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Austria International Renewables Industry News

Vienna Energy Forum and the R20 Austrian World Summit 2018: Feedback of a Participant

At the Vienna Energy Forum and the R20 Austrian World Summit recently held in Vienna, Beatriz Mayor of IIASA - International Institute for Applied Systems Analysis also participated, who shares her interesting insights as follows.

June 6, 2018

Top Energy Events Put Vienna in the Focus of the Global Clean Energy Economy

The Vienna Energy Forum 2018 in May in Vienna brings together a multitude of people and institutions to discuss and solve the key questions of the present on the topic of energy. Among them are heads of state, ministers, energy experts, representatives of international and non-governmental organizations, academia, civil society and the private sector. The PFAN Climate and Clean Energy Investment Forum and the R20 Austria World Summit are also part of this huge event. This event, sponsored by Arnold Schwarzenegger, is a high-level summit about leadership on implementing the Paris Climate Agreement and the United Nations Sustainable Development Goals.

April 19, 2018

OSCE: "Reliable, Affordable and Sustainable Energy Supplies are Prerequisite for Stability and Security"

Energy experts from the OSCE Mediterranean Partners for Co-operation, representing both government institutions and private sector companies, will begin a week-long field study of sustainable energy in Austria and Germany.

July 12, 2016

Activ Solar Files for Reorganisation in Austria, Debts Reach EUR 500 Million

Vienna-based Activ Solar GmbH announced that it is bankrupt and that it has filed for reorganization in Austria due to its investment exposure in Ukraine. The company has amassed debts to the tune of EUR 500 million.

February 10, 2016

Klaus Toepfer to Give Keynote Speech at Economic and Environmental Forum in Vienna

Good governance in the OSCE area, reinforcing security and stability through co-operation, will be theme of the 24th Economic and Environmental Forum and the 1st Preparatory Meeting taking place on 25 and 26 January in Vienna. The meeting will focus on good environmental governance to enable sustainable economic development.

January 22, 2016

US Company Contour Moves European Headquarters from Paris to Vienna

The Vienna-based European headquarters will be the strategic centre for all thermal and renewable energy facilities in Austria, Italy, Czech Republic, Romania, Poland, Slovakia, Bulgaria, Armenia, Spain, Northern Ireland and Ukraine.

December 11, 2015

Historic Iran Nuclear Deal Likely to be Announced Early Tuesday

Officials negotiating in Vienna's Palais Coburg say nothing is confirmed, but a deal will possibly come in the early hours of the morning. Iran’s Foreign Minister Mohammad Javad Zarif said an Iran nuclear deal would not be ready to be announced July 13, as China’s Foreign Minister urged the P5+1 and Iran to finalize the accord.

July 13, 2015

BioEnergy International Expands Business in the USA

Listed technology company BDI BioEnergy International AG has been awarded with a contract for a plant optimisation project in California by Crimson Renewable Energy LP. The contract volume is in the lower single-digit million Euro range.

October 20, 2014

Analysis: The South Stream Gas Pipeline

Due to the signing of the South Stream agreement between OMV and Gazprom for the Austrian part of the pipeline during Putin's visit to Vienna, we take a look at the background of the project.

June 25, 2014

Fischer: Room for Further Trade with Albania

Austrian President Heinz Fischer was paying a visit to Western Balkan States.

May 22, 2014

Czech Arca Capital to Invest in Romania

As reported by daily E15, Czech investment group Arca Capital is planning to make a huge investment in Romania.

May 12, 2014

Czech Republic: Rosatom to Complete Temelin?

Russian State Atomic Energy Corporation Rosatom presented an offer to complete the units of the Czech nuclear power plant Temelin.

May 12, 2014

Calls for European Energy Union Become Louder

Polish PM Tusk called for a European energy union. His Hungarian counterpart supports the idea.

May 9, 2014

Romania Keeps Majority Stake in Romgaz

Romania´s government will privatize 15% of the country´s biggest natural gas producer. The opening of the economy to foreign investors bears potential dangers.

October 12, 2013

Wifo: Economy Remains Competitive Despite High Wages

Head of Wifo (Austrian Institute for Economic Research), Karl Aiginger, calls for a change of views in economic policy as competitiveness is more than just low costs.

September 18, 2013

Romania: Austrian Investors Demand Transparency

In an interview with Business Review Romania, Rudolf Lukavsky, commercial counselor for Romania and Moldova at the Austrian Embassy described the downsides and advantages of the economic environment in the country.

September 17, 2013

EVN Records Lower Net Profits

Business development Q. 1–3 2012/13

August 29, 2013

Electricy Thieves Caused Losses for EVN in Bulgaria.

Austrian energy provider EVN lost € 800,000 because of electricity thieves.

August 27, 2013

Slovenia: Decrease of Net Electricity

In the seven months of 2013, Slovenia's total consumption of electricity decreased for less than 1% over the same period one year ago.

August 27, 2013

Bulgaria and Romania to Strenthen Relations

Bulgaria and Romania plan to strengthen relations at bilateral, regional and European level.

