Electricity from Renewable sources preView
10-23-2020
Austrian Power Grid: Electricity from Green Sources Remains Strong Foundation for Power Supply
The streamflow of the Danube accounts for the majority of the run-of-river hydroelectricity generation in Austria and has ranged 40 percent above the longtime average on certain days. Vienna (OTS) - The extremely efficient generation of electricity through water, wind and PV plants currently serves as good basis for the entire energy management in Austria. “The streamflow of the Danube accounts for the majority of the run-of-river hydroelectricity generation, which this year has ranged 40 percent above the longtime average on several days. This is the reason why Austria is currently still able to export electricity. Normally, Austria figures among the electricity importing countries in Europe around this time of the year“, explains Thomas Karall, CFO of Austrian Power Grid (APG), who is responsible for the electricity market

Generally, a look at APG’s September charts (electricity consumption AT, electricity tariff, electricity import/export, share of renewables and redispatch) shows that many industrial enterprises and businesses as well as the field of public transport have largely overcome the corona lockdown and electricity consumption has stabilized although on a slightly lower level in comparison with last year. In calendar week 40, for instance, the consumption lagged 5 percent behind last year‘s comparison value. In view of the peak of the corona crisis in May, where electricity consumption plummeted by up to 15 percent, this is a clear signal of normalization. The development of the electricity tariff has shown an upward tendency after this year’s lowest level of 14 euros during the corona crisis, and reached its highest level to date with 52 euros end of September. “In comparison with last year we have even observed a 20-percent increase of the electricity tariff in the month of September“, says Karall.

However, the very good production from renewables could not be utilized to the full extent due to the lack of grid capacities. This is illustrated by the development of APG’s redispatch measures. Until the end of September such emergency measures had to be carried out almost on a daily basis. This has caused costs of approximately 103 million euros. “This figure shows the importance of the timely realization of grid expansion and renovation measures – in particular of the Salzburg line. The scheduled start of operations of the Salzburg line in 2025 is very important for the domestic electricity management, security of supply, sustainable integration of renewables and usage of low-priced electricity for industry and businesses in Europe. Due to the positive decision by the Austrian Supreme Administrative Court we now have legal security for this project“, states Thomas Karall. 

APG has been surveying the development of electricity consumption since the beginning of the corona crisis and has been publishing charts at https://www.apg.at/infografiken on a regular basis illustrating the topics: energy exchange, electricity consumption in Austria, electricity consumption in Europe, import/export, electricity tariffs, etc.