Underground Gas Report

Underground Gas Storage Industry Outlook in Europe to 2023

Who will dominate the underground gas storage industry in Europe?

Italy is expected to add around 249 billion cubic feet (bcf) of underground gas storage capacity between 2019 and 2023, from 14 planned and announced underground gas storage sites.

Italy is further adding new underground gas storage sites to ensure uninterrupted gas supply during peak winter season. The country is also planning to reduce carbon emissions by constructing more natural gas power plants, which will necessitate construction of new underground storage sites.

Europe is expected to add 49 planned and announced gas storage sites during the forecast period, with a total working gas capacity of 716 bcf in 2023.

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  • Why should you buy this report?
  • Gain the most up to date information available on all active, planned and announced gas storage sites in Europe.
  • Identify your growth segments and opportunities in the industry and apply these to your business strategies.
  • Strengthen your decision making on the basis of strong historic and outlook capacity data.
  • Assess your competitors’ key gas storage sites data and use this to your advantage.

Strengthen your business strategies with insight into the European Underground Gas Storage Industry

GlobalData’s “Underground Gas Storage Industry Outlook in Europe to 2023 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Storage Sites” provides comprehensive information on the underground gas storage industry in Europe.

The report provides key gas storage site details such as asset name, operator name, storage type, start year, working gas capacity, maximum withdrawal rate for all active, planned and announced underground gas storage sites to 2023.

The report also provides capital expenditure outlook by key countries, year on year, from 2019 to 2023.

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