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The Company

RAG Austria AG is Austria’s largest energy storage company, and one of Europe’s leading gas storage facility operators

Our focus is on storage, conversion and demand based conditioning of energy in the form of gaseous energy carriers. The company has gas storage capacity of over 6.2 billion cubic metres of natural gas, or about 6% of total capacity in the EU. RAG has already converted large parts of its gas reservoirs into storages facilities. These can supply the stored energy at any time and at high capacity. Currently still used primarily for traditional natural gas, they will in future enable the seasonal storage of green gas such as hydrogen for withdrawal at high capacity and at any time. Therefore, RAG is living the vision of „sustainable energy mining“ and makes a major contribution to security of supply of Austria and Central Europe.

RAG operates and continues to develop a total of 11 pore storage facilities. These include two joint ventures – Haidach, co-owned (2.9bn cu m) and 7Fields, jointly owned (1.55bn cu m) – as well as the wholly owned Puchkirchen/Haag, Haidach 5, Aigelsbrunn and 7Fields (RAG) storage facilities, and research storage facilities in Pilsbach und Rubensdorf.

The company also develops leading edge energy technologies related to green gas that partner renewables. This is enabling RAG to play a vital role in attaining Austria’s ambitious climate goals, and in the sustainable stewardship of the country’s raw material and energy supplies. RAG aims to provide its customers with safe, efficient, environmentally friendly and affordable energy and gas storage services – sustainably and responsibly.

Video: Company profile