Falling costs and decrease demand are mirrored within the half-year steadiness sheet of the state vitality provider Energie AG (EAG): Within the first half of the yr, the corporate recorded a drop in gross sales of 27 p.c to 1.935 billion euros. In a press launch, the group defined this primarily by stagnating improvement in electrical energy and gasoline gross sales in addition to declines within the administration of gasoline storage amenities and the electrical energy portfolio.
The working end result (EBIT) elevated from 55 to 143 million euros: the Power section is chargeable for this, with greater manufacturing volumes from its personal hydropower and from procurement rights, it’s mentioned.
Decarbonized by 2035
Within the Community section, EBIT fell farther from EUR 26.6 million to EUR 20.2 million. Within the first half of 2022/23, working revenue had already plummeted by 36.5 p.c. The lower is the end result “amongst different issues of decrease electrical energy and gasoline volumes transported.”
103.4 million euros had been invested, a great 30 million euros greater than in the identical interval final yr. The main target is on the strategic reorientation of EAG: As reported, the group is to be strongly geared in the direction of renewable energies within the coming years; the undertaking known as “Loop”. The group is to be decarbonized by 2035. The one exception is the Wels waste incineration plant, which is able to take till 2040.
By 2035, a further terawatt hour (TWh) is to be added from wind and solar energy. Development of the Ebensee pumped storage energy plant additionally started in 2023.
In 2023, requests for grid connection of photovoltaic techniques fell by a 3rd to round 22,000, however the common output of the techniques elevated. The processing time for grid connection requests fell once more to only a few days. Nevertheless, the big provide of PV electrical energy is understood to have led to bottlenecks within the energy grid.
This text was up to date at 6:05 p.m.