Austria doubles renewables budget but cuts FiT for plants >500kW

Facebook
Twitter
LinkedIn
Reddit
Email

The Austrian government has doubled its renewables budget to €50 million for 2013 and set to decrease by €1 million annually. Economy and energy minister Reinhold Mitterlehner, social minister Rudolf Hundstorfer and environment minister Nikolaus Berlakovich have introduced a combination tariff and grant scheme.

From the second quarter 2012, BIPV systems in Austria will receive a tariff of €0.197 per kWh on top of a grant towards 20% of the investment costs worth up to €200 per kW. The government believes this will open up the market to those less well-off through a cost-effective low-voltage network and new smart meter technology.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

However, the FiT for new plants of over 500kW has been terminated, due to a dwindling budget, insists the government.

Falling PV panel prices has led the Austrian government to announce a degression of 8% each year. The FiT for BIPV in 2013 has been set at €0.182. Ground-mount installations currently receive €0.1843. At the start of next year, the FiT will drop by around 10% to €0.1659 per kWh.

Economy and energy minister Mitterlehner states, “With our expansion campaign we support economically viable projects on the way to market. We want to expand the share of renewables in Austria, but also reduce the cost burden for households, businesses and industry.

“We assume that the reduced rates, due to the decreased cost of the plants, will be well received by the industry. Through the efficient use of funds, we can promote grid connection by doubling funding volume significantly,” continued Mitterlehner.

“Surveys show that Austrians are willing to pay more for sustainable electricity. Simultaneously, we must avoid an uncontrollable proliferation of the PAYG system. Therefore we limit, unlike in Germany, the annual volume and therefore the cost,” says Mitterlehner.

The government estimates that an average household in Germany pays, on average, €144 for green energy. However, in Austria, customers only pay €36.

 

Read Next

July 4, 2025
Germany’s latest innovation tender has awarded 488MW of co-located capacity, with all the projects being solar PV tied with energy storage.
July 4, 2025
Risen Energy’s mass-produced heterojunction (HJT) modules have reached a cell conversion efficiency of 26.61%, a record figure for the company.
July 4, 2025
The US House of Representatives has passed the final version of the reconciliation bill that is now going to US President Donald Trump’s desk for his signature before its passing.
July 4, 2025
Australian retailer AGL Energy has confirmed its acquisition of South Australia’s Virtual Power Plant (SAVPP) from Tesla.
July 3, 2025
Renewable energy curtailment in Brazil is set to reach 8% across the country, and be as high as 11% in the north-east, by 2035.
July 3, 2025
Spanish IPP Zelestra has secured a €235 million (US$277 million) increase to its sustainability-linked loan, bringing the total to €770 million.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK