Austria Power Market Size and Trends by Installed Capacity, Generation, Transmission, Distribution, and Technology, Regulations, Key Players and Forecast, 2022-2035
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The cumulative installed capacity in the Austria power market was 26.9 GW in 2021. It is expected to grow at a CAGR of more than 4% during the forecast period.
The Austria power market report discusses the power market structure of Austria and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential.
Austria power market overview
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What are the market dynamics in the Austria power industry?
The Federal Electricity Management and Organization Act 2010 (Electricity Act 2010) is the main source of energy policy in Austria. The act aims to regulate an equal, fair, consumer-friendly, and transparent energy market. The main energy regulatory authority in the country is E-Control who is responsible for the electricity market and the gas market regulation. Their other functions include the enactment of regulations on the functioning of the Austrian electricity market and approval of the general terms and conditions of network operators. In 2020, Austria become one of the eight countries in the European Union (EU) to end the use of coal power generation. Furthermore, with the government vowing for green and clean energy, the thermal power generation is estimated to decrease by 2035.
What are the key types of power in Austria power market?
The key types of power in Austria power market are thermal power and hydropower. In 2020, Austria shut down its last coal-fired power plant as part of a plan to end electricity generation by fossil fuels by 2030. The Austrian government has plans to shut the gas-fired plants by 2030 and generate all the energy via renewable energy resources. The development of hydropower is supported through investment grants.
What are the key sectors in the Austria power market?
The key sectors in the Austria power market are residential sector, commercial sector, industrial sector, and transport sector. In 2021, industrial power had the dominant share in power consumption.
Austria power market, by sectors
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Who are the key players in Austria power market?
Some of the key players in Austria power market are Verbund AG, Vorarlberger Illwerke AG, Tiwag-Tiroler Wasserkraft AG, and EVN AG. In 2021, the market was dominated by Verbund AG.
Austria power market, by key players
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Market report scope
Market size 2021 | 26.9 GW |
Growth rate | CAGR of >4% |
Forecast period | 2022-2035 |
Key types of power | Thermal Power and Hydropower |
Key sectors | Residential Sector, Commercial Sector, Industrial Sector, and Transport Sector |
Key players | Verbund AG, Vorarlberger Illwerke AG, Tiwag-Tiroler Wasserkraft AG, and EVN AG |
This report provides:
- Snapshot of the country’s power sector across parameters – macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
- Statistics for installed capacity, generation, and consumption from 2010 to 2021, and forecast for the next 14 years to 2035.
- Capacity, generation, and major power plants by technology.
- Data on leading active and upcoming power plants.
- Information on transmission and distribution infrastructure, and electricity imports and exports
- Policy and regulatory framework governing the market.
- Detailed analysis of top market participants, including market share analysis and SWOT analysis.
Reasons to Buy
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector.
- Identify key factors driving investment opportunities in the country’s power sector.
- Facilitate decision-making based on strong historic and forecast data.
- Develop strategies based on the latest regulatory events.
- Position yourself to gain the maximum advantage of the industry’s growth potential.
- Identify key partners and business development avenues.
- Identify key strengths and weaknesses of important market participants.
- Respond to your competitors’ business structure, strategy, and prospects.
Table of Contents
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Frequently asked questions
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What was Austria power market size in 2021?
The power market size in Austria was 26.9 GW in 2021.
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What is Austria power market growth rate?
The power market in Austria is expected to grow at a CAGR of more than 4% during 2021-2035.
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What are the key types of power in Austria power market?
The key types of power in the Austrian power market are thermal power and hydropower.
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What are the key sectors in Austria power market?
The key sectors in the Austrian power market are the residential sector, commercial sector, industrial sector, and transport sector.
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Who are the key players in the Austria power market?
Some of the key players in the Austrian power market are Verbund AG, Vorarlberger Illwerke AG, Tiwag-Tiroler Wasserkraft AG, and EVN AG.
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