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

comments icon

0

Share

Published:

August 10, 2023

Country:

Comments:

comments icon

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

Greece DEPA Commercial financing 816 MW solar power portfolio

Greece’s DEPA Commercial obtains financing for 816 MW solar power portfolio

26 July 2024 - State-controlled DEPA Commercial received a EUR 390 million loan from the EIB for photovoltaic projects across Greece

serbia energy cooperative solar power plant elektropionir

First cooperative solar power plants in Serbia start production

26 July 2024 - The income from the sale of electricity will be used for projects proposed by the communities of the villages on the Stara planina mountain

faria renewables mykonos solar power plant

Faria Renewables acquires 35 MW Mykonos solar project

26 July 2024 - Faria Renewables S.A. has announced the integration of photovoltaic project Mykonos into its asset portfolio

Ameresco Sunel Energy 560 MW solar power Greece Lightsource bp

Ameresco Sunel Energy starts building 560 MW solar power plant in Greece for Lightsource bp

26 July 2024 - Ameresco Sunel Energy is the contractor in Lightsource bp's solar power project of 560 MW in peak capacity, in the central part of Greece