The largest electric utility in Austria, Verbund, has a $103-billion investment strategy to boost renewable energy and battery storage capacity in the country, which has been in recession and struggles to form a government. Spending on power generation and upgrading the transmission system would boost Austria’s economy, Verbund’s chief executive officer Michael Strugl said on Thursday, as quoted by Bloomberg.
The executive urged the lawmakers who are currently negotiating to form a new government not to abandon the climate and emission…Austria’s Top Electric Utility Has a $103 Billion Plan to Boost Clean Power
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