Energy Companies are Investing € 6.2 bn

EnergyEnergy Source ♦ Published: November 4, 2010; 16:59 ♦ (Vindobona)

Austria's electricity companies are currently planning the construction and expansion of more than 80 power plants.

Energy Companies are Investing € 6.2 bn / Picture: ©

After the liberalization of the electricity market ten years ago, electricity prices experienced a significant drop. As a result, the expansion of local power plants was stopped. The result was that Austria became a country of net electricity imports.

Meanwhile, electricity prices have again reached a level that makes the expansion of e-business worthwhile. The long awaited list…