Role in MI
- Participates in the:
Progress towards doubling public investment
Based on the actual budget, which does not yet reflect the ambitions of the upcoming Austrian Climate and Energy Strategy to the full extent, the following baseline and doubling plans can be committed:
Country-determined baseline years: average of 2014-2016
Baseline funding amount: EUR 16 mill. on average per year
Doubling target year: 2020
Doubling target amount: EUR 32 mill. on average per year
Find out more about how Austria’s baseline and doubling are calculated
The baseline is calculated by averaging the budget for project funding of the Flagship Projects in the national programmes for energy research (City of Tomorrow and Energy Research Programme). On average €16 million funding have been granted each year between 2014 and 2016 for flagship projects. An allocation of R&D expenditures was not foreseen in the calculation of the baseline.
News and events
- Read more about Austria’s MI strategies and success stories in the report Austria’s Way Into the Future of Energy (May 2019).
- COP24: At the session Mission Innovation initiative: Made in Austria, Theresia Vogel, CEO Austrian Climate and Energy Fund, and Gudrun Maas, Head of IEA Energy End-Use Working Party, highlighted how, together with complementary projects, the three Flagship Regions will boost the energy supply for Austrian industries with renewables. Austria’s pavilion, organised by ADVANTAGE AUSTRIA, showcased companies and technologies for climate protection, energy and the environment.