August 26, 2013

Moody´s Downgrades Austrian Verbund

The rating agency lowers the rating of the Austrian energy group from „A3“ to „Baa1“.

August 2, 2013

Austria: Verbund to Take Austerity Measures

Only a few months ago, CEO of Verbund Wolfgang Anzengruber promised that “2013 will become the best year in the company’s history”. However, there have been bad news for the energy company ever since.

August 1, 2013

EVN Forced to Lower Electriciy Prices in Bulgaria

Austrian energy provider EVN is ordered by the regulator to drop electricity prices.

July 30, 2013

Renewable Energy: Only Decent Growth Rates

2012: Share of eligible renewable energy consumption in Austria increased by 1% .

July 19, 2013

Serbia to Invest € 10bn in Energy Sector

Serbia will invest € 10 bn in the development of the energy sector in the next eight years.

July 12, 2013

Austria: EVN Hits Brakes with Expansion of Solar Energy

The fast expansion of solar electricity in the province of Lower Austria is straining the power supply system. EVN is therefore limiting the power supply for some projects. Plant operators are infuriated.

July 11, 2013

Poland To Enhance Supervision Over State Companies

Around twenty state-controlled enterprises will be watched more closely.

July 2, 2013

EVN Arbitration Proceedings Against Bulgaria to Start

EVN AG commences investment treaty arbitration against the Republic of Bulgaria.

June 21, 2013

Lopatka: "EU Enlargement is a Driver for Reforms and Rule Of Law"

State Secretary Lopatka on DARUM EUROPA information tour.

June 18, 2013

EVN to Release Shares To Employees

EVN plans to release own shares to employees.

June 14, 2013

Changes at EVN: Reduction of the Board

The Supervisory Board of EVN AG has decided in its meeting on June 12th, not to fill the vacant position due to the retirement of the Member of the Board Herbert Pöttschacher.

June 13, 2013

Verbund to Write Off Gas Power Plants

During an analyst’s conference in London and after the closing of the stock exchange, energy company Verbund announced dampened earning prospects.

June 13, 2013

Verbund Puts Wind Farms in Romania into Operation

One of the largest onshore wind farms of Europe with a 225 megawatt capacity near the Black Sea coast.

June 13, 2013

Czech Republic: Russia to Offer Significant Investments in Return for Temelin Tender

Czech Prime Minister Necas emphasized on the transparency of the decision.

May 28, 2013

Romania to Enhance Shale Gas Production

Romania has announced to soon launch further tenders to increase the exploration of shale gas.

May 27, 2013

Poland: Hold on Tax to Attract Investors

Hydrocarbons tax on hold till 2020 to enhance investments in shale gas.

May 23, 2013

Bulgaria to Table Bill of Amendments in Energy Sector

New regulations will be drafted when caretaker government leaves office.

May 23, 2013

Bulgaria: CEZ to Keep License

Former PM Borisov had been critical of CEZ in Bulgaria. Energy Minister Vasilev annouced the power supplier would not lose its license.

May 13, 2013

Czech Republic: Extraordinary Income Boosts CEZ Results

Increase in net profits by 24 % results from revenues from the certificates and integrations.

May 8, 2013

Austria: EVN Results Expected to Be Below Estimates

EVN specifies expected consolidated Group net profit as of 09/30/2013

May 2, 2013

Verbund: Result Decreased Significantly by 40.3 %

Negative Earning Trend for Quarter 1/2013 in a difficult energy and general economic environment.

May 2, 2013

Turkey: CEZ Partner to Sell Stakes

CEZ's Turkish JV partner Akkok in talks about possible sale of its stake in SEDAS

April 30, 2013

EU Ready to Adopt Measures Over CEZ in Bulgaria

Van Rompuy promised to take actions during his visit in Prague.

April 29, 2013

Foreign Enterprises Complain About Romanian Policy Making.

Regulations in energy sector were changed overnight.

April 26, 2013

Verbund AG: Closing of The Asset Swap With E.ON

Verbund, Austria’s leading electricity company, and E.ON, one of the world’s largest energy providers, finalised the asset swap that was signed on 3 December 2012.

April 26, 2013

Czech Republic: New Rounds of Negotiations for Temelin Tender

Czech power provider CEZ has started another round of talks with bidders in the offer to extend the Temelin nuclear power plant in southern Bohemia.

April 24, 2013

EU Examines Bulgarian Electricy Market

On request of the Bulgarian Government, an expert group will examine the prices for electricity after the protests. Another issue is the independence of the energy regulator.

April 12, 2013

Law Files Against Bulgaria from EVN and CEZ.

Power Suppliers EVN, CEZ and Energo Pro have to face high losses. CEZ announced to file a law against Bulgaria as well.

April 3, 2013

EVN to Get Support by State Secretary

State Secretary Lopatka intervened in EVN’s dispute with Bulgarian government. He urges Bulgaria to ensure protection of investments.

March 29, 2013

Roiss: “A European Concept and Joint Investments Are Needed“

In an interview with the Austrian newpaper Kurier, CEO of OMV explains why Europe needs other sources of energy and why there is a growing competitive disadvantage compared with the USA.

March 25, 2013