In May 2018, following the obtainment of antitrust clearance, Snam completed the acquisition of a controlling stake, equal to 82% of the capital, of TEP Energy Solution (TEP), a company active in the energy efficiency sector. The acquisition is part of Snam's strategic plan, aimed at encouraging decarbonisation and better use of energy
In 2018 the total energy consumption amounted to about 13,281 TJ (+ 5.6% compared to 2017)
The use of natural gas as the main source of energy allows Snam group to limit pollutants and greenhouse gases emissions into the atmosphere.
Snam's main energy consumption is attributable to gas turbines used in compression plants that provide the pressure needed to transport gas (thrust consumption) and in storage concessions (storage consumption) which, overall, represent the 88% of total consumption.
Energy consumption has increased due to the increase in the gas injected into the network and to the different network arrangement needed to meet the gas hourly requirement mode.
In 2018, the energy consumption amounted to around 13,281 TJ (+5.6% compared with 2017). This surge is mainly due to the greater quantity of gas stored in deposits (+9% compared to 2017).
In addition to natural gas, the other energy sources are electricity (2.8%) and other fuels (diesel fuel, gasoline, lpg and heat), which together amount to 0.8% of the total consumption.
Energy consumption (TJ)
Energy consumption by activity (%)
The acquisition of TEP, announced on 23 February, is part of Snam's strategic plan aimed at promoting decarbonisation and a better use of energy in the areas in which it operates.
In May 2018, following the obtainment of antitrust clearance, Snam completed the acquisition of a controlling stake, equal to 82% of the capital, of TEP Energy Solution (TEP), a company active in the energy efficiency sector. TEP is one of the largest Esco (Energy Service Companies) in Italy, with over 200 clients from leading national and international companies and 950 thousand efficiency certificates. The company's mission, which doesn't deal and it's not going to deal with the production and sale of electricity and gas, is to make its customers more competitive by reducing energy costs through the optimization of the quantities used. The acquisition is part of Snam's strategic plan, aimed at encouraging the decarbonisation and a better use of energy and the goal is to accelerate the growth process of TEP, with the support of the company's management, facilitating the transfer of skills and energy efficiency technologies from large industry to small and medium-sized enterprises and local authorities.
12 April 2019 - 12:14 CEST