Creating security of supply
We are sure: The energy transformation can only succeed if security of supply is guaranteed. Highly developed gas infrastructure, including storage facilities, means that enough energy is always available, even when the sun goes in or the wind stops blowing. Existing gas infrastructure, comprising storage, pipelines and wells, will form the backbone of an affordable renewable energy system in the future.
Austria’s gas storage facilities shoulder the responsibility for long term, large volume energy storage, ensuring that seasonal imbalances can be evened out. As energy generation from renewable sources grows, the need for large volume, seasonal storage capacity also increases, since it is required to balance out the seasonal swings from energy surplus (excess solar energy in summer) to deficit (increased demand due to low temperatures in winter). Storage enables established supply security to be maintained at all times. Industry and households still need energy supplies when the sun goes in or the wind stops blowing. Gas consumption by industry in 2030 is projected at around 40 terawatt hours (TWh). Already, today’s demand can only be met thanks to large volume, high performance energy storage facilities. Pumped storage and batteries play a useful part in in balancing hourly and daily demand. But to guarantee security of supply and compensate for seasonal fluctuations, gas storage is essential. RAG’s storage facilities have 500 times the capacity (71 TWh) of all of Austria’s pumped storage installations combined (0.14 TWh). This capacity can be drawn upon flexibly, at any time and rapidly to provide gas energy for power, heat and transportation – security of supply in action. In the sustainable energy system of the future, a range of different applications of storage technology will need to mesh together to meet Austria’s energy needs in the best possible way.
"Security of supply is the core issue for the energy sector. It is our mission, and we are committed to it unreservedly."