New legislative framework for renewable energy carriers in Austria

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The new Austrian federal government plans on reaching climate neutrality by 2040 via implementing the Austrian Renewable Energy Expansion Act, Austrian power supply is planned to be 100%  renewable from a balancing perspective by the year 2030.

In early 2020, the new Austrian federal government started its work with the publication of the governmental programme titled “Out of a sense of responsibility for Austria” comprising eight official targets, the second of which is “combating climate change and compliance with Paris climate goals”. The target st...