Page 4 - ePaper
P. 4
Country : AUSTRIA
Project list 27.11.2014
Sector Subsector Private/Pu Project name Implementing Description Included in Status Total Investment Barriers/solutions
blic/PPP agency national invest- in 2015 –
investment ment cost 2017
plan
(yes/no) (EUR bn) (EUR bn)
Energy Union Connections private "Mur power plant Energie Steiermark Barrage construction in Puntigam (Graz) to capture clean energy from water - total investment 97 Mio. € No to be started, 0.1 0.1 Ecological audits are ok,
and Puntigam" AG detailled nevertheless the
production plans exist. construction has not
started yet.
Energy Union Connections public Pump Storage Wien Energie The storage project in Molln comprises 2 reversible Francis-turbines with a capacity of 2 x 158.3 MW in fully 0.4 0.4 Barrier
and private Hydro Power GmbH pumping mode and 2 x 154.6 MW in turbining mode (a total storage capacity around 600 GWh annually), 4 permitted, The investment climate
production Plant storage tunnels with a diameter of 16 m and a length of 1.5 km. The waterway has a diameter of 3.1 m to 4.0 preparatory in the European
Pfaffenboden in m and a length of 2.5 km. Instead of the construction of a dam, the PSP Pfaffenboden in Molln comprises a works under electricity market is
Molln closed-loop water system whose components are largely underground or located on an existing industrial way, overall poor. The volatile
site. The headwater reservoir consists of 4 tunnels based in the ridge of the "Gaisbergschuppe" with a total construction national and European
volume of 1.25 Mio m³ (1500 m length and 16 m diameter). The power unit (two turbine sets, each about 150 could start regulatory framework
MW) is located in an underground shaft. The PSP will be connected to a 220 kV transmission grid which runs immediately conditions increase the
across the company site. risk for this long term
investment and leave
As a result of all necessary screening and permitting procedures, no significant impacts on nature future market
conservation areas and the environment are expected. mechanisms for this
Moreover the planned pump storage hydro power plant Pfaffenboden in Molln is especially environmentally asset class
friendly and sustainable. The operation neither causes CO2 emission nor uses primary energy like coal, gas unpredictable, although
or oil. Instead of the construction of a dam, the PSP Pfaffenboden in Molln comprises a closed-loop water the medium term
system whose components are largely underground or located on an existing industrial site. neccessity of pumped
storage plants remains
In addition to the well known benefits of the hydro pumped storage technology the project in Molln has, due to undisputed for a
the connection to the high level multinational transmission grid, positive impacts on the neighbouring European power
electricity markets of Germany and the Czech Republic. generation portfolio with
an already high and still
The pump storage hydro power plant is necessary for the further increase of renewable energy production in steeply increasing
Austria, as well as the neighbouring countries, like Germany or the Czech Republic. The reason behind is that renewable share.
base load power stations (e.g. coal-fired power stations or nuclear power stations) get substituted for
hardly predictable renewables (e.g. wind or photovoltaic). Therefore the need for quick and flexible storages EIB is aware of this
will arise in the near future. As a result the stabilization of the electricity grid through pump storage hydro project, ongoing
power plants is essential. On top it improves the security of supply. discussion.
Seite 1 von 6
Project list 27.11.2014
Sector Subsector Private/Pu Project name Implementing Description Included in Status Total Investment Barriers/solutions
blic/PPP agency national invest- in 2015 –
investment ment cost 2017
plan
(yes/no) (EUR bn) (EUR bn)
Energy Union Connections private "Mur power plant Energie Steiermark Barrage construction in Puntigam (Graz) to capture clean energy from water - total investment 97 Mio. € No to be started, 0.1 0.1 Ecological audits are ok,
and Puntigam" AG detailled nevertheless the
production plans exist. construction has not
started yet.
Energy Union Connections public Pump Storage Wien Energie The storage project in Molln comprises 2 reversible Francis-turbines with a capacity of 2 x 158.3 MW in fully 0.4 0.4 Barrier
and private Hydro Power GmbH pumping mode and 2 x 154.6 MW in turbining mode (a total storage capacity around 600 GWh annually), 4 permitted, The investment climate
production Plant storage tunnels with a diameter of 16 m and a length of 1.5 km. The waterway has a diameter of 3.1 m to 4.0 preparatory in the European
Pfaffenboden in m and a length of 2.5 km. Instead of the construction of a dam, the PSP Pfaffenboden in Molln comprises a works under electricity market is
Molln closed-loop water system whose components are largely underground or located on an existing industrial way, overall poor. The volatile
site. The headwater reservoir consists of 4 tunnels based in the ridge of the "Gaisbergschuppe" with a total construction national and European
volume of 1.25 Mio m³ (1500 m length and 16 m diameter). The power unit (two turbine sets, each about 150 could start regulatory framework
MW) is located in an underground shaft. The PSP will be connected to a 220 kV transmission grid which runs immediately conditions increase the
across the company site. risk for this long term
investment and leave
As a result of all necessary screening and permitting procedures, no significant impacts on nature future market
conservation areas and the environment are expected. mechanisms for this
Moreover the planned pump storage hydro power plant Pfaffenboden in Molln is especially environmentally asset class
friendly and sustainable. The operation neither causes CO2 emission nor uses primary energy like coal, gas unpredictable, although
or oil. Instead of the construction of a dam, the PSP Pfaffenboden in Molln comprises a closed-loop water the medium term
system whose components are largely underground or located on an existing industrial site. neccessity of pumped
storage plants remains
In addition to the well known benefits of the hydro pumped storage technology the project in Molln has, due to undisputed for a
the connection to the high level multinational transmission grid, positive impacts on the neighbouring European power
electricity markets of Germany and the Czech Republic. generation portfolio with
an already high and still
The pump storage hydro power plant is necessary for the further increase of renewable energy production in steeply increasing
Austria, as well as the neighbouring countries, like Germany or the Czech Republic. The reason behind is that renewable share.
base load power stations (e.g. coal-fired power stations or nuclear power stations) get substituted for
hardly predictable renewables (e.g. wind or photovoltaic). Therefore the need for quick and flexible storages EIB is aware of this
will arise in the near future. As a result the stabilization of the electricity grid through pump storage hydro project, ongoing
power plants is essential. On top it improves the security of supply. discussion.
Seite 1 von 6
