Schwarz-Rot-Pink also starts the austerity in climate policy. The renewable industry is of course very happy. The current policy “Hop of Drop” is restless by both companies and consumers. Clear framework conditions and concrete announcements in the government program are largely excluded.
Martina Prechtl-Grundnig, head of the umbrella energy, sees some positive aspects in the government program, but many points are kept too vague. Moreover, there is great legal uncertainty in a lot of financing. “We immediately need clarity about the continuation of financing for the exchange of old fossil heating.”
“Fully braking” during the boiler exchange
A “Stop and Go” currently experienced in the subsidy programs. This not only makes companies restless, but also consumers who prefer to wait with investments. The sudden stop last year had already led to a “full brakes” in Ketelhuizen, criticizes propellet boss Doris Stiksl.
A thorn in the eye is the exhaustion of the green electricity producers. “This decision in the first five days of the new Government Safeedo planning protection,” said Prechtl-Grundnig. In particular, the reduction in the yields must be reduced from EUR 120 per megawatt hours (MWH) to 100 euros per MWH and the speed rate rises from 90 percent to 95 percent. In the case of old plants there is even a limit of only 90 euros. In the case of fossil operators, on the other hand, the exhaustion depends on the profit and not on the proceeds – an injustice, the representatives of the Associations of Photovoltaics, Wind Power and Co.
Criticism of “Night-and Fog Actions”
In the photovoltaic industry, the sudden abolition of the VAT exemption provides resentment for private solar systems. “Everyone has prepared that this financing ends at the end of this year. Now she is eliminated in a night and fighting campaign, “says Vera Immitzer, director of Fotovoltaik Austria, who warns steps back.
Again, the industry calls for the urgent decision of the Renewable Expansion Act, Electricity Economic Act and Green Gas Act. Everything has already been negotiated, the government has always placed the companies. Now it should be so far in the summer.
High uncertainty presses an investment climate
The high uncertainty, unclear framework conditions and the only vague announcements of the Black-Rud-Pink Government would also push the investment climate en masse. “There is sufficient capital, but it has not been invested in such uncertainty,” says Florian Marenener, spokesperson for IG Windkraft. “The legislator intervenes – also afterwards – in the economy. This is economically a disaster, “said the wind energy representative. The fact that the coalition only deviates a few days after it deviates from its government program, how seriously the rather vague confessions must be taken in the renewable sector.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
