For years, RAG has been dealing with the decarbonisation and transformation of energy systems. At the same time, with the increasing expansion of energy from renewable sources, the demand for large-volume and seasonal storage will increase, compensating for the seasonal fluctuations in energy harvest (summer sun) and energy demand (winter) and providing the usual level of security of supply. It is a service that cannot be provided by pump storage plants or batteries. Gas storage can provide the solution.
RAG Austria AG is Austria’s largest gas storage company – making it the country’s biggest energy storage provider – and one of Europe’s leading gas storage facility operators.
This environmentally friendly process has three major advantages:
Carbon neutral
Renewable natural gas is carbon neutral if CO2 that is already present – for example, from burning biomass – is utilised and absorbed by the production process. This creates a sustainable carbon cycle.
Renewable energy becomes storable
Solar and wind power output fluctuates due to changing weather conditions, meaning that production cannot be adjusted to demand. The problem of storing renewable energy is solved by converting it into renewable natural gas.
Use of existing infrastructure
Infrastructure already in place can be used for the natural production process, as well as for underground storage in natural gas reservoirs, and environmentally friendly transportation to consumers.