Energy
All the latest news and important information on energy matters in Austria that impact you including gas and electricity prices and the move towards renewable energy sources such as solar power and wind farms.
'We must be ready': EU to lay out its plan to deal with jet fuel crisis
The European Union said on Tuesday that it was considering importing more jet fuel from the US and requiring member states to hold minimum reserves as the Middle East war squeezes supplies. Brussels will lay out a series of measures on Wednesday.
What is Austria's summer electricity discount and how can you take advantage of it?
Austrian residents can get a discount on electricity grid costs from April by timing when they use appliances.
From fuel to taxes: How to save money in Austria
With war in the Middle East pushing up the price of fuel amid the rising cost of living, we explore a few different ways to spend less and save money in Austria without sacrificing quality.
European drivers choke on rising diesel prices
The price of diesel fuel has rocketed by more than 30 percent across Europe since the start of the Middle East war highlighting the continent's dependence on imported energy and the lingering prominence of diesel on the car market.
Five EU nations urge tax on energy firms' windfall profits
Spain and four other European Union nations have called for a tax on windfall profits of energy companies in response to rising fuel prices due to the Middle East war, Spanish Economy Minister Carlos Cuerpo said Saturday.
What are European countries doing to keep fuel costs down?
War in the Middle East has caused energy market volatility around the globe, forcing governments in Europe to intervene and keep fuel costs down for consumers.
Austrian drivers to pay more for fuel as Slovakia restricts diesel sales
The Slovak government said it would limit diesel purchases and increase prices for foreign drivers, including from Austria, after supplies through the Druzhba pipeline were suspended.
EXPLAINED: What is Austria’s plan to stop fuel price increases?
Austria’s government has agreed on a package of temporary measures aimed at limiting further rises in petrol and diesel prices. Here's what's changing and how it could impact your expenses.
EU countries urged to lower energy taxes to reduce consumer bills
EU's energy chief Dan Jorgensen called on member states to help consumers and businesses by lowering taxes on energy where possible, as war in the Middle East saw oil and gas prices surge.
Cost of living: Inflation falls in Austria as energy prices drop
A flash estimate puts Austria’s January inflation rate at 2.0 percent. The breakdown reveals what is pushing prices up overall and what is pulling them down
Austria's leading energy provider to reduce electricity costs by a third
People in Austria have been struggling with the cost of energy in recent years, but there is good news ahead. From March, more than 400,000 households in Austria will see a drop in electricity prices.
Austrian oil firm OMV sacks alleged Russian spy
Austrian oil and gas company OMV said it has dismissed an employee accused of spying for Russia, confirming reports in local media.
Risk of blackout in Austria 'very low': Austrian Power Grid
A blackout in Austria cannot be completely ruled out, but the risk is "very low", according to the Austrian Power Grid (APA), which operates the country's high-voltage electricity network.
Reader question: What are the chances of a blackout in Austria?
Spain, Portugal and France are facing a widespread blackout. But how likely is it that this could happen in Austria - and how could citizens be prepared for it?
Vienna Energy Bonus: Who qualifies for Wien Energie’s €100 credit?
Rising energy costs in Austria have led Wien Energie to introduce a new financial support measure. Here’s what it means for customers.
How Austria could cut its energy dependence by 2040
As Austria continues to depend heavily on foreign energy, a new study explores how shifting to wind power could change the country’s energy landscape by 2040.
Is Austria's budget plan a 'hidden tax' on residents?
The right wing coalition’s budget plan to save €6.4 billion includes controversial measures like removing the Klimabonus, expanding the digital tax, and cutting subsidies, which critics say will increase costs for Austrians.
Where in Austria will people pay more for electricity next year?
Electricity prices will go up next year - but some regions will face a heavier burden than others. Here's what you need to know.
How could Austria prevent energy prices from skyrocketing this winter?
Austria is bracing for rising energy prices this winter as the country adjusts to alternative gas supplies. Political leaders are debating measures to ease costs, but households may need to take their own steps to manage bills.
Russia to stop delivering gas to Austria
Russia is expected to stop delivering gas to Austria from Saturday, said a spokeswoman for OMV, the Alpine nation's energy company.
Does Austria face gas price rises this winter as Russian supplies end?
Austria is preparing for its first winter without Russian gas. What will this mean for the country’s supplies and energy costs?
EXPLAINED: How to find the best deal for electricity and gas in Austria
With high energy costs, many people in Austria are seeking the best deals for electricity and gas. Here's what you need to know to compare prices and offers.
Austrian commission to examine quitting Russian gas deal
Austria's Climate Minister announced Tuesday that a commission has been set up to examine the possibility of exiting a gas supply contract between energy group OMV and Gazprom in a bid to cut its dependence on Russia.