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Forecast share of net income impacted by windfall tax for select utilities in the European Union in 2023

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Source

Release date

2022

Region

Europe, EU

Survey time period

2022

Supplementary notes

Figures are based on a 10 euro/megawatt tax on windfall profits.

Citation formats

Utility companies most affected by windfall tax in the EU 2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 7, 2022
Income sensitivity to a *** euro per megawatt "windfall tax" for European utilities would vary substantially by company. For example, it is estimated that ** percent of Fortum's income would be sensitive to such a tax, while just percent of Orsted's income would be subject to the tax. The Finnish utility company Fortum and its subsidiaries such as Uniper are heavily reliant on using fossil fuels such as gas, prices for which have increased exponentially this year.
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