Strategic Gas Reserve: Storage Is Now Cheaper
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7 Articles
The cost of storage years 2027/28 and 2028/29 is €38.75 million each.
If so far costs of 94 million euros per year have been estimated, the storage should now amount to 38.75 million euros for the years 2027/28 and 2028/29. Minister Hattmannsdorfer sees the reserve secured by 1 April 2029.
VIENNA. The storage of Austria's strategic gas reserve will be cheaper than planned from 2027.
Austria's strategic gas reserve is secured until April 2029. The total cost for the two storage years is 77.5 million euros. Originally, 234 million euros were budgeted for it. AUSTRIA. In early July, the strategic gas reserve was extended by two years. Read more below. In addition, the annual costs were reduced by about 59 percent from 94 million to 38.75 million euros, according to the Ministry of Economic Affairs and Energy.
The cost reduction for the strategic gas reserve presented today is the best proof that consistent opposition work by the Freedom Party (FPÖ) is effective. "Thanks to our pressure and our concrete proposals, taxpayers will save more than €156 million over the next two years," explained FPÖ energy spokesperson, MP Paul Hammerl. Hammerl had already submitted a resolution to parliament in April. In it, the FPÖ demanded the implementation of concret…
Strategic gas reserve secured by April 2029 – annual costs fall from 94 to 38.75 million euros The storage of Austria's strategic gas reserve will be significantly cheaper for the next two storage years.For the storage years 2027/28 and 2028/29, the annual costs each amount to 38.75 million euros.In the current storage year 2026/27, they are still 94 million euros. [...] Der Beitrag Hattmannsdorfer/Zehtner: Storage costs for strategic gas reserv…
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