Verbund AG (Verbund) produces electricity from hydraulic, thermal, photovoltaic, and wind sources. The company remains a significant generator of renewable energy from hydro, biomass, wind, and solar sources. It operates an electricity transmission network in Austria and manages and controls its foreign and domestic equity interests.

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Verbund is actively engaged in a variety of R&D initiatives focused on renewable energy, green hydrogen, energy storage, and digital innovations in hydropower. The company has established the Christian Doppler Laboratory in collaboration with the Vienna University of Technology, focusing on the development of oxygen ion batteries. This technology, which uses ceramic materials instead of lithium or cobalt, presents a promising solution for renewable energy storage. Additionally, Verbund is involved in cooperative research projects, such as enhancing redox flow battery technology with start-up Aquabattery and testing battery energy storage systems with the Austrian Institute of Technology. The Digital Hydropower Generation program has also been a significant focus, with the development of AI-assisted solutions for hydropower operations, including the EisiDocs system for technical documentation and underwater inspection solutions using mini diving robots. In FY2025, the company is involved in 116 projects. The company has invested in HessTec, which develops hybrid and battery-energy storage systems, and Qurrent, which offers an AI-based platform for optimizing decentralized energy plants. The company is also involved in the TwinEU project, a Horizon Europe initiative aimed at creating a digital twin of the European power grid. This project seeks to integrate digital twins with physical sensor technology to enhance the transmission capacity of overhead lines based on weather conditions. In FY2025, the company incurred expenses of EUR15.1 million on R&D, which as a percentage of revenue, stood at 0.2%.