Austria Power Q3 2018
The power industry in Austria is well developed with a significant focus on hydropower and non-hydropower renewables.Growth potential in the market is relatively limited in comparison to other regional states, in light of slow consumption growth, theavailability of cross-border energy imports and restricted development incentives. That being said, Austria's ongoing shift away fromthermal energy combined with efforts to decrease the reliance on energy imports will stimulate growth in the market, particularly interms of wind, solar and biomass capacity. The country's openness to foreign developers combined with the availability of skilledlabour and access to finance also make this an attractive market.
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