Electricity price relief: WKÖ demands urge to extend until 2030!

Electricity price relief: WKÖ demands urge to extend until 2030!

Österreich, Österreich - The Austrian Chamber of Commerce (WKÖ) has welcomed the new relief measures of the federal government. These include the introduction of a electricity prize cost compensation law for the years 2025 and 2026, which aims at the support of domestic industry. The aim of the law is to avoid indirect carbon leakage and thus prevent the production of production or emigration from companies in third countries. Jochen Danninger, Secretary General of the WKÖ, emphasizes the need for an extension of the law by 2030 to ensure planning security and competitiveness of the Austria location. The need for action is considered acute to secure prosperity in Austria and to strengthen the domestic economy.

According to the information from Dieben since the third trading period of the EU emission trade system (EU-ETS) no more attachments from the electricity generation. This regulation, which has been in effect since 2013, means that the electricity generators pass on the CO2 costs of electricity generation to their customers. Electricity -intensive industrial companies are particularly affected, which experience increased pressure to ensure their international competitiveness.

The electricity price compensation is intended to support these companies by cushioning the indirect CO2 costs. This is not only a reaction to the increasing production costs, but also a necessary measure to prevent the shift of productions and the increase in CO2 emissions in countries outside the EU emission trade system. In this context, the European Commission has identified sectors that have a high risk of carbon leakage, including pig iron, steel and ferrol regulations. climate set.

Overall, this list includes 63 sectors and underlying, which cover about 96 % of industrial emissions. This illustrates how significant the measures against carbon leakage are for European industry.

budget and planning security

However, Danninger also points out that in Austria there are currently not sufficient budgets for the implementation of these measures. This could endanger the realization of the electricity price costs. In order to exploit the full framework of the EU subsidies by 2030, early and comprehensive planning would be required. Other EU member states, such as Germany, have successfully implemented similar instruments since 2013.

This means that the ensuring of a stable economic basis and the preservation of jobs in domestic industry in the coming years is of crucial importance. The successful fight against carbon leakage and the support of electricity -intensive industries will not only be desirable for the competitiveness of Austria in the international market.