Austria Power Report Q2 2018
Austria's power sector continues to offer opportunities for growth, albeit on a smaller scale compared with previousyears when more generous subsidies led to the rapid development of renewables, particularly wind power. The country continues torely on regional energy imports to meet consumption demands and is committed to expanding domestic capacity while alsophasing out coal-fired thermal power. This will create scope for greater investment in both natural-gas fired thermal power and arange of renewables over the coming years, though with low wholesale energy prices and limited incentives, private investmentmay not be forthcoming on a large scale.
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