CleanTechnica•about 18 hours ago
Europe Is Finally Admitting Electricity Is Overtaxed
Key Takeaway
European policy is shifting to reduce electricity taxation, which could significantly lower operating costs for large consumers and improve the financial viability of new electrification projects and clean energy PPAs.
AI Summary
- •The European Commission is reportedly acknowledging that electricity is overtaxed, currently burdened with levies as if it were a polluting end product.
- •This policy shift could lead to reduced electricity costs for large power consumers and improve the economic viability of electrification projects across Europe.
- •The recommendation signals a move towards treating electricity as a clean energy carrier, aligning taxation with decarbonization goals and potentially boosting demand for clean power.
Topics
datacenteremissionsfinancingpolicyppa
Article Content
The leaked European Commission recommendation on electricity taxation landed quietly, but it said something that European energy policy has avoided stating plainly for decades. Electricity is still taxed and loaded with levies as if it were a polluting end product rather than the clean energy carrier Europe increasingly depends on ... [continued] The post Europe Is Finally Admitting Electricity Is Overtaxed appeared first on CleanTechnica .