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Energy consumption

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In 2020 the total energy consumption amounted to about 12,154 TJ (in line with 2019)

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In 2020, TEP market activities concentrated on various lines of intervention, integrating energy efficiency solutions in domestic, tertiary and industrial sectors. TEP is the company active in the energy efficiency sector acquired by Snam in 2018.

The energy used depends both on the amount of gas transported and on the point of entry into the national grid, which influences the route the gas must take to reach the distribution points and therefore affects the energy requirements of transport.

In 2020, energy consumption totalled 12,154 TJ (+0.02% in line with 2019). The energy mix is almost entirely composed of natural gas (95.4%), which is used for the operation of transport, storage and regasification plants, for heating buildings and for transport. The other sources used are electricity (3.8%), which is needed mainly for the operation of industrial sites, as well as for lighting and heating/air conditioning in offices and servers. Other fuels (diesel, gasoline, LPG) and heat, which together account for 0.8% of total energy consumption, are used for plant operation, heating and as fuel for the company fleet.

Energy consumption remained in line with that of 2019, despite the reduction in gas fed into the network, due to the use of more energy-intensive import backbones.

The trend in energy consumption in 2020 was strongly influenced by the activities of the core business: in the case of gas transportation, the use of more energy-intensive import backbones (North Africa backbone), compared to less energy-intensive ones (Northern Europe and Russia backbones), led to an increase in consumption, despite there being a reduction in gas injected into the network (-7% compared to 2019).
As regards the regasification business, the increase in the amount of regasified gas led to an increase in the consumption of the regasification plant (+4% compared to 2019) and a simultaneous reduction in consumption for storage (-6% vs. 2019), in line with the reduction of gas stored.

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.

In 2019, TEP market activities concentrated on various lines of intervention, integrating energy efficiency solutions in domestic, tertiary and industrial sectors.

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updated
28 April 2021 - 12:34 CEST