Transformers, charging stations, flooding: Linz AG is investing 217 million euros

This year, the municipal Linz AG is investing 30 percent more than last year in the areas of energy, service, transport and telecommunications. The 217 million euros are a record. “And we are making these investments on our own, i.e. without new net debt,” said Linz AG General Director Erich Haider.

The largest chunk is 120.6 million euros for the energy sector. The electricity network will be expanded and modernized by 76.5 million euros. Haider said they ordered 600 transformers early on, at a time when they didn’t have to accept delivery times of up to 72 weeks.

Further investments in the networks are important in terms of security of supply; at Linz AG the number of photovoltaic feeders has increased from 3,000 to 16,000 in three years. Although there are sometimes restrictions on the feed-in power for individuals, for example if one has to wait for an infrastructure measure, Linz Ag never has a zero feed-in due to overloaded networks, said Haider.

District heating for 2000 apartments

District heating will be expanded by 25 million euros. Another 2,000 apartments are to be connected this year. The tendering process for plant construction is currently underway for the heat converter project, which is intended to decarbonize district heating generation more. In the future, the waste heat from the exhaust air that arises from energy production with biomass and residues will be made usable for the district heating network.

• You might also be interested in: Linz AG is allowed to make district heating more expensive by eight percent

When it comes to electromobility, 300 charging points are to be added to the existing 1,000 this year, half public and half in garages. Liwest’s investment volume is 18.9 million euros.

20.5 million euros will flow into the port of Linz, including flood protection measures. Linz AG also invests in water pipes and canals.

Linz Linien: New bus fleet

Linz Linien is spending 13 million euros this year, 7.2 million of which will be spent on expanding the new bus fleet.

The mayor of Linz and Linz-AG supervisory board chairman Klaus Luger emphasized that the company has invested more than two billion euros since it was founded in 2000 and that this benefits the regional economy. “Through all the crises, Linz AG was a stable economic factor.”

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