Austria Energy Storage Market 2024-2030
As a result, our storage facilities in the former gas reservoirs are essential for a sustainable energy future due to their enormous energy potential and unparalleled adaptability.
Use of underground natural gas reservoirs is the safest and most efficient way of storing energy. Austria has geological structures that are ideal for gas storage. New supplies can be stored in these formations, where gas accumulated naturally over millions of years, at depths of more than 1,000 metres.
RAG has been using underground gas reservoirs to store energy for over 35 years. Expansion of gas storage in Upper Austria and Salzburg over the past 20 years has made these facilities a cornerstone of security of supply in Austria and Central Europe.
Austria's imports are transported along pipelines from Russia and Norway, and as LNG cargoes from all over the world. The amount of gas consumed by industry, power stations and households varies according to the season and time of day. Demand is much higher in winter than in summer, and more gas is used during the day than at night.
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