Energy in Austria

Austria is very reliant on hydro as an energy source, supported by imported oil and natural gas supplies.

[citation needed] The Austrian energy plan made in 2020 has the following targets:[1] CO2 emissions:59.14 million tons In 2021 Austria passed a Renewable-Expansion-Act (”Erneuerbaren Ausbau Gesetz”, EAG) Nationalrat stipulating a goal of 100% renewable electricity by 2030, meaning that 27 TWh of renewable power need to be added by 2030.

[6] On November 16, 2024, Russia halted gas supplies to Austria on Saturday in a dispute over payments.

OMV AG, a multinational integrated oil, gas and petrochemical company, is the largest energy business in Austria, with a turnover of €36 billion in 2021.

In Austria will be 100,000 new green jobs up to 2020, Berlakovich hoped in the European Wind Energy Event 2013 by EWEA.