The latest utilities industry and company news and analysis from FriedlNews
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Austrian Utilities Industry Headlines

Styrian Siemens Arm to Work on Irish Project

The technology group Siemens has secured two deals for onshore wind power plants in Ireland. The transformers for the wind park Sliabh Bawn will be developed and build by the Styrian Siemens factory in Weiz. A total of 20 transformers of 3.4 MVA will be delivered to Ireland in 2016. The beginning of construction is scheduled for the beginning of 2017.

February 5, 2016

Energy Dependency in the EU at 53.4%, in Austria at 65.9%

Energy dependency in the EU was at 53.4 percent in 2014. According to the latest Eurostat data Austria’s energy dependency was at 65.9 percent, which ranks Austria seventh in the EU. Estonia was least energy dependent (8.9 percent), while Malta was most dependent (97.7 percent).

February 5, 2016

Brazilian Court Suspends Operating Permit for Controversial Belo Monte Power Plant

Listed engineering group Andritz saw a Brazilian court suspend operational permit for the controversial Belo Monte power plant, only weeks before the planned launch of the facility. The completion of the plant has been delayed many times due to protests of environmentalist groups and representatives of indigenous population.

January 15, 2016

Wishing you Peace, Joy and Happiness in the New Year

Dear Reader, As the year comes to an end, I wanted to write and thank you for your support. It's the loyalty of readers like you that enables us to provide our service. This year saw us once again reporting on topics related to cross-border activities in business and diplomacy. Our mission remains to inform and to connect Austria's international professionals and expatriates to enable them to be more productive and successful. Whatever 2016 brings, my editorial team and I will continue to bring you the latest in Austrian-international news and insight. I wish you a peaceful and prosperous holiday season and - till next year. Warm regards, Dr. Peter J. Friedl, Editor, FriedlNews

December 23, 2015

FriedlNews wishes Merry Christmas and a Happy New Year from Vienna!

Warmest wishes for the season, and sincere thanks for your loyalty throughout the years! Our service will be closed untill January 11th, 2016. The FriedlNews Team

December 23, 2015

Energy Price Down in November By 8%

The prices of household energy slipped by 8 percent y/y, the Austrian energy agency Energieagentur reports. The energy price index EPI, calculated by the agency, has thus slipped to the lowest point in five years. The crude oil price slump has affected the costs of both fuels and heating oils.

December 23, 2015

Andritz Lands Orders from Vietnam and South Korea

The Styrian facilities builder Andritz has received orders in Vietnam and South Korea worth a total of about EUR 65 million (USD 70.58 million) the listed company announced. The company will equip hydro power plants in the two countries. Recently Andritz generated EUR 5.9 billion in annual sales.

December 18, 2015

Power Market Regulator: 2.45 Percent of Austrians to Switch Power Supplier

2.45 percent of Austrian households will switch to a different electricity supplier in 2015, power market regulator E-Control head Walter Boltz expects.

December 15, 2015

Paris Climate Summit - Treaty COP21 Will Affect Austria

In an interview for Austrian broadcaster ORF Environmental Minister Andrä Rupprechter (ÖVP) declared that the climate treaty agreed during the COP21 summit in Paris would affect Austria. He also stressed that a change of the energy policy was necessary.

December 14, 2015

US Company Contour Moves European Headquarters from Paris to Vienna

The Vienna-based European headquarters will be the strategic centre for all thermal and renewable energy facilities in Austria, Italy, Czech Republic, Romania, Poland, Slovakia, Bulgaria, Armenia, Spain, Northern Ireland and Ukraine.

December 11, 2015