opposes proposed EU caps on revenues of energy companies

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Lithuania opposed limiting the incomes of low-carbon electricity producers. This was expressed by the Republic’s Minister of Energy, Dainius Kreivis, during a meeting in Brussels. broadcasting On the European Commission (EC) website.

“Lithuania opposes the idea of ​​capping the revenues of energy producers with low production costs. “This will destabilize the EU electricity market and harm the republic’s internal market,” he said.

According to him, such restrictions completely violate the principle of equal conditions for industry participants. We are talking about the fact that different companies receive subsidies in different volumes.

Ursula von der Leyen, President of the European Commission (EC) on 7 September statedHe said the organization is proposing to redirect revenues of energy companies in the European Union to support “vulnerable consumer groups”.

Later Polish Prime Minister Mateusz Morawiecki said Warsaw was against the proposed tax for the excess profits of the European Union’s energy companies in connection with high electricity prices. According to him, when creating new taxes in the energy sector in the European Union, it is important to take into account the differences between the energy systems and climate targets of European countries.

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