Romania has published Emergency Ordinance no. 119 of 1 September 2022, establishing new rules to cap energy prices and effectively tax the additional income of energy (electricity) producers and energy companies in all areas of the supply chain. As previously reported, Romania introduced measures to cap energy prices and tax electricity producers from 1 November 2021 to 31 March 2023 with an 80% tax based on the difference (excess) between the monthly average selling price of electricity and…