Friday, 16 March 2018
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Growth in new wind power installations is slowing down as the Austrian feed-in tariff (FiT) rate is falling. The FiT was lowered from 8.95 Eurocent/kWh to 8.2 Eurocent/kWh in 2018, a reduction of 8.4%. This reduction is substantially higher compared to previous years . The FiT will be lowered another 1% to 8.12 Eurocent/kWh in 2019.
"This [year] is by far the biggest reduction so far under the eco-electricity law and will tend to slow project development," said Stefan Moidl, managing director o...