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Tax Minister will look into measures against enormous electricity profits

Jeppe Bruus (S) is working on a model that can prevent large payments to intermediaries in the electricity industry.  
31. MAR 2023 8.47

Tax Minister Jeppe Bruus (S) is ready to look at what can be done from a political perspective to prevent enormous bonuses from being paid to so-called middlemen in the electricity industry. He said this on Thursday in the Folketingsalen during the first reading of a bill.

- The bonuses and the stories we hear are absolutely crazy. Now we have to see what is up and down about it, and they have also visited my colleague in the Ministry of Climate (Lars Aagaard (M), ed.). But as I have explained, I am working on a model that we can apply in relation to the middlemen.

- And as part of that work, I think it is very natural to look at whether we should regulate the remuneration in this sector. In the same way as we have done in the financial sector, for example, says Jeppe Bruus.

The media Finans has uncovered how intermediaries have been able to get up to three-digit million bonuses in the electricity market, where prices have skyrocketed after Russia's invasion of Ukraine last year.

In January, Jeppe Bruus had to admit to Finans that he had not succeeded in finding a model that would intervene in the middlemen's large earnings. But now he is ready to try again, after even more stories about huge profits have come to light.

- None of us can live with the fact that we provide a helping hand - both to help the Danes and to help these companies with administrative costs and by taking on their debt. And if it turns out that they are also paying out sky-high bonuses, that doesn't make sense at all, says Jeppe Bruus from the rostrum of the Danish Parliament.


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