Trends in the Austrian energy sector 2025
Austria’s gas transition. Negative power prices. Market volatility. What’s next?
Trends in the Nordic energy sector 2025
PPAs are fading. Carbon prices are rising. Battery storage is no longer optional.
Key takeaways
- Austria is retooling its gas grid for hydrogen With Slovakian imports gone, the country is repositioning itself as a hydrogen hub with new infrastructure and cross-border corridors.
- Negative power prices are now a regular feature Driven by solar oversupply, prices dropped below zero on 75 days in early 2025. Storage solutions face tough economics under these conditions.
- Weather extremes are making markets more volatile PV crashes, storms, and icing events are pushing prices to new highs and new lows. Traders are shifting from day-ahead to intraday and balancing markets.
- Winter 2025/26 looks bearish but not without risks Lower gas prices should ease pressure, but wind volatility, reduced baseload, and Belgian supply risks could create sharp price swings.