In 2019 the total energy consumption amounted to about 12,152 TJ (-8.5% compared to 2018)
In 2019, 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 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 81% of total consumption in decrease respect to 88% in 2018.
Energy consumption has decreased due to the the fact that, compared to 2018, the gas was imported from less energy-intensive routes.
In 2019 the total energy consumption stood at 12,152 TJ (-8.5% compared with 2018) in spite of an overall increase in the gas injected into the network (+3.5%). This result was facilitated by the fact that, compared to 2018, the gas was imported from less energy-intensive routes, namely there was less use of the North Africa backbone network.
In addition to natural gas, the other energy sources are electricity (3.5%) 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.
In 2019, TEP market activities concentrated on various lines of intervention, integrating energy efficiency solutions in domestic, tertiary and industrial sectors.
30 June 2020 - 18:23 CEST