E-cars may become mass phenomenon, Verbund boss says

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Business

The head of Austria’s biggest electricity provider has claimed electric cars (e-cars) could be established in Austria in less than 15 years. Verbund AG chief Wolfgang Anzengruber told the Kurier: “E-cars will either be a fun topic or something affecting the masses (in 2025).” The ex-Palfinger boss made aware of polls “30 years ago” revealing […]

Verbund chairman rules out price reduction

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Business

Verbund AG boss Wolfgang Anzengruber has said he does not expect energy prices to decline in the foreseeable future.The businessman said today (Mon): “I don’t see chances for any changes at the moment. Energy trading prices were low recently, but are currently edging up again.”Verbund angered consumer representatives in May by raising the price for […]

Verbund interested in French hydroelectric plants

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Business

Austrian electricity provider Verbund wants to buy hydroelectric plants in the Pyrenees and the Alps in France, firm General Director Wolfgang Anzengruber said today (Fri).He said Verbund would compete for licences for plants operated by EdF and GdF-Suez that would be newly issued. Verbund would be interested in obtaining 10 per cent, or 5,000 MW, […]