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Experience what our solutions have to offer with free access to highlights of our data, insights and analysis.
From start-ups to market leaders, access critical company intelligence on a global scale
From industry deep dives to global trends, access authoritative research from our experts
Uncover your next opportunity with trusted data & insights that cut across industries
Discover the disruptive forces shaping tomorrow's world, today
Explore our diverse collection of unique datasets and find the advantage you need
Get clarity into the latest emerging themes with our reports
Underground Gas Report
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.
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.