The Gas Supply industry is expected to generate revenue of £17.5 billion in 2015-16, compared with £16.5 billion in 2010-11. This represents an estimated compound annual growth rate of 1.2% over the five-year period. Growth has occurred predominantly through higher gas retail prices, which have more than offset a fall in gas volumes. Sales volumes, which had already eased due to higher prices and the introduction of measures to reduce energy consumption and greenhouse gas emissions, fell sharply in response to the financial crisis. Demand from the industrial sector was also low during the economic downturn.
Firms in the industry purchase gas from the wholesale market and sell it to end users via the distribution network.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.