Texas Offers Opportunities for Austria's Energy Industry

Business › Economy ♦ Published: April 22, 2011; 12:21 ♦ (Vindobona)

Texas imports goods for US$ 614m from Austria. There are prospects for growth in wind and solar energy above all other areas.

Texas Offers Opportunities for Austria's Energy Industry / Picture: © Vindobona.org

"The 'Lone Star State' has the largest oil and gas reserves in the U.S., is a major producer of renewable energy and has by far the largest installed wind capacity with 10,000 MW", says Rudolf Thaler, Austrian business delegate responsible for Texas. By 2020, the share of renewable energies in Texas is to be raised to 15%. The construction of two power lines is planned in order to bring…

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