Romanian wind farms, which are expected to reach an installed capacity of 2.5GW by end-2013, will have to pay some EUR 37.5mn or even above EUR 40mn next year following the levy of a supplementary property tax for special industrial assets, the investors’ association RWEA estimates.
The supplementary tax, of 1.5% of the property value, would be of some EUR 40,000 per turbine, according to RWEA experts. Under a first estimate, there are 1,100 turbines installed with an average installed capacity of 2.3MW.
Overall, the taxes paid in 2014 by operators of wind farms commissioned by the end of this year would exceed EUR 4bn. Under a different approach, the investments in wind farms are estimated at EUR 4bn, of which EUR 2.5bn in turbines and poles.
The 1.5% tax on the EUR 2.5bn properties would contribute another EUR 37.5mn.
Ukraine is rapidly developing its biomethane sector with ambitions to become a major European supplier. Georgii Geletukha, head of the board at the Bioenergy Association of Ukraine, told bne ... more
Ukraine’s Naftogaz will purchase 100mn cubic metres of LNG from Poland’s Orlen, Ukraine’s biggest state-owned energy firm announced on March 7. The LNG will be transported from cargoes ... more
OPEC+ has decided to continue with its current oil production plans after a review meeting on February 2 despite calls from US President Donald Trump to lower crude prices. According to a ... more