AIT Study: Without Electricity From Sun and Wind, Prices Would Be Higher

der Standard AT

der Standard DE

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der Standard DE

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A faster expansion of renewables could reduce household electricity bills by many million euros and secure hundreds of thousands of jobs.

Kronen Zeitung

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According to a new study, the expansion of wind power and photovoltaics has a direct impact on electricity prices in Austria – in favour of consumers. Without additional electricity from renewable energies, the prices on the wholesale market would have been significantly higher. Because the expansion targets were last missed, the electricity customers should have lost millions of savings within two years. The Austrian Institute of Technology (AI…

Kurier

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AIT calculated price-absorbing effect of renewable expansion for the electricity industry - failed target costed electricity consumers between 2024 and 2025 110 million euros - wind turbines better than PV