Electricity

CMS publishes expert guide Electricity Storage Facilities in Austria

CMS publishes expert guide Electricity Storage Facilities in Austria

Photo: Ysc usc / https://creativecommons.org/licenses/by/4.0/legalcode

Published

August 10, 2023

Country

Comments

0

Share

Published:

August 10, 2023

Country:

Comments:

0

Share

A new CMS expert guide outlines what to keep in mind when investing in and operating electricity storage facilities in Austria.

Electricity storage facilities are key components of every sustainable and self-sufficient energy system, experts from CMS Reich-Rohrwig Hainz said in its new guide Electricity Storage Facilities in Austria, which mostly covers battery systems. The law firm has extensive legal expertise in the energy sector.

They provided investors with a glimpse into the market and outlined the key elements of the country’s regulatory framework, grid access, permits for construction and operation, site acquisition, zoning, network charges, taxes, energy steering measures, electricity labeling and certificates of origin, subsidies and balancing.

Austria aims to fully switch to renewables by 2030 in electricity production

Since electricity generated from renewable sources fluctuates widely and independently of consumption, storage facilities are important to stabilize the grid or reduce peak loads. Such facilities can also be used to take advantage of favorable spot prices when available.

The legal framework for electricity storage in the European Union is far from complete, but at least it is developing rapidly, the authors pointed out. The government of Austria has not been idle as it committed to transforming electricity generation to exclusively renewable sources by 2030.

Grid access process is swift

The country’s Renewables Expansion Act doesn’t define electricity storage, but at least one of the implementation ordinances calls a facility that is eligible to receive investment grants an “electricity storage system” and defines it as a stationary system that can absorb electrical energy on an electrochemical basis in accumulators and make it available again for time-delayed use. Obviously, as far as investment grants are concerned pumped-storage facilities and renewable gases are no storage facilities, CMS explained.

For electricity labeling purposes, an electricity storage facility is only relevant if its capacity exceeds 250 kWh.

Being an electricity supplier from the regulatory point of view, the operator of a storage facility is entitled (and obliged) to grid access through the local distribution system operator or DSO. Gaining access to the grid in Austria is a fairly swift process, the document reads.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

krsko 2 nuclear power plant slovenia

GEN Energija: Krško 2 would cost at least EUR 9.3 billion at 1,000 MW

30 May 2024 - The figures are from the studies on grid connection and investment valuation for the Krško 2 nuclear power plant project, published by GEN Energija

alcazar energy daniel calderon western balkans belgrade energy forum 2024

Alcazar eyes new acquisitions in Western Balkans, eyes 1 GW of renewables

30 May 2024 - Alcazar Energy is developing wind farm projects with a combined capacity of almost 500 MW in the Western Balkans

Lignite plants getting pushed out of the market in the Balkans

Lignite power plants are pushed out of market in Balkans

30 May 2024 - PPC's brand new Ptolemaida 5 lignite plant was effectively pushed out of the market in May as uncompetitive

Fortis Group expand presence Balkans taking over two biogas power plants Serbia Velimir Gavrilovic Belgrade Energy Forum

Fortis Group expands presence in Balkans by taking over two biogas power plants in Serbia

29 May 2024 - Fortis Group is completing the purchase of two biogas power plants in Pančevo, Serbia, COO Velimir Gavrilović announced at Belgrade Energy Forum