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Wind Power Market in Austria: Favorable Climatic Conditions and Cheap Synthesis of Wind Power to Influence Investment Trends Positively

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Published on : Sep 20, 2016

ALBANY, New York, September 20, 2016: ResearchMoz.us now features a report, titled “Wind Power in Austria, Market Outlook to 2030, Update 2016 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles.” The report offers a comprehensive evaluation of the global renewable power market, onshore and offshore global wind power market, Austria power market, Austria renewable power market, and Austria wind power market.

The report carries a brief introduction of the primary energy consumption and levels of carbon emission across the globe. Globally, initiatives by several governments to cut down carbon emissions and reduce dependence on exhaustible energy resources are driving global renewable power installations. Renewable power sources include solar photovoltaic (PV), wind (both onshore and offshore), small hydropower (SHP), biomass, concentrated solar power (CSP), biogas and geothermal. The report places special emphasis on analyzing the development trends in the global market for wind power. It also highlights the top ten wind power producing countries of the world, which collectively account for over 84% of the global wind power capacity. 

The report offers a meticulous examination of the growth trends of the Austria power market. It provides insights into installed capacity and power generation trends by various fuel types including nuclear, thermal conventional, large hydro, and renewable energy sources. The authors of the report have observed that after the majority votes against nuclear power in the 1978 referendum, Austria has been increasingly shifting focus towards renewable energy. Another factor contributing to this shift is the implementation of the Green Electricity Act in 2012. As a result, presently more than 70% of the electricity in Austria comes from renewables and the rest from fossil fuels.

The report presents a detailed evaluation of the Austria renewable power market. It highlights the statistics pertaining to the installed capacity of various renewable power sources in 2015. The report indicates that hydropower is the dominant source of power in Austria. However, the adoption of renewables such as wind and solar is estimated to increase at a significant growth rate. 

The report gives a detailed overview of the Austria wind power market. In 2015, the country had more than 1000 wind turbines installed with a total output of nearly 2200 MW. As per the findings of the report, technological advancements have paved way for more reliable and effective equipment and machinery, making wind one of the fastest-growing sources of energy in the Austria power market. Moreover, the favorable climate of the country for the generation of wind-based electricity is likely to bolster the growth of wind power market.

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For a coherent understanding, the investment trends influencing the growth trajectory of the market form an important part of the report. It gives a 360-degree overview of the deal value. Deals are analyzed based on partnership, mergers and acquisitions, debt offering, asset finance, venture capitalists (VC), equity offering, and private equity (PE).

As wind proves to be the cheapest form of renewable energy, apart from mini hydro, players are beginning to harness the immense wind power potential in the country. The report profiles the key companies in the Austria wind power market along with their business description, company overview, products and service specification, revenue and cost structure, and contact information. It also includes a SWOT analysis to calculate the growth trajectory for each key player. EVN AG, Verbund Renewable Power GmbH, and ContourGlobal L.P. are the key players in the Austria wind power market.

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