EQS-News: EVN makes significant progress in implementing its battery storage strategy

EQS-News: EVN AG / Key word(s): Miscellaneous
   EVN makes significant progress in implementing its battery storage
   strategy

   14.07.2026 / 16:06 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   EVN has already made significant progress in implementing the battery
   storage strategy which was presented in December 2025 as part of the
   Strategy 2030. It aims to install a battery storage capacity totalling
   300 MW by 2030 and unlock additional business opportunities through the
   flexibility management of EVN’s own renewable electricity generation.

   In Probishtip, North Macedonia, EVN recently reached an important
   milestone with the commissioning of the country's largest battery storage
   system. Installed capacity of 10 MW and storage capacity of 20 MWh also
   make it EVN’s largest project of this type to date. However, the
   development of the location is still not complete: The next expansion
   phase is expected to double the storage capacity to 40 MWh. This project
   underscores EVN’s ambitious expansion plans and its leading role for
   innovative energy storage solutions in its core markets.

   The commissioning of the storage facility in North Macedonia increased
   EVN’s large battery capacity to 22 MW. Expansion projects are also
   continuing in Lower Austria: Large battery storage facilities with a
   capacity of 70 MW and 16 MW, respectively, are currently under
   construction at the existing Theiss and Dürnrohr power plant locations. In
   line with the strategy to transform existing power plant sites into
   modern, multi-functional energy hubs, co-location storage will be built at
   existing photovoltaic and wind park locations. Such storage with a
   capacity of 3.4 MW is already in operation at the super-hybrid park in
   Trumau.

   The temporary storage of surplus electricity enables the generated energy
   to be marketed at an optimal time on the day-ahead or intraday markets.
   This increases the value creation from EVN’s own electricity generation
   and establishes the operation of large-scale battery storage facilities as
   an independent, economically attractive business model. At the same time,
   flexibility management makes a significant contribution to network
   stability.

   The software used for flexibility management was developed in-house by
   CyberGrid, a company specialised in energy management solutions which was
   acquired by EVN as a start-up several years ago and has since successfully
   been integrated in the group. This combination of battery storage
   infrastructure and proprietary software supports the development of value
   creation potential along the entire flexibility chain and strengthens
   EVN’s position in the increasingly decentralised energy market.

   As part of its Strategy 2030, EVN is investing EUR 1 bn annually in the
   transformation of the energy system. The expansion of storage technologies
   represents an integral part of this strategy and supports the continuous
   expansion and further flexibilization of renewable electricity generation.
   Other investment focal points for EVN include, in particular, the
   expansion and digitalisation of the network infrastructure and the
   expansion of the e-charging infrastructure.

   The progress achieved to date positions EVN well to realise its battery
   storage expansion plans on schedule and develop new earnings
   opportunities.

    

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   14.07.2026 CET/CEST This Corporate News was distributed by [1]EQS Group

   View original content: [2]EQS News

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   Language:    English
   Company:     EVN AG
                EVN Platz
                2344 Maria Enzersdorf
                Austria
   Phone:       +43-2236-200-12294
   E-mail:      [email protected]
   Internet:    www.evn.at
   ISIN:        AT0000741053
   WKN:         074105
   Indices:     ATX
   Listed:      Vienna Stock Exchange (Official Market)
   LEI Code:    529900P4JZBFEVNEAE60
   EQS News ID: 2365758


    
   End of News EQS News Service


   2365758  14.07.2026 CET/CEST

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