Structural Reintroduction of Energy Windfall Taxes in the EU (eco.sapo.pt)

• Five-state EU coalition (DE, IT, ES, AT, PT) leading the proposal.
• Shift from emergency intervention to a structural fiscal framework.
• Aims to capture market rents generated by energy price volatility.

"A significant coalition comprising Germany, Italy, Spain, Austria, and Portugal is advocating for the permanent reintroduction of excess profit taxes within the energy sector. Unlike previous emergency measures triggered by the Ukraine conflict and gas price shocks, this initiative seeks a structural integration into fiscal policy. Proponents argue this move enhances financial resilience and balances infrastructure investment costs, while critics fear it may deter long-term capital deployment in energy transition technologies."