21 February | Online

The energy transition is rendering future cash flows from gas transport and distribution increasingly uncertain. This experience will be very different depending on activity, transport or distribution, and geography & regulation, Italy, Spain or the UK. In view of such uncertainties, decarbonisation at Snam, Italgas and Enagas will be increasingly key to equity & debt investor returns.

Chris Moore, our European Power & Utilities Analyst, will look at how far gas network operators are Paris aligned; how realistic is decarbonisation with hydrogen; whether asset lives are appropriate with lower gas demand and net zero; whether regulators are sufficiently focused on decarbonisation. Above all, we assess the future of gas networks in a world increasingly dominated by renewables & electrification. Management from Snam will join us on the call.