Verbund AG, formerly known as Verbundgesellschaft or Österreichische Elektrizitätswirtschafts-AG, is Austria's largest electricity provider. Verbund covers around 40 percent of electricity demands in Austria and generates 90 percent thereof from hydro power. In addition, Verbund operates the supraregional power grid through its subsidiary APG. Verbund AG is listed on the Vienna Stock Exchange and in the ATX, the key index of Austrian stock-listed companies. The largest shareholder, at 51%, is the Republic of Austria.
AbstractThe success of the energy transition in relation to achieving a low carbon fossil‐free energy of the future largely depends on the extent to which collective efforts are geared towards specific goals, as the actual transformation of the energy sector is shaped by many challenges and uncertainties. Pandemics, uninterrupted supply chains and ongoing conflicts add to the complexity of the situation. The International Energy Agency has published its ”World Energy Outlook“ since 1998 and demonstrates ways of achieving a decarbonised energy of the future based on different scenarios. Taking three energy scenarios as the starting point, possible routes and corresponding effects by 2050 are outlined.
