Inderscience Publishers

Corporate restructuring of the global energy industry, the next steps: the case of gas in Europe

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Courtesy of Inderscience Publishers

The European energy sector will undergo a wave of restructuring and reorganisation in the next 12 to 36 months. Deregulation at both the EU and national levels provides a catalyst, creating a range of new commercial forces that will require actors fundamentally to reappraise their business strategies. Companies will look for efficiency gains, economies of scale and scope, new approaches to risk management and a strategic positioning in the pan-European market. This will result in far-reaching structural changes in the industry, leading to a small number of large, vertically integrated energy companies with a wide spread of geographical interests. In this paper, we analyse these trends with reference to the European gas industry.

Keywords: Europe, energy, gas, power, structural change

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