The Western European Gas Market Outlook 2009: Country profiles of supply, demand, regulation and infrastructure

The Western European Gas Market Outlook 2009
Growth strategies, performance and SWOT analyses

Report Overview

European gas demand was volatile through 2008, with some countries seeing slight declines in demand. However, the longer term forecast is continued growth for the Western European gas market as new gas-fired power plants come on-stream.

‘The Western European Gas Market Outlook 2009’ is a newly updated management report that examines the role of gas within each of the major Western European utilities markets and analyses the differences that exist in terms of gas self sufficiency, and future growth of demand. This report provides new and updated analysis of 19 Western European gas markets, with detailed data on supply and demand balances. Each country profile features supply and demand overviews, an examination of key governmental, legal and political influences on the sector and an analysis of wholesale trading and the pipeline, LNG and storage infrastructure.

Key Findings

Gas is a significant energy source in Austria’s primary energy mix, currently accounting for 26% of primary energy consumption. At present, an estimated 20% of Russian gas exports are routed through Austria, providing the country with a greater security of supply.

Germany has a large number of active players in the ownership and operation of gas distribution, transmission and storage. Distribution is particularly fragmented, with an estimated 700 regional distribution companies known as Stadtwerke.

Fortum has been expanding its role in the Finnish gas market and now owns 31% of Gasum, Finland's main gas company and operator of the national gas grid

Italy is a major consumer of gas, which now accounts for 39% of primary energy demand. Supply sources are highly diversified, with pipeline gas sourced from the Netherlands, Russia, Norway and Algeria, as well as LNG delivered from Algeria and Nigeria.

Strong demand growth and a liberalized market have made Spain an attractive target for European gas players. Gas Natural’s position has been eroded by foreign players such as Eni and E.ON, in addition to other domestic utilities players including Union Fenosa and Iberdrola.

Key features

• Profiles of each country’s gas infrastructure including transit and distribution pipelines and their ownership, storage capacities and full colour maps of gas grids.

• An understanding of Western European gas regulation, including local legislation, competitive conditions and market reforms.

• Gas supply data in billion cubic metres as well as production, pipeline imports and exports by country and LNG imports.

• Gas demand data by consumer type divided into residential, non-residential and power generation in billion cubic metres.

• An overview of wholesale gas trading market in each country focussing on the market owners and operators, the active players, liquidity and future prospects.

• Gas demand forecasts for each country to 2020, in addition to market trends detailing gas production and demand by sector.

Report Highlights

[Studien Infos ausblenden]

Table of Contents
The Western European Gas Market Outlook 2009
Chapter 1 Austria 14
Market summary 14
Supply and demand balance 15
Supply overview 16
Demand overview 18
Regulatory structure 20
Wholesale trading 22
Infrastructure 23
Pipelines 23
Storage 24
Chapter 2 Belgium 28
Market summary 28
Supply and demand balance 29
Supply overview 30
Demand overview 31
Regulatory structure 33
Wholesale trading 34
Infrastructure 35
Pipelines 35
LNG 37
Storage 38
Chapter 3 Cyprus 40
Market summary 40
Chapter 4 Denmark 44
Market summary 44
Supply and demand balance 45
Supply overview 46
Demand overview 47
Regulatory structure 48
Wholesale trading 49
Infrastructure 50
Storage 51
Chapter 5 Finland 54
Market summary 54
Supply and demand balance 55
Supply overview 56
Demand overview 56
Regulatory structure 58
Chapter 6 France 62
Market summary 62
Supply and demand balance 63
Supply overview 64
Demand overview 65
Regulatory structure 67
Wholesale trading 68
Infrastructure 69
LNG 69
Pipeline infrastructure 69
Storage 71
Chapter 7 Germany 74
Market summary 74
Supply and demand balance 75
Supply overview 76
Demand overview 77
Regulatory structure 79
Wholesale trading 82
Infrastructure 83
Pipelines 83
Storage 86
Chapter 8 Greece 88
Market summary 88
Supply and demand balance 89
Supply overview 90
Demand overview 91
Regulatory structure 93
Infrastructure 94
Pipelines 94
LNG 96
Chapter 9 Ireland 98
Market summary 98
Supply and demand balance 99
Supply overview 100
Demand overview 102
Regulatory structure 104
Infrastructure 105
Pipelines 105
Storage 106
Chapter 10 Italy 110
Market summary 110
Supply overview 112
Demand overview 113
Regulatory structure 115
Wholesale trading 118
POGAS 118
IGEX 118
Infrastructure 119
Pipelines 119
Storage 121
LNG 122
Chapter 11 Luxembourg 126
Market summary 126
Supply and demand balance 127
Supply overview 128
Demand overview 128
Regulatory structure 130
Infrastructure 130
Chapter 12 Malta 134
Market summary 134
Chapter 13 The Netherlands 136
Market summary 136
Supply and demand balance 137
Supply overview 138
Demand overview 140
Regulatory structure 141
Wholesale trading 143
Infrastructure 144
Pipelines 144
Storage 145
LNG 146
Chapter 14 Norway 150
Market summary 150
Supply and demand balance 151
Supply overview 152
Demand overview 153
Regulatory structure 154
Infrastructure 156
Chapter 15 Portugal 160
Market summary 160
Supply and demand balance 161
Supply overview 162
Demand overview 163
Regulatory structure 164
Infrastructure 166
Pipelines 166
LNG 166
Storage 167
Gas fired power 167
Chapter 16 Spain 170
Market summary 170
Supply and demand balance 171
Supply overview 172
Demand overview 174
Regulatory structure 175
Wholesale trading 176
Infrastructure 177
Pipeline 177
Pipeline developments 178
LNG 178
Storage 179
Chapter 17 Sweden 182
Market summary 182
Supply and demand balance 183
Supply overview 184
Demand overview 184
Regulatory structure 186
Infrastructure 187
Pipelines 187
Chapter 18 Switzerland 190
Market summary 190
Supply and demand balance 191
Supply overview 192
Demand overview 193
Regulatory structure 195
Infrastructure 197
Pipeline 197
Chapter 19 United Kingdom 200
Market summary 200
Supply and demand balance 201
Supply overview 202
Demand overview 204
Regulation 205
Wholesale trading 207
Infrastructure 208
Pipelines 208
LNG 210
Storage 211
Appendix 213
Definitions 213
[Inhaltsverzeichnis ausblenden]

