Introduction
EU energy market liberalization and increasing gas imports are major challenges facing gas Transmission System Operators (TSOs). Understanding the European gas transportation landscape is vital in comprehending the important role of gas TSOs in achieving a single European energy market.
Scope
A detailed investigation into the gas TSOs of the top 15 EU gas consuming markets. Insight and analysis of the impact of the EU Third Energy Package on gas TSOs. An examination of the profitability of the major EU gas TSOs.
Highlights
TSOs generate extremely high revenues, regardless of their ownership status. Despite regulatory pricing oversight, on the whole, TSOs generate higher profit margins than the major gas utilities in their respective markets. Storage and LNG facilities allow TSOs to compete outside their monopoly. TSOs can therefore provide storage services for base load and peakload demand to mitigate their regulatory risk. Stagnating gas production and growing consumption have led to greater import volumes through EU member states. This continuing trend means that gas transit is an important part of a TSO's operations.
Reasons to Purchase
Gain insight into the increasingly significant role of gas transit in the European gas landscape. Understand how the EU's Third Energy Package will impact gas TSOs. Comprehend the differences between ownership unbundling and independent system operators.