Orsted AS
ORSTED: XCSE (DNK)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$L | LOCK|Jt | LOCK|mg@ |
UK Government Unveils Soft Measures to Tackle High Power Prices
The UK government announced on April 21 that it will increase the electricity levy by 10% to 55% to push renewables power producers exposed to wholesale power prices to switch to contract-for-difference as of next year. SSE, Centrica, Orsted, and RWE are trading 2%-4% higher at the time of writing.
