Article Tools

€ 8.0bn for Upgrade of Austrian Power Grid

Published: April 18, 2012; 18:46 · (Vindobona)

According to the Austrian E-Control authority, the Austrian economy needs massive investments in the power grid. The upgrade to “smart grids” would be essential.

€ 8.0bn for Upgrade of Austrian Power Grid / Picture: © Flickr

Over the next eight years, the Austrian energy industry will have to make investments of € 8.0bn in order to upgrade the domestic power grid. The power grid should become “smart grids”. Also the access to renewable energy sources will cause costs, Martin Graf at E-Control says.

Until now, “smart grid” projects in Austria did not lead to substantial cost increases.…

This article includes a total of 112 words.

or Log In

Fast News Search