Austria as an important player for Europe’s energy data space

A new EU initiative to create an efficient data space is designed to serve as the basis for the European energy market of the future. The large-scale European project called EDDIE represents a collaboration of several EU member states and is coordinated by the Austrian Institute of Technology (AIT).

EDDIE represents an important step in the EU’s efforts to enhance the integration of sustainable energy sources and improve the overall efficiency of the European energy market.

For this purpose, energy companies, research organisations and political decision makers should be given easier access to energy data and their analysis by the creation of a unified data exchange platform. This uniform European interface will be accessible for everyone in the future, from service providers to the final customers. In turn, this will promote competition, quality and functionality of energy data-based services in Europe.

Austrian and other European project partners are on board. The project has a duration of three years and features a budget of € 10 million, of which € 8 million is funded by the European Commission via the Horizon Europe framework programme. Austrian partners are participating with more than € 4 million.

Learn more about the Green Tech/Clean Tech in Austria

planqc: "Austria offers enormous advantages due to its excellent research landscape in quantum physics"

The German quantum computing startup planqc really took off in 2024, winning major contracts and investors. In this interview, CEO Alexander Glätzle reveals what he appreciates about the company’s new facility in Innsbruck and the key role that the well-developed infrastructure for research and development there plays in the company's success.

From research to practical application: Quantum technology in Austria

Research institutions and companies are driving the development of quantum technologies in Austria, thereby strengthening the country's leading role as a business location. Initiatives such as Quantum Austria, featuring € 107 million in investments to strengthen the quantum technology ecosystem, are making an important contribution to this.

Austria in the fast lane in quantum technology

From ambitious startups to extensive government funding programmes: Austria is a promising business location for innovative companies and investors in the field of quantum technology. This enables progress and sustainable growth, a fact which is also demonstrated by successful young companies such as ParityQC, qtlabs and planqc.