The pumped storage power plant “Energiespeicher Riedl” has received official approval after more than a decade of review, Verbund has announced.
The project, with a capacity of 300MW, has been in the planning process since 2012 and has been repeatedly recognized by the European Commission as a priority for the energy transition.
On September 16, 2025, Bavarian Prime Minister Markus Söder handed over the planning approval decision to VERBUND CEO Michael Strugl and the project management team of the Danube power plant Jochenstein. The ceremony was also attended by State Minister Hubert Aiwanger, Environment Minister Thorsten Glauber, and District Administrator Raimund Kneidinger.
With the Riedl project, VERBUND’s planned investment in Bavarian hydropower will rise to about €1.7 billion by 2030. Construction is set to begin in early October 2025 with ecological measures on the Austrian side near the Riedl site.
VERBUND recently announced the official opening of the Limberg III pumped storage power plant in Austria. The company invested around €572 million in the project.