Newsletter registration

By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Your Profits Grow Sky High.

Vienna University of Technology: the greenest electricity for little money

Marijke Welisch © Vienna University of Technology

Many countries already make use of the tool of alternative energy auctions. The energy economist Marijke Welisch of the Energy Economics Group at the Vienna University of Technology explored how such energy auctions work and how they can be managed to ensure optimal results. Awarded the Hannspeter Winter Prize of the Vienna University of Technology for her work on this. 

To proceed by offering the lowest prices is not the best strategy at energy auctions. Other variables such as the reliability of supply are also significant factors. From a political perspective, a successful energy auction must initially define which goals are to be pursued. “The round of bidding takes place in different intervals in the various countries. One should not look at them individually but remember that the results of a bidding round will have consequences for the next round”, Marijke Welisch explains. “The objective is continuity, and an expansion of renewable energy, which in turn benefits the entire system”, she concludes.

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Business Breakfast Brno - Virtual Conference

    22.04.2020, Brno, Czech Republic

  • Corporate Day - Online Conference

    12.05.2020 / 13:00, Online Event

Austria Map

Find the perfect location for your company

One of Austria's key strengths as a business destination is its highly qualified and motivated skilled workforce for research and development, especially in the scientific sector.

Nestlé Austria

Logo
More testimonials

news from the business location Austria

“Corona: Short-Time Work“

Short-time work is possible for companies regardless of their size and the respective sector in which they operate (with the exception of federal and provincial governments, municipalities, legal persons under public law and political parties).

Support Measures for Companies Affected by COVID-19

To stimulate the economy, either new programs may be established as a result of the draft law or existing support programs (e.g. aws, ÖHT) will be expanded. All measures introduced are intended to be applicable immediately and will be in force until the end of 2020. The measures currently introduced include the following areas:

More news All blog posts