Spain plans to use $3 billion from energy company profits to help its citizens lower electricity bills. Social Prime Minister Pedro Sánchez put his “shock plan” into effect on Tuesday, September 14, to ensure that the Spaniards will not pay more than they did in their 2018 bills. Some of the initiatives include reducing electricity taxes and selling carbon emission permits. Energy costs continue to increase as gas prices rise in Europe over the winter months. On Wednesday, September 15, reports recorded a $202.4 price per megawatt-hour, which was 12.6% more than on Tuesday. Italian Minister Robert Cingolani warned its citizens on Monday, September 13 that a 40% increase is expected in the next quarter. Meanwhile, Greece’s Energy Minister Kostas Skrekas announced that the government is planning to provide energy financial assistance to most households.