VERBUND AG
Acronym: VERBUND
General Information
Identification Code: 09571422185-81
Website: [object Object]
Entity Form: Aktiengesellschaft / public limited company
Registration Category: Companies & groups
Registration Date: 8/26/2009
Last Update: 11/2/2023
EP Accredited Number: 2
Mission & Interests
Goals: VERBUND is Austria's leading electricity company and one of the largest producers of electricity from hydropower in Europe. In 2022 Verbund achieved an annual revenue of 10.3 billion Euro with approx. 3500 employees. VERBUND covers all sectors of energy supply – from the production and transportation of electricity to international sales and marketing. More than 96% of the electricity generation originates from renewable sources, with the majority stemming from hydropower. VERBUND’s hydropower plants, mainly located in Austria and Bavaria (Germany), have a capacity of 8.4 Gigawatt (GW). The production portfolio is supplemented by wind, photovoltaic and two thermal power plants. VERBUND's unbundled subsidiaries Austrian Power Grid (APG) and Gas Connect Austria (GCA), operate Austria's tranmission systems for electricity and gas.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Budget
- Business and industry
- Climate action
- Competition
- Consumers
- Digital economy and society
- Economy, finance and the euro
- Employment and social affairs
- Energy
- Enlargement
- Environment
- Institutional affairs
- Regional policy
- Research and innovation
- Single market
- Taxation
- Trade
- Trans-European Networks
- Transport
Levels of Interest:
- national
- sub-national
- european
Activities
Main EU Legislative Proposals: - Fit for 55 - Package
- Package on Hydrogen and Decarbonised Gases
- EU Biodiversity Strategy and Nature Restoration Law
- EU Hydrogen Strategy and European Clean Hydrogen Alliance
- Sustainable Finance
- Relevant Delegated Acts from the Clean Energy Package
- Water Framework Directive
- Research and Innovation, e.g. Horizon Europe and ETS Innovation Fund
- CO2-pricing with a particular focus on EU ETS and EU Energy Taxation
- European Industrial Strategy with a focus on Hydrogen IPCEI
- EU Electricity Market Design
Communication Activities: - VERBUND annual reception
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: Am Hof, 6 A
Post Code: 1010
City: Vienna
Country: AUSTRIA
Phone: [object Object]
EU Office
Address: VERBUND AG EU-RepresentationRue Belliard 40
Post Code: 1040
City: Bruxelles
Country: BELGIUM
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Complementary Information: VERBUND declares the information on grants received for the last financial year closed. Furthermore, VERBUND also declares information on grants received for its unbundled independent transmission system operators Austrian Power Grid (APG) and Gas Connect Austria (GCA).
Membership Information
Members10 Percent: 0
Members25 Percent: 4
Members50 Percent: 0
Members75 Percent: 0
Members: 5
Members F T E: 2
Info Members: In conformity with the principle of unbundling in the electricity as well as gas sector according to Directives 2009/72/EC and 2009/73/EC concerning common rules for the internal market in electricity and gas, lobbying activities for Austrian Power Grid AG and Gas Connect Austria GmbH – the independent transmission system operators within VERBUND group - are not undertaken by VERBUND AG and are therefore not included in the information provided.
Structure
Structure Type: Structure
Is Member Of: Not applicable
Organisation Members: - Österreichs Energie - Österreichs E-Wirtschaft
- EURELECTRIC (via Österreichs Energie)
- IV - Industriellenvereinigung Österreich
- BDEW - Bundesverband der Energie- und Wasserwirtschaft
- Verband der Bayerischen Energie- und Wasserwirtschaft e.V. (VBEW)
- EFET - European Federation of Energy Traders
- VGB Power Tech
- Hydrogen Europe
- Solar Power Europe
- EU Hydropower Alliance