The European Union plans to propose tax cuts on renewable energy next month, aiming to reduce power bills and enhance electricity system flexibility amid high energy costs.
High energy costs continue to burden EU's economy
Jun 07, 2026
11:02 am
What's the storyThe European Union (EU) is preparing to unveil a new regulation next month, aimed at reducing taxes on renewable energy and enhancing the flexibility of electricity systems.
The move comes as high energy costs continue to burden the region's economy.
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