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.
Bridge to New Markets.

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.

  • Meet us in Moscow

    23. - 26.04.2019, Moscow

  • Meet us @ Pioneers

    09. - 10.05.2019, Vienna

Austria Map

Find the perfect location for your company

We are lucky to benefit from a lot of reserach incentives here in Austria. We are very proud to be here as Austria is an ideal location for research.

TachoEASY Austria

Logo
More testimonials

news from the business location Austria

Maximize profitability with Vertec

After establishing a subsidiary in Austria in the beginning of 2019, the Swiss software specialist Vertec now operates in the entire DACH region.

Blockchain Technologies: Austria’s Contribution in the Global Race

An international race focusing on the blockchain technology underlying cryptocurrency is currently taking place, not least due to the Bitcoin hype in 2017. Asia and in particular China are a step ahead at present, whereas the USA is somewhat behind. The blockchain industry is still in an embryonic state in large parts of Europe. Find out here why there is still hope and what role Austria is playing.

More news All blog posts