Wien Energie to End Use of Russian Gas by 2025

Wien Energie, Vienna's main power company, announced it will completely phase out Russian natural gas by 2025, sourcing alternatives from the North Sea and other regions. This decision comes as Austria aims to reduce its reliance on Russian energy supplies following the invasion of Ukraine.
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ScoreValue
Scale

6

Novelty

7

Positivity

6

Reliability

8

Actionability

3

Society

7

Journalism

5


Highlights

  • Wien Energie will phase out the use of Russian natural gas by 2025.
  • The company has secured alternative gas supplies from the North Sea and other sources.
  • Austria is the EU country most reliant on Russian gas.
  • Peter Hanke stated that supply security is a top priority and that Russia is not a reliable partner for Europe.
  • Wien Energie will ensure that all customers will be supplied with non-Russian gas by 2025.

Perspectives

  • Vienna's finance chief, Peter Hanke, emphasized that independence from Russian gas is essential for security of supply due to Russia's war of aggression, highlighting the importance of diversifying energy sources.
  • Wien Energie's commitment to not raise prices for end users despite the higher costs of alternative gas supplies reflects a dedication to maintaining affordability while transitioning away from Russian gas.