• Austria edition
 
Verbund shuts five power plants
A power plant at Neudorf-Werndorf that is being closed. Photo: APA

Verbund shuts five power plants

Published: 14 May 2014 15:22 GMT+02:00

 

The company said it would temporarily decommission several combined cycle gas-fired power plants in Austria and France, including the 848-megawatt Mellach power station that was commissioned only three years ago.

Additionally, a coal-fired power plant in Dürnrohr and an oil-fueled plant in Styria will be closed, the company added.

The reason for the closures is the "massive disruption in the European electricity market" and "sector-wide economic pressures", Verbund said. It hopes the restructuring will lead to "lasting economic improvements".

Some 100 workers are employed in the Austrian plants - 80 of those in Dürnrohr.

Verbund boss Wolfgang Anzengruber told the Austrian Press Agency that he thought around half of the affected employees could be redeployed in other parts of the business.

Gas power plants in Europe are currently generally unprofitable, and German energy companies have already announced closures for scores of power plants.

Across Europe subsidized renewable energies are making industrial-scale power plants less profitable.

Staff reporter (news@thelocal.com)

Your comments about this article

Today's headlines
Vienna activists call for Mandela Square
A view of the Museumsplatz. Photo: Gugerell

Vienna activists call for Mandela Square

South African activists are calling for the Museumsplatz in Vienna’s 7th district to be renamed Nelson-Mandela-Platz, ahead of the first anniversary of the former South African president’s death on December 5th. READ  

Museum seeks moon rock crowd funding
Meteorite researcher and museum curator Ludovic Ferrière. Photo: CEN/NHM Wien, Kurt Kracher

Museum seeks moon rock crowd funding

The Natural History Museum in Vienna has turned to crowdfunding to buy a lunar meteorite with the idea that everyone can own a little bit of the moon. READ  

Vienna plans 400 free Wi-Fi hotspots by 2016
Photo: APA/dpa

Vienna plans 400 free Wi-Fi hotspots by 2016

The city of Vienna is set to get even more wired, with 400 new free Wi-Fi access points planned in the next two years. READ  

Firemen called out to catch 'pumpkin snake'
From a distance, this might look like a snake. Photo: Feuerwehr Steyr

Firemen called out to catch 'pumpkin snake'

Five firemen in Steyr, Upper Austria, were called out to capture what locals believed was a dangerous snake spotted on a path by the river Enns. READ  

Prison sentence for illegal puppy traders
Illegal puppies. File photo: Vier Pfoten/Fred Dott

Prison sentence for illegal puppy traders

A couple who ran an illegal puppy business have been sentenced to two and a half years in prison by Vienna’s Criminal Court. READ  

Resort owner: 'Send refugees to Ukraine'
Photo: Styrassic Park

Resort owner: 'Send refugees to Ukraine'

The Austrian owner of a dinosaur-themed holiday park has suggested that the province of Styria could tackle its asylum seeker quota by sending refugees to Ukraine, and putting them up in a hotel he owns there. READ  

Prisoners offered teeth bleaching in jail
Photo: Dozenist/Wikimedia

Prisoners offered teeth bleaching in jail

Prisoners in Sonnberg jail in Lower Austria are offered cosmetic treatments to have their teeth whitened, according to a report in the Heute newspaper. READ  

Austria backs giant EU investment plan
Jean-Claude Juncker. Photo: APA

Austria backs giant EU investment plan

Austria’s government has said it fully supports a €300 billion ($374 billion) European Commission investment package, designed to pull Europe out of its economic slump over the next five years. READ  

OPEC troubled by falling oil prices
OPEC HQ. Photo: OPEC

OPEC troubled by falling oil prices

Russian oil giant Rosneft has trimmed its oil output amid a continued slide in crude prices, as an under-pressure OPEC mulls taking similar action. READ  

Nazis killed hundreds at Austrian mental hospital
The site of the former hospital - which is now an elite research centre. Photo: APA/PFARRHOFER

Nazis killed hundreds at Austrian mental hospital

New research shows that under Nazi rule hundreds of patients were murdered at the Maria Gugging psychiatric hospital in Lower Austria - many more than previously believed. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
International
An alpine village welcomes asylum seekers
Culture
Painting is a journey of discovery for Russian artist in Vienna
Gallery
Top 10 mistakes Austrians make in English
Culture
Guide to Austrian coffee
Gallery
Ten of the most delicious Austrian desserts you shouldn't miss
Features
No picnic with Italian bears
Features
Building a new life in Austria
National
12 etiquette tips to help you make friends in Austria
Features
The Austrian ski school churning out champions
Features
Expat life: Learning German and making music in Vienna
Society
Radical Islam in Austria is active and growing
National
The Austrian female priest who is defying Catholicism
Gallery
Top ten photo winners from the World Bodypainting Festival
Culture
Austria celebrates a film icon and brilliant inventor
Features
Why Austrians believe they are at the centre of a new Europe
National
Ideas for where to source unique children's gifts in Vienna
Culture
Funeral museum rises from the dead for Halloween
Business & Money
Advertising value with The Local
Culture
The Lowdown on Austria's goose eating season
Society
Left behind in 1939 - a tale of loss
Travel & Tourism
Ten things to never say to an Austrian
Gallery
Austrian regions: The best and the worst
Travel & Tourism
Europe's top six ski hotels features Austria
National
Protest in concrete: Vienna's €19 billion 'Hypotopia' city
Tech
Editorial: Google Plus
Travel & Tourism
Vienna in Lonely Planet's top ten city destinations for 2015
International
Finding your favourite home foods in Austria
Gallery
Photo of the Week: Austrian Jagdkommando and his dog
Culture
Vienna Philharmonic receives major music prize
Gallery
What kind of Austria expat are you?
Health
Doctors launch campaign to challenge smoker's paradise
Culture
Happy Birthday, Udo Jürgens
Culture
Test your German skills with the odd word out quiz
Gallery
Ten noises that sound very different in German
National
Graz designer creates Dirndl and Lederhosen with a twist
Health
Sigmund Freud: 75 years after his death
Society
Coming home after 75 years with the Jewish Welcome Service
Health
Austrians can't stop smoking
Culture
Why Austria wants a divorce from Germany
Features
'A love of learning was vital'
National
The Vienna solar power plant that is also a nature reserve
National
Vienna exhibition on 50 years of Turkish guest workers
Politics
The unpopular finance minister defeated by tax reform
Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

254
jobs available
The Local Spain is hiring!
The Local is seeking a new editor for our site in Spain to join our growing team of internationally-minded, driven, ambitious and clued-up journalists.
Details and how to apply