Natural resources and energy
Austria has relatively few natural resources
besides hydropower and timber. Smaller assets are found
from, among others, iron ore and magnesite, as well as
oil, natural gas and lignite.
Iron ore is the most important mineral resource and
is extracted in two open quarries in Styria. Austria is
one of the world's largest producers of magnesite and
tungsten, although the extraction is not so great. There
are also deposits of plaster, graphite, quartz,
limestone, talc and salt.
Major exports by Austria with a full list of the top products exported by the country. Includes trade value in U.S. dollars and the percentage for each product category.
Oil and natural gas have been mined in the
Wienerbäckenet since the 19th century. The amount of oil
and natural gas produced today is relatively modest and
covers only 10–15 percent of the domestic demand. The
last lignite mine was closed in 2006.
The partially state-owned energy giant OMV (formerly
ÖMV) accounts for most of the domestic production of oil
and gas and is also an importer. In recent years, OMV
has bought into markets in Eastern and Central Europe as
well as in Turkey.
Abbreviationfinder: A popular acronym site in the world covering abbreviation for each country. For example, AT stands for Austria. Visit itypeusa for more information about Austria.
Hydropower from several hundred power plants in the
rivers accounts for about 60 percent of electricity
generation. The use of other renewable energy sources
such as biofuels and wind and solar power is also
A nuclear power plant was built in the 1970s but was
never put into operation: in a 1978 referendum, 50.5
percent of voters said no to nuclear power. Austria has
since worked for a Central Europe without nuclear power.
Most of the total energy demand is covered by
imports. A large part of gas imports come from Russia.
FACTS - ENERGY AND ENVIRONMENT
Energy use per person
3 802 kilos of oil equivalents (2015)
Electricity consumption per person
8361 kilowatt hours, kWh (2014)
Carbon dioxide emissions in total
58 712 thousand tons (2014)
Carbon dioxide emissions per inhabitant
6.9 tons (2014)
The share of energy from renewable sources
34.4 percent (2015)
FPÖ candidate loses presidential election
Alexander Van der Bellen wins the presidential election with about 53 percent
of the vote, against about 46 percent for Norbert Hofer from FPÖ.
Presidential elections are postponed
Problems with election envelopes that cannot be closed due to insufficient
glue mean that the presidential election, which was held on October 2, will be
moved to December 4.
Trial is pending against ex-finance minister
Prosecutors announce charges against Karl-Heinz Grasser, who was finance
minister in the bourgeois government from 2000 to 2007 and who is accused of
fraud and corruption in connection with the sale of apartments from the
state-owned real estate company Buwog (see Modern history). The trial is
expected in 2017.
The National Council takes over the presidency
President Fischer's term of office expires. The presidency is temporarily
taken over by Parliament's Lower House (National Council) Bureau under the
leadership of Doris Bures.
New presidential election in October
The second round of the presidential election will be held on October 2.
The presidential election is rejected
The Constitutional Court decides that the second round of presidential
elections must be reassigned. The Court finds no evidence of cheating, but on
the other hand, there were so many errors in dealing with the approximately
700,000 postal votes that the final result can be called into question.
According to the court, 78,000 voting envelopes were opened in 14 districts
prematurely, which according to the court may have allowed cheating. By the
court's ruling, Van der Bellen cannot take office on July 8 as planned. Current
President Fischer resigns when his term expires but is replaced by a provisional
council of parliamentarians.
FPÖ questions election results
Representatives of the FPÖ turn to the Constitutional Court because they
believe that mistakes were made in connection with the vote. The court has four
weeks to investigate the case.
Even presidential elections
Both candidates for the presidential post, FPÖ's Norbert Hofer and Alexander
Van der Bellen of the Greens, both get around 50 percent of the vote when the
voting is largely completed. Only when the postal votes have gone through, it is
clear that Van der Bellen won by only 31,000 votes over Hofer.
Christian Kern becomes new Chancellor
Kern is a social democrat like Faymann. He conducts a government reform in
connection with the entry.
Chancellor Faymann resigns
Vice Chancellor Reinhold Mitterlehrer temporarily takes over the post of head
of government. Werner Faymann also resigns as party chairman for SPÖ (see
further Current policy).
Parliament adopts new immigration law
The law is considered to be one of Europe's toughest and allows the
government to proclaim emergency permits if the number of migrants increases and
also to reject asylum seekers directly at the border.
FPÖ's candidate wins first round of presidential election
Norbert Hofer receives 35 percent of the vote. In the second round, he will
meet De Greens' Alexander Van der Bellen, who gets 21 percent. An independent
candidate, Irmgard Griss takes home 19 percent, while the candidates from SPÖ
and ÖVP receive only 11 percent each.
Theater set with refugees stormed by right-wing extremists
About 30 supporters of the right-wing extremist movement Identitaere cancel
an ongoing play at a theater in Vienna where the actors are refugees. The
right-wing extremists spray blood on the audience.
Limitation for asylum seekers
The Government introduces new restrictions on refugee reception. Per day, a
maximum of 80 migrants should be allowed asylum in the country and a maximum of
3,200 people will be allowed to pass through the country on their way to
Asylum applications have tripled
The Government announces that a ceiling for the refugee reception should be
set at approximately 37,500 refugees annually over the next four years. In 2015,
90,000 asylum seekers in Austria, compared with 28,000 the year before.