November 06, 2017

Funding for Renewable Energy in Austria: Auctions for more efficiency?


Join the Energy Talks and discuss with experts! (The Event is in German only)
November 21, 6.30 p.m. Technisches Museum - Festsaal (Mariahilfer Straße 212, 1140 Wien)


Austria has set the goal of expanding the use of renewable energies to contribute to the EU climate goals. To reach these goals, Austria has implemented funding systems that are applied for all operators in the same way. But recently, there are some discussion on this topic: In which dimensions the expansion should take place and how it will be done are unclear and will be decided in the scope of the amendment to the green electricity law.
In the future, funding for renewables should be awarded based on tenders throughout the EU. This should increase efficiency and decrease costs. Until now, auctions have reached considerably smaller funding, especially compared to earlier tariffs. But auctions are discussed controversially, for instance there is a danger that smaller actors could not be able to compete in this system in the long run and therefore a concentration of big actors might develop. In the next Energy Talk, this will be the central discussion. After an introduction on the topic of auctions, their goals and their advantages, disadvantages and limits, the discussion will focus on Austria and the pros and cons of introducing an auction based system. Join the Energy Talks and discuss with experts in the field.

Please register here until Nov 17 – free admission

The Energy Talks are a series of lectures organized by the Energy Economics Group (TU Wien). Head of EEG is Reinhard Haas, who is also the Academic Director of the MSc Program Renewable Energy Systems.

Further information on the Energy Talks: www.eeg.tuwien.ac.at

The next intake for the MSc Renewable Energy Systems will be in Fall 2018, applications open in January 2018. For more details visit newenergy.tuwien.ac.at


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