RAG deploys advanced technology to produce eco-friendly natural gas with minimum impact on the environment, and researches and develops the production of renewable gas. Hydrogen made using wind and solar energy is converted into methane underground, in natural gas reservoirs, and large amounts of this gas can be stored. The company also continues to implement geothermal energy projects.
RAG stores large volumes of gaseous energy (methane and hydrogen) in natural underground reservoirs. The gas storage facilities operated by RAG, with a combined capacity of 6 billion (bn) cubic metres (cu m), are vital to security of supply in Austria and Europe. The company’s storage capacity is marketed by its subsidiary RAG Energy Storage GmbH.
We provide our customers with reliable storage services, 24 hours a day, 365 days a year. We deliver flexible and import-independent supplies of our own natural gas and geothermal energy which are secure because they are domestically produced. In the sector of mobility, our liquefied natural gas (LNG) and compressed natural gas (CNG) filling stations offer environmentally friendly fuels.
The 100% subsidiary RAG Exploration & Production GmbH focuses on national oil exploration.
Since 2017, RAG Austria AG has been committed to sustainable geothermal projects as part of the 50% stake in Silenos GmbH, together with the STRABAG Group.