Energy: Germany and Austria Agree on Closer Cooperation

BusinessCommodities ♦ Published: June 1, 2012; 20:32 ♦ (Vindobona)

German dena and Austrian Verbund advocate stronger German-Austrian energy partnership and aim to build more pumped storage power plants for the integration of wind and solar power.

Energy: Germany and Austria Agree on Closer Cooperation / Picture: © Vindobona.org

In a joint white paper, Deutsche Energie-Agentur GmbH (dena) and Verbund, Austria’s leading electricity company, emphasise the importance of the energy-efficient collaboration between Germany and Austria. The two organisations particularly see a need for action in the further development of the transnational electricity market, in the improvement of the framework conditions for pumped…