Technical FAQs 4

Does Austria have a market for energy storage technologies?

A study 1 carried out by the University of Applied Sciences Technikum Wien, AEE INTEC, BEST and ENFOS presents the market development of energy storage technologies in Austria for the first time.

What is the largest energy company in Austria?

OMV AG, a multinational integrated oil, gas and petrochemical company, is the largest energy business in Austria, with a turnover of €36 billion in 2021.

How many photovoltaic battery storage systems are there in Austria?

Of these, approx. 94% were built with public funding and 6% without. The total inventory of photovoltaic battery storage systems in Austria therefore rose to 11,908 storage systems with a cumulative usable storage capacity of approx. 121 MWh.

Who is Rag Austria AG?

RAG Austria AG is Austria’s largest energy storage company, and one of Europe’s leading gas storage facility operators. Our business focus is market driven storage, conversion and conditioning of energy in gaseous forms. We also develop leading edge energy technologies related to green gas like hydrogen that partner renewables.

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