Riedl Austria is a 300MW hydro power project. It is planned on Danube river/basin in Upper Austria, Austria. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 300 | – | 300 | Permitting | Upper Austria, Austria | Verbund |
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Description
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The project is being developed and currently owned by Verbund.
Riedl Austria is a pumped storage project. The hydro reservoir capacity is planned to be 4.2 million cubic meter. The gross head of the project will be 350m. The project cost is expected to be around $203.318m.
The hydro power project consists of 2 turbines, each with 150MW nameplate capacity.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2022.
About Verbund
Verbund AG (Verbund) is an electricity utility that generates, transmits, trades, and distributes electricity. It generates electricity from renewable energy sources such as hydropower, biomass, wind, and solar power. The company constructs, operates and maintains power plants; trades electricity and gas; and certificates on European exchanges. It operates electricity transmission network through Austrian Power Grid AG and manages and controls its foreign and domestic equity interests. It offers insurance, vehicle service and facility management services. The company operates 129 hydropower plants in Austria and Germany. The company serves household, commercial, and agriculture customers; and traders and resellers across 12 countries including Romania, Germany, Austria, and other countries. Verbund is headquartered in Vienna, Austria.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
