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Letzte Aktualisierung: August 8, 2022

Austria plans low-cost electricity share

The government in Vienna wants to implement proposals for the electricity price that are circulating for the gas market in Germany. The opposition, on the other hand, wants a comprehensive price cap along the lines of Spain and Portugal.
Hans-Peter Siebenhaar
Hans-Peter Siebenhaar
In Germany, political attention is currently still focused primarily on galloping gas prices. But Austria is already a step ahead because electricity prices have risen sharply. The government in Vienna is planning concrete steps to get retail electricity prices under control. "Our model is to support basic household consumption with a capped electricity price. In this way, the aid is supposed to reach people directly. For further consumption, however, the market prices apply," said Energy Minister Leonore Gewessler in an interview with Europe.Table. "We want to use this to maintain the price signal against waste: Energy must be used very carefully."
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