List of Tables
Table 1.1: Austria, Gas supply and demand balance (bcm), 2007-08e* 15
Table 1.2: Austria, storage sites 25
Table 2.3: Belgium, gas supply and demand balance (bcm), 2007-08e* 29
Table 2.4: Belgium, storage sites 38
Table 4.5: Denmark, gas supply and demand balance (bcm), 2007-08e* 45
Table 4.6: Denmark, storage sites 51
Table 5.7: Finland, gas supply and demand balance (bcm), 2007-08e* 55
Table 6.8: France, gas supply and demand balance (bcm), 2007-08e* 63
Table 6.9: France, LNG infrastructure (bcm) 69
Table 6.10: France, LNG infrastructure 71
Table 7.11: Germany, gas supply and demand balance (bcm), 2007-08e* 75
Table 7.12: Germany, storage sites 86
Table 8.13: Greece, gas supply and demand balance (bcm), 2007-08e* 89
Table 9.14: Ireland, gas supply and demand balance (bcm), 2007-08e* 99
Table 9.15: Ireland, transmission grid 107
Table 10.16: Italy, gas supply and demand balance (bcm), 2007-08e* 111
Table 10.17: Italy, storage sites 122
Table 10.18: Italy, LNG infrastructure 123
Table 11.19: Luxembourg, Gas supply and demand balance (bcm), 2007-08e* 127
Table 13.20: The Netherlands, gas supply and demand balance (bcm), 2007-08e* 137
Table 13.21: The Netherlands, storage sites 145
Table 14.22: Norway, gas supply and demand balance (bcm), 2007-08e* 151
Table 15.23: Portugal, gas supply and demand balance (bcm), 2007-08e* 161
Table 16.24: Spain, gas supply and demand balance (bcm), 2007-08e* 171
Table 16.25: Spain, LNG infrastructure 178
Table 16.26: Spain, storage sites 180
Table 17.27: Sweden, gas supply and demand balance (bcm), 2007-08e* 183
Table 18.28: Switzerland, Gas supply and demand balance (bcm), 2007-08e* 191
Table 19.29: UK, gas supply and demand balance (bcm), 2007-08e* 201
List of Figures
Figure 1.1: Austria, gas production (bcm), 1990-2008e 17
Figure 1.2: Austria, gas import supply sources (%), 2008e 17
Figure 1.3: Austria, gas sectoral demand (%), 2008e 18
Figure 1.4: Austria, gas historical and forecast demand (bcm), 1990-2020 19
Figure 1.5: Austria, gas grid 25
Figure 2.6: Belgium, total gas import (bcm), 1990-2008e 30
Figure 2.7: Belgium, gas pipeline import supply sources (%), 2008e 31
Figure 2.8: Belgium, gas sectoral demand (%), 2008e 32
Figure 2.9: Belgium, gas historical and forecast demand (bcm), 1990-2020 32
Figure 4.10: Denmark, gas production (bcm), 1990-2008e 46
Figure 4.11: Denmark, gas sectoral demand (%), 2008e 47
Figure 4.12: Denmark, gas historical and forecast demand (bcm), 1990-2020 48
Figure 5.13: Finland, gas sectoral demand (%), 2008e 57
Figure 5.14: Finland, historical and forecast demand (bcm), 1990-2020 57
Figure 5.15: Finland, gas grid 59
Figure 6.16: France, gas production (bcm), 1990-2008e 64
Figure 6.17: France, gas import supply sources (%), 2008e 65
Figure 6.18: France, gas sectoral demand (%), 2008e 66
Figure 6.19: France, gas historical and forecast demand (bcm), 1990-2020 66
Figure 6.20: France, transmission grid 72
Figure 7.21: Germany, gas production (bcm), 1990-2008e 77
