On 18 November 2022, the Austrian Federal Government announced the key points related to the national implementation of the EU Emergency Measures Regulation on the absorption and redistribution of surplus proceeds. In future, a price cap of EUR 140.0/MWH, possibly higher if additional direct costs can be established, will be imposed on electricity producers. There will also be an input credit for investments into renewable energies and energy efficiency. These regulations come into effect on 1 December 2022 in Austria and will apply until 31 December 2023. An initiative for the new Energy Crisis Levy Act was already submitted to the National Council and a resolution is expected in December.
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