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€ 8.0bn for Upgrade of Austrian Power Grid
Politics ♦
Published: April 18, 2012; 18:46 ♦ (Vindobona)
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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: © Vindobona.org
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.…
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