The EU Commission approves Austrian network reserve for ensuring security of electricity supply

State aid: Commission approves Austrian network reserve for ensuring security of electricity supply* The European Commission has approved, under EU State aid rules, Austrian plans to establish a network reserve for the Austrian electricity market. The temporary measure will be in force until end 2025 and will contribute to safeguarding secure network operation and sufficient electricity supply in Austria, without unduly distorting competition in the Single Market. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: "The Austrian network reserve approved today will enable Austria to ensure security of electricity supply at all times. It will be contracted through competitive tenders. Consumers and a broad group of eligible operators, including local

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European Commission, The EU Commission approves Austrian network reserve for ensuring security of electricity supply, 28 June 2021, e-Competitions June 2021, Art. N° 101363

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