© VERBUND AG, www.verbund.com

4
Austrian pumped hydro storages comes with high environmental
and economic benefits
Investment (~800 m€) in new pumped hydro storages (1.000 MW) affects …
Benefits for Europe
● Environmental benefits
□ Additional 50GWh of wind power a year (temporary
curtailment can be avoided) because of better integration
□ CO 2 abatement costs are reduced by 200m€ 1) as the power
plant park can be used more efficiently (these savings could
be used for climate protection measures)
● Economic benefits
□ More efficient power plant utilisation and less CO 2 costs lead
to cost savings for consumers in Europe by ca 550m€ 1)
(50m€ real per year)
Benefits for Austria
● Direct and indirect regional added value
□ Pumped storages are an efficient investment – the investment
generates ca 200m€ additional taxes and duties
□ Investment impulse for other sectors leads to additional tax
revenues and to about 8.000-16.000 additional jobs 2) in
Austria
● Improving Austria’s trade balance
□ Austria‘s trade balance with neighbouring countries improves
by 185m€ 1)
Additional wind power
for 14.000 households 3)
Exports
Imports
Trade balance
improves by 185 m€ 1)
Real costs for consumers
decreased by
50 m€ a year 4)
200m€ additional revenues from
taxes and duties 5)
1) Present value in € real costs 2010, 2) Yearly full-time equivalent, 3) We assume an average consumption of 3500kWh a year.
4) „Cost savings for consumers” refers to the comparison of systems for the expansion of renewables “with” and “without” pumped hydro storages.
© VERBUND AG, www.verbund.com 5) Impacts on taxes and duties are estimated applying 25% of the investment sum.
200m€ 1) for
climate protection
8.000-16.000
additional jobs 2)