Figure 7.22: Germany, gas sectoral demand (%), 2008e 78
Figure 7.23: Germany, gas historical and forecast demand (bcm), 1990-2020 78
Figure 8.24: Greece, gas production (bcm), 1990-2008e 90
Figure 8.25: Greece, gas import supply sources (%), 2008e 91
Figure 8.26: Greece, gas sectoral demand (%), 2008e 92
Figure 8.27: Greece, gas historical and forecast demand (bcm), 1990-2020 92
Figure 8.28: Greece, gas grid 96
Figure 9.29: Ireland, gas production (bcm), 1990-2008e 102
Figure 9.30: Ireland, gas sectoral demand (%), 2008e 103
Figure 9.31: Ireland gas, historical and forecast demand (bcm), 1990-2020 103
Figure 10.32: Italy, gas production (bcm), 1990-2008e 112
Figure 10.33: Italy, gas import supply sources (%), 2008e 113
Figure 10.34: Italy, gas sectoral demand (%), 2008e 114
Figure 10.35: Italy, gas historical and forecast demand (bcm), 1990-2020 114
Figure 10.36: Italy, Gas Infrastructure 124
Figure 11.37: Luxembourg, gas import supply sources (%), 2008e 128
Figure 11.38: Luxembourg, gas sectoral demand (%), 2008e 129
Figure 11.39: Luxembourg, gas historical and forecast demand (bcm), 1990-2020 129
Figure 11.40: Luxembourg, gas grid 131
Figure 13.41: The Netherlands, gas production (bcm), 1990-2008e 139
Figure 13.42: The Netherlands, gas import supply sources (%), 2007e 139
Figure 13.43: The Netherlands, gas sectoral demand (%), 2008e 140
Figure 13.44: The Netherlands, gas historical and forecast demand (bcm), 1990-2020 141
Figure 13.45: The Netherlands, gas network 146
Figure 14.46: Norway, gas production (bcm), 1990-2008e 152
Figure 14.47: Norway, gas sectoral demand (%), 2008e 153
Figure 14.48: Norway, gas historical and forecast demand (bcm), 1990-2020 154
Figure 14.49: Norway, gas export infrastructure 157
Figure 15.50: Portugal, gas import supply sources, 2008e 162
Figure 15.51: Portugal, gas sectoral demand (%), 2008e 163
Figure 15.52: Portugal, gas historical and forecast demand (bcm), 1990-2020 164
Figure 16.53: Spain, gas production (bcm), 1990-2008e 173
Figure 16.54: Spain, gas import supply sources (%), 2008e 173
Figure 16.55: Spain, gas sectoral demand (%), 2008e 174
Figure 16.56: Spain, gas historical and forecast demand (bcm), 1990-2020 175
Figure 16.57: Spain, gas grid 179
Figure 17.58: Sweden, gas sectoral demand (%), 2008e 185
Figure 17.59: Sweden, gas historical and forecast demand (bcm), 1990-2020 185
Figure 17.60: Sweden, gas grid 188
Figure 18.61: Switzerland, gas import supply sources (%), 2008e 193
Figure 18.62: Switzerland, gas sectoral demand (%), 2008e 194
Figure 18.63: Switzerland, gas historical and forecast demand (bcm), 1990-2020 195
Figure 18.64: Switzerland, gas grid 198
Figure 19.65: UK, gas production (bcm), 1990-2008e 203
Figure 19.66: UK, gas import supply sources (%), 2008e 203
Figure 19.67: UK, gas sectoral demand (%), 2008e 204
Figure 19.68: UK, gas historical and forecast demand (bcm), 1990-2020 205
Figure 19.69: UK, gas grid 212
[Tabellenverzeichnis ausblenden]