2010 analysis: main findings
The 2010 analysis showed that many sectors and policy areas were covered by a broader set of initiatives but that many of them are not sufficiently ambitious to transform Austria into a low-carbon economy by 2050. Important areas such as promoting material-efficient and fully recyclable products and efficiency in transport were not developed. The success stories are that:
- Austriais among the leading European countries as regards use of solar-thermal heat for private households.
- In 2007, the Climate and Energy fund was set up with an endowment of €500m to support the implementation of the Austrian Climate Strategy. The Fund provides subsidies to promote innovative projects, e.g. renewable energy supply.
- Austria has a relatively well-functioning feed-in tariff for renewable electricity generation. A decrease in the level and duration of support, as well as a cap on funds had initially stopped further new installations. However, a further substantial change to the law was passed at the end of 2009 which may improve the situation.
- Austria is among the European top-runners with respect to use of solar-thermal for private household heat generation. This is mainly incentivised by regional - not national - promotion schemes.
- In 2007, the Climate and Energy fund has been set up with an endowment of € 500 mio to support the implementation of the Austrian Climate Strategy. The Fund provides subsidies for promoting innovative projects e.g. renewable energy supply.