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Energy Minister Van der Straeten (Green) wants to tax 25 percent of excess profits in the energy sector

The tax would be calculated quarterly and only levied if the increase in a quarter is at least EUR 100,000 in nominal terms and more than 10 percent in percentage.

“The special tax is technology-neutral and applies to electricity and natural gas companies known to the four regulators and to registered petroleum traders who report to the FPS Economy,” says Van der Straeten. In concrete terms, this means: all producers and suppliers of natural gas, electricity and petroleum.

Minister Van der Straeten will raise the issue during the budget meeting in the autumn.

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