What is energy in Austria?

Energy in Austria describes energy and electricity production, consumption and import in Austria. Austria is very reliant on hydro as an energy source, supported by imported oil and natural gas supplies. It is planned by 2030 to become 100% electricity supplied by renewable sources, primarily hydro, wind and solar. [citation needed]

What is Austria's energy policy?

Austria’s energy policy rests on three pillars: security of supply, energy efficiency and renewables. The country’s efforts to decarbonise the economy have progressed as renewable energy use has continued to grow, while use of fossil fuels has decreased.

Who is Austria Energy Group?

The Austria Energy Group was founded in Vienna, Austria in 2006, where its headquarter is located with subsidiaries and offices in Europe and Latin America. Since its commencement, the Group has been focused on the site development and technology integration, construction (EPCM), operation and management of renewable power plants.

What is the main source of electricity in Austria?

Hydropower is the main source of electricity production in Austria, accounting for almost 60 percent of the country’s total electricity generation in 2023. That year, more than 80 percent of Austria's electricity production was sourced from renewables, with wind power ranking second in terms of renewable output.

Why is energy consumption important in Austria?

They are also necessary in order to decrease Austria‘s energy dependency and thus to counteract the increasing shortage of energy. Energy consumption in Austria has almost doubled in the past 50 years – both in terms of total consumption (gross domestic consumption/GDC) and final consumption.

What percentage of Austria's energy is generated from fossil fuels?

Renewables accounted for the largest share of energy production in Austria. Power generated from fossil fuels was less than 25 percent of the total.