Abstract
Overview
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.
Report 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.