Magnets are essential components in various energy generation and storage technologies. In the European energy market, particularly in Austria, they are used in a variety of areas ranging from renewable energy generation to energy-efficient technologies.

Permanent magnet generators are used in wind turbines and are becoming increasingly popular due to their high efficiency and compact design. These generators utilise magnetic force to convert mechanical energy into electrical energy. A significant advantage of this technology is that it works efficiently even at low wind speeds, which increases the cost-effectiveness of the systems. In Austria, where wind power has a growing share in the energy mix, these technologies contribute to the achievement of climate targets and the diversification of energy sources.

Another important application of magnets is in electric mobility. Electric motors that use magnets are essential for the drive systems of electric vehicles. These motors offer high performance and efficiency, making them a favoured choice in the automotive industry. Austria is actively pursuing a strategy to promote electromobility, and the development of efficient electric motors is an essential part of this initiative.

In addition, magnets play a role in energy storage, particularly in the form of magnetic energy storage systems (MES). These systems utilise the properties of magnets to store energy in the form of kinetic energy. They are particularly advantageous for applications where rapid charge and discharge cycles are required, making them ideal for use in power supply applications. In times of high demand, these systems can quickly release energy to ensure grid stability.

Magnets are also used in transformers and electromagnets, which are essential for the conversion and distribution of energy. Transformers that utilise magnetic field changes are crucial for the efficient transmission of electrical energy over long distances. This technology makes it possible to transport electricity from power plants to consumers while minimising losses.

In terms of sustainability and energy efficiency, magnets are a key technology. Research and development in the field of magnetic materials and technologies is helping to further increase the efficiency of power generation plants and reduce their environmental impact. Innovative approaches to the use of recycled materials in magnet production can also reduce the ecological footprint.

To summarise, magnets play a crucial role in the European energy market, especially in Austria. Their applications in wind power, electromobility and energy storage are crucial for the transformation of the energy system towards more sustainability and efficiency. With the increasing importance of renewable energies and electric mobility, the role of magnets will continue to grow and adapt to the challenges and opportunities of the future energy supply.