EAG-Abwicklungsstelle
OeMAG Abwicklungsstelle für Ökostrom AG
Wien, Austria
About
EAG-Abwicklungsstelle is a government headquartered in Wien, Austria specializing in Solar, Wind, Hydro.
The EAG-Abwicklungsstelle (EAG Processing Center) is a specialized unit of OeMAG Abwicklungsstelle für Ökostrom AG, designated in May 2022 by Austria's Federal Ministry for Climate Protection, Environment, Energy, Mobility, Innovation and Technology. It serves as an independent and neutral service provider for allocating, administering, and controlling subsidies under Austria's Renewable Expansion Act (Erneuerbaren-Ausbau-Gesetz). The organization manages two primary funding mechanisms: market premiums for ongoing operational support of renewable electricity generation from hydropower, wind, photovoltaic, biomass, and biogas plants (paid over 20 years post-commissioning); and investment grants for new construction and expansion of photovoltaic systems with storage, wind plants, hydropower facilities, biomass installations, and retrofitted biogas and renewable gas plants. It also supports hydrogen and synthetic gas production from renewable sources. The EAG-Abwicklungsstelle operates an online platform for transparent funding management and maintains a comprehensive knowledge database. It organizes competitive bidding processes and administers funding calls aligned with Austria's climate goal of 100% renewable electricity by 2030 and climate neutrality by 2040.
Headquarters
Wien, Austria
Company Type
Government