Income sensitivity to a ten euro per megawatt "windfall tax" for European utilities would vary substantially by company. For example, it is estimated that 27 percent of Fortum's income would be sensitive to such a tax, while just three 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.
Forecast share of net income impacted by windfall tax for select utilities in the European Union in 2023
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Topics
PG&EGoldman Sachs. (September 4, 2022). Forecast share of net income impacted by windfall tax for select utilities in the European Union in 2023 [Graph]. In Statista. Retrieved June 12, 2024, from https://www.statista.com/statistics/1333612/eu-utility-company-windfall-tax-sensitivity/
Goldman Sachs. "Forecast share of net income impacted by windfall tax for select utilities in the European Union in 2023." Chart. September 4, 2022. Statista. Accessed June 12, 2024. https://www.statista.com/statistics/1333612/eu-utility-company-windfall-tax-sensitivity/
Goldman Sachs. (2022). Forecast share of net income impacted by windfall tax for select utilities in the European Union in 2023. Statista. Statista Inc.. Accessed: June 12, 2024. https://www.statista.com/statistics/1333612/eu-utility-company-windfall-tax-sensitivity/
Goldman Sachs. "Forecast Share of Net Income Impacted by Windfall Tax for Select Utilities in The European Union in 2023." Statista, Statista Inc., 4 Sep 2022, https://www.statista.com/statistics/1333612/eu-utility-company-windfall-tax-sensitivity/
Goldman Sachs, Forecast share of net income impacted by windfall tax for select utilities in the European Union in 2023 Statista, https://www.statista.com/statistics/1333612/eu-utility-company-windfall-tax-sensitivity/ (last visited June 12, 2024)
Forecast share of net income impacted by windfall tax for select utilities in the European Union in 2023 [Graph], Goldman Sachs, September 4, 2022. [Online]. Available: https://www.statista.com/statistics/1333612/eu-utility-company-windfall-tax-sensitivity/