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    Home > Chemicals Industry > International Chemical > Austria will spend $2.5 billion on the grid over the next decade

    Austria will spend $2.5 billion on the grid over the next decade

    • Last Update: 2023-01-01
    • Source: Internet
    • Author: User
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    Austrian grid operator APG plans to invest 2.
    5 billion euros in grid construction over the next 10 years to accommodate the massive expansion
    of wind and solar energy.

    The plan will begin construction of the 380 kV Salzburg transmission line, connecting pumped storage facilities in the western Alps with wind-rich areas on the eastern border
    .

    APG said construction of the 800 million euro ($905 million) transmission line will begin in the fourth quarter of 2019 and is expected to take four years
    .

    The project, which will help increase the planned grid interconnection capacity connecting Germany, is currently under construction
    .

    Last year, Austrian energy regulator E-Control said the electricity supply gap would reach 2.
    5 GW
    by 2030 if thermal power plants were shut down during renewable energy expansion.

    Hydropower supplies almost two-thirds of Austria's electricity needs, with electricity supplies from Germany and the Czech Republic playing an important supporting role
    .

    Austrian grid operator APG plans to invest 2.
    5 billion euros in grid construction over the next 10 years to accommodate the massive expansion
    of wind and solar energy.

    Power grid

    The plan will begin construction of the 380 kV Salzburg transmission line, connecting pumped storage facilities in the western Alps with wind-rich areas on the eastern border
    .

    APG said construction of the 800 million euro ($905 million) transmission line will begin in the fourth quarter of 2019 and is expected to take four years
    .

    The project, which will help increase the planned grid interconnection capacity connecting Germany, is currently under construction
    .

    Last year, Austrian energy regulator E-Control said the electricity supply gap would reach 2.
    5 GW
    by 2030 if thermal power plants were shut down during renewable energy expansion.

    Hydropower supplies almost two-thirds of Austria's electricity needs, with electricity supplies from Germany and the Czech Republic playing an important supporting role
    .

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