The Vienna Hub Ensures Energy for All
Vienna as an Energy Hub
Vienna is currently home to the headquarters and offices of ten international organisations and NGOs that focus on a wide range of energy issues and have joined to form the Vienna Energy Club. Every two years, three of these organisations – the United Nations Industrial Development Organization (UNIDO), the International Institute for Applied Systems Analysis (IIASA) and Sustainable Energy for All (SE4ALL) – organise the Vienna Energy Forum. Vienna thus fulfils an important function as an international energy hub that provides highly relevant impetus to facilitate global energy policy-making.
For more than 50 years, the Organization of the Petroleum Exporting Countries (OPEC) has contributed towards stabilising the oil market for the benefit of producers and end users as well as towards minimising price fluctuations attributable to external and internal factors. The International Peace Institute (IPI) and the OSCE are engaged also in the energy field in encouraging active dialogue and sharing their expert knowledge on peace building. For ten years now the Energy Community has developed binding European legislation for EU neighbouring states such as Ukraine and the countries of the Western Balkans – “European Energy Law made in Vienna“, so to speak.
Numerous Vienna-based organisations are actively engaged in extending the use of renewable energy and increasing energy efficiency in order to reduce CO2 emissions and counter climate change.