From pv magazine Germany
Austria has launched a new subsidy scheme for residential batteries. The Ministry of Climate Action and Energy is providing a total of €15 million ($16.1 million) to support the installation of new storage systems and the expansion of existing systems used in combination with renewable energy.
Storage devices with storage capacities between 4 kWh and 50 kWh will be eligible for support. The flat-rate subsidy is €200/kWh of usable storage capacity.
Interested parties must initially register for the program on the Austrian Climate and Energy Fund website and then file for construction permits. The battery storage systems may not be ordered or set up prior to registration. Participants will have 24 months to complete their projects.
The program states that the systems must be fully installed by authorized installers and the ratio of usable storage capacity must be at least 0.5 kWh per unit of installed renewables capacity. The battery storage systems must be operated for at least 10 years.
“In Austria we already have technologically mature storage solutions that can be rolled out widely,” said Climate and Energy Fund Managing Director Bernd Vogl. “With the funding, we can manage to integrate these technologies into the system and improve the power supply in those regions where the grids are not sufficiently developed or where significantly more renewable electricity is produced than is used.”
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.