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New Capacities

Starting 1 April 2014 the Storage facility Nussdorf/Zagling started being operative. That increased the storage capacities within the RAG-storage pool by 10 percent. For these capacities a connection to both the German and the Austrian market area was built which constitutes a major contribution to security of supply and market integration.

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Europe’s energy supply sector is facing an exciting future.

Natural gas and gas infrastructure will play a central role in this new era. Gas storage facilities will have a particularly important part to play, owing to the demand for flexibility created by new energy sources and increased reliance on energy trading. In response to these needs, on 1 January 2013 Rohöl-Aufsuchungs Aktiengesellschaft (RAG) formed a modern, customer friendly subsidiary, RAG Energy Storage, to market its storage capacity.

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Gas storage facilities fulfil a variety of functions on the energy market.

Apart from their conventional function of balancing gas demand swings, storage facilities are playing an increasingly important role as a means of storing other forms of energy. They are crucial to the use of renewable energy sources such as wind and solar. The higher the share of renewables in the power mix, the larger are the gas stocks that must be held in reserve to enable standby generating stations to kick in whenever unfavourable weather conditions prevent wind turbines or solar arrays from producing electricity. Generation at gas-fired power stations, using natural gas in storage, compensates for the swings in renewable generation.

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