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On the surface, nothing changes for electricity consumers: electricity will continue to come out of the socket, it will no longer be necessary to pay subsidies for green electricity, because it will be limited to one billion euros a year.
How Austria will change
What will change is the landscape: for the goal to be achieved, wind power will have to deliver three times more electricity than today. To do this, old turbines will have to be optimized, but many new turbines and wind farms will also be created.
Photovoltaic systems will also change the landscape. The energy from solar energy is projected to multiply by more than ten by 2030. By 2030, not only one million roofs should be equipped with photovoltaic panels, most photovoltaic systems will have to be built in open spaces.
Electricity customers pay 10 billion
Therefore, the electrical transition in Austria will require investments worth billions, the industry estimates the costs at 25 to 30 billion euros. About a third comes from electricity customers through green electricity subsidies, which are already paid from the electricity bill. Most of the rest will have to come from the green energy industry.
A real innovation in the law is the possibility for energy communities: the idea is, for example, that several neighbors can buy a photovoltaic system together, for example, and obtain electricity together. This means that fewer utility grid fees must be paid, even if the community remains connected to the public electric grid.
Citizen energy communities
Those who do not have the opportunity to install their own photovoltaic system, for example with a city apartment without a roof, should in the future be able to use the “Citizen Energy Communities”: these allow the joint use of green electricity on one level. supraregional. You can then participate in a green electricity project, so to speak, the energy produced there can be used by all participants, so all members of the community also benefit from the sale of energy that is not used.
Green electricity expansion
The magnitude of the electricity market is a bit difficult for lay people to understand, currently 75 percent of electricity during the year comes from renewable sources, mostly from pass-through power plants on the Danube.
In total, green power companies supply around 55 terawatt hours of electricity per year.
In the future, an additional 27 terawatt hours should be generated from more wind energy (10 TWh) and photovoltaic energy (11 TWh), and some hydroelectric energy (5 TWh) and biomass (1 TWh).
Two thirds matter
The coalition also needs the votes of the SPÖ or FPÖ, as some areas require a 2/3 majority for the draft Renewable Expansion Law to be approved in parliament. The SPÖ is fundamentally positive about the draft, but it will certainly need a few more rounds of negotiations. According to the plan of the Minister of Climate and Energy, Gewessler, the law will be approved before the summer.