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Energy & Utilities sector in Austria
A transformation towards renewable energy sources and a focus on environmental sustainability mark notable trends within this sector.
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.market overview
Austria's energy sector is undergoing a transformation towards renewable energy sources, with a focus on expanding wind, solar, and hydropower capacity. Government incentives and renewable energy targets are driving investment in clean energy infrastructure, reducing dependence on fossil fuels and lowering carbon emissions.
41,86 %
.average value added in the sector
86
.gross profit margin
6485.9
.total number of active firms
840.4
.turnover per company
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Market structure
Energy efficiency initiatives are a priority in Austria, with companies and households investing in energy-efficient appliances, insulation, and renewable energy systems to reduce energy consumption and lower utility bills. Energy management systems and smart grid technologies are being deployed to optimize energy usage and reduce wastage.
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