Bain uses cookies to improve functionality and performance of this site. More information can be found in our Privacy Policy. By continuing to browse this site, you consent to the use of cookies.

We have limited Spanish content available. View Spanish content.

Snap Chart

Decarbonization Could Boost Europe’s Midstream Operators

Consumption of natural gas has slowed in Europe, hurting revenue. That may change as sectors go green.

Snap Chart

Decarbonization Could Boost Europe’s Midstream Operators
en

Europe’s natural gas midstream operators are facing a decline in revenue but also some new opportunities as economies reduce their carbon output. Consumption of natural gas in Europe declined by 10% between 2008 and 2017, partly due to the rise of renewable energy sources. This decline hampered revenue growth, which fell from a 3.8% compound annual growth rate in 2008–2013 to a drop of 3.4% in 2015–2017. Soon, however, demand for new natural gas infrastructure could rise. For example, Europe’s Natural Gas Vehicle Association forecasts that 10% of passenger cars, 20%–25% of trucks and 30% of buses will run on natural gas by 2030, creating the need for more infrastructure to bring natural gas to those drivers.

Andrea Isabella and Roberto Nava are partners with Bain & Company in Milan, working with the Global Energy & Natural Resources practice.

Read the Bain Brief

Europe’s Midstream Infrastructure Enters a Greener Era

The energy transition will create new opportunities for transmission system operators.

Tags

Want to continue the conversation

We help global leaders with their organization's most critical issues and opportunities. Together, we create enduring change and results