Electricity from hydropower forms the basis for VERBUND’s sustained corporate success.
Hydropower: a path to success
Electricity from hydropower forms the basis for VERBUND’s sustained corporate success.
Ever since its founding as Österreichische Elektrizitätswirtschafts-AG in 1947, VERBUND has been co-shaping the future of energy: Even back then we set our sights on hydropower and, hence, renewable energy sources. Today, after more than seventy years, VERBUND is Austria’s largest and climate-friendliest electricity producer. Close to 100% of our electricity is generated from hydropower, supplemented by wind and thermal power.
Our hydropower plants are highly efficient (pumped) storage power plants located in the Austrian Alps, and run-of-river plants situated on all major rivers in Austria. Since 2009, VERBUND has also been operating power plants in Bavaria. A careful handling of the resource of water is of utmost importance. Hydroelectricity is a valuable commodity, in which we intend to continue investing wisely in the future.
VERBUND is active in all steps of the value creation ladder: From electricity generation to electricity transmission to trading and sales. We are permanently working at innovative and sustainable solutions for customers in the private and business sectors in order to be able to react to changes.
We count on the expertise and competence of our employees. For us, it is important to promote and incorporate young talent at an early stage. New employees have the possibility to start their career at VERBUND in form of the following options:
Qualified and motivated employees constitute the foundation of our success. This is why it is important to offer individual development opportunities and to emphasise a healthy work-life Balance.
In all company divisions, we follow the principle of sustainability. In electricity generation, we place emphasis on renewable energy sources water and wind. Thus, our power plants contribute to the reduction of CO2 emissions and towards climate protection. We invest in ecological measures, for example, fish bypasses, for the protection and improvement of biodiversity in connection with our power plants.
We take social responsibility by supporting charitable organisations and by promoting the transmission of knowledge at schools and universities.
Our offers for tourists are also dominated by the desire to transmit knowledge in form of guided tours. Our excursion goals offer a glance behind the scenes of electricity generation, emphasising the perfect blend of technology, nature and hydropower.