VERBUND AG (VERBUND)

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Lobbying costs:

WARNING: As this organisation lists one or more EP accredited lobbyists, it is highly improbable that its lobbying costs are lower than €10,000.

WARNING: The lobbying costs declared by this organisation are extraordinarily high and may therefore have been over-declared.

300,000€ - 399,999€

Financial year: 01/01/2018 - 01/12/2018

Lobbyists declared: 1.75 FTE (4)

WARNING: The number of full time equivalent lobbyists declared by this organisation are extraordinarily high and may therefore have been over-declared.

1
0.75

Lobbyists with EP accreditation: 1

1

Meetings with European Commission: 10

Lobbying costs over the years:

1
5
10
100
1000

VERBUND AG (VERBUND)

Registration on EU Transparency Register

09571422185-81 (First registered: 26 Aug 2009)

Goals / Remit

VERBUND is Austria's leading electricity company and one of the largest producers of electricity from hydropower in Europe. In 2018, VERBUND achieved an annual turnover of 2.847,9 billion Euro with 2.784 employees. VERBUND covers all sectors of energy supply – from the production and transportation of electricity through international sales and marketing.

More than four fifths of the electricity generation originates from climate friendly hydropower. VERBUND’s hydropower plants in Austria and Bavaria have a capacity of 7,700 megawatt (MW). The production portfolio is supplemented by wind power and thermal power plants.

VERBUND, through its subsidiary Austrian Power Grid (APG), operates Austria's supra-regional high-voltage grid which extends over a distance of 3,500 km (route kilometres). This grid forms the backbone of Austria's electricity supply, enabling the supra-regional, domestic and international exchange of energy between producers and consumers and serves to ensure the stable provision of energy to the underlying distribution grids.

VERBUND is also an active trader on the major European electricity markets. Electricity trading within the group forms the interface between generation, distribution and the wholesale market and can be seen as a central hub. Alongside the core business of electricity, VERBUND is also active in the field of environmental products with CO2 certificates and green certificates.

In terms of sales VERBUND is operating in the Austrian end-customer segment since July 2005. VERBUND serves approx. 403.000 private customers with climate-friendly electricity from 100% hydropower and approx. 66.000 customers with climate-neutral gas. VERBUND also supplies Austrian and German industrial companies with electricity. Germany is the second most important market next to Austria: since April 2013, VERBUND has been in possession of 22 hydropower plants with an annual generation of around 4 TWh in Germany. In 2012 VERBUND also acquired five wind farms in Germany with a total of 86 MW.

Issues

- Clean Energy for all Europeans Package and relevant delegated acts - EU Long Term decarbonisation strategy (2050) “A clean planet for all” - EU water related policies - Natura 2000 Fitness Check - Guidelines Natura 2000 / Hydro Power - Preparatory activities concerning the EU gas package - Policies related to sector coupling, sectorial integration and green hydrogen - Policies related to storage - Policies related to clean mobility - Sustainable finance - Policy activities related to CO2 pricing and ETS - European Fund for Strategic Investments (EFSI) - Network Codes - Financial market legislation

Address

Head office:
Am Hof, 6 A
Vienna 1010,
Austria

Tel: 43 50313-0

Belgium office:
Rond Point Schuman 9
Brussels ,
Belgium

Tel: 32 2 2868590