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Italgas for transition

Our business and sustainability strategies focus on significant investments to shape the gas industry of the future, supporting the ecological transition

We are a leader in gas distribution in Italy and Greece, and with the acquisition of 2i Rete Gas—set to be finalized in the first half of 2025—we will strengthen our position and create the leading European entity in this sector. Our infrastructure plays a central role in the ecological transition, driving the decarbonisation of the economy and consumption in line with the climate targets set by the European Union.

Our Industrial Plan for 2024-2030 outlines a major investment programme totaling €15.6 billion. This plan focuses on integrating 2i Rete Gas and advancing the development, digitisation, and repurposing of infrastructure in Italy and Greece, while continuing to strengthen our presence in the water sector and energy efficiency.

The expanded size of the Group, combined with our expertise in innovation and digitisation, will empower us to lead the ecological transition. Digital transformation is a crucial driver for decarbonising the gas sector and advancing renewable gases. We are building a smart, digital, and flexible network that can accommodate and manage biomethane, and, in the longer term, hydrogen and synthetic methane. This will enhance the flexibility and resilience of the entire energy system. Furthermore, the application of artificial intelligence across all the Group’s activities will accelerate this next phase of digital transformation.

 

In the context of a ‘Network Tech Company‘, we leverage our distinctive skills to advance the water sector, developing a smart, efficient, and intelligent network that guarantees high service quality for the communities we serve.

Our strategic plan aims to build a Group of approximately 6,500 people, with the goal of serving around 14.9 million gas distribution customers by 2030. This Group will have the capacity to deploy planning, investment, and value-creation capabilities in support of the United Nations Sustainable Development Goals (SDGs).

The vision and strategic choices made in recent years put Italgas in a position to contribute significantly to the energy transition process thanks to digitised, flexible and intelligent networks capable of accommodating renewable gases that enable diversification of sources, decarbonisation of consumption and greater efficiency and economy

Paolo Gallo

Chief Executive Officer

Gas in the Energy Transition

Gas remains a central energy carrier during the transition phase, ensuring the stability of the energy system while renewable sources, which are progressively integrated into the electrical grid, remain non-programmable. As the share of renewable energy increases, so does the need for flexibility and energy storage. In this context, gas networks play a strategic role in decarbonisation due to their wide reach and ability to provide flexibility to the system. Specifically:

  • In the short term, gas networks will support the gradual phase-out of coal, lignite, and oil.
  • In the medium to long term, they will facilitate the replacement of fossil gas with renewable gases such as biomethane, green hydrogen, and synthetic methane.

Gas in the energy transition

The strategic choices made by the Group in recent years have positioned us ahead of national and EU institutions in their approach to decarbonisation and the reduction of climate-changing gas emissions. Gas infrastructures, with their low carbon footprint, extensive coverage, and system flexibility, will play a crucial role in the decarbonisation process. In the short term, these infrastructures will support the phase-out of coal, lignite, and oil. In the medium to long term, they will enable the gradual replacement of fossil gas with renewable gases such as biomethane, green hydrogen, and synthetic methane.
The integration of the Strategic Plan and the Sustainable Value Creation Plan underscores our commitment to enhancing all facets of sustainability, from fighting climate change to generating value for stakeholders, including shareholders and local communities.

The focal points of our industrial plan 2024-2030

  • Acquisition of 2i Rete Gas

    We play a key role in consolidating gas distribution in Italy, helping to create a leading European entity in the sector.

  • EUR 15.6 billion investment

    A 92% increase compared to the previous plan, with enhanced visibility and a reduced reliance on tenders.

  • Widespread application of Artificial Intelligence

    A new phase of digital transformation starts, driving the acceleration of the ecological transition

  • Other opportunities

    We will keep expanding in the water sector and advancing energy efficiency

    Our business areas departments

    • Gas distribution

      Gas distribution is the core of our business. We will continue to develop our infrastructure in Italy and Greece, including 2i Rete Gas

    • Water Service

      We have become an important player in the water sector in Italy. We are committed to improving the management of water resources and modernizing the infrastructures we manage, leveraging on the extensive experience gained in the gas distribution sector.

    • Energy Efficiency

      We propose advanced and innovative solutions to optimize the use of energy, promoting sustainable energy practices to reduce our environmental impact and that of our customers.

    • Digital Services

      With the development of digital technologies we optimize our processes, but we are also able to offer advanced services to our customers.

    • Artificial Intelligence

      The integration of artificial intelligence across all Group activities will propel a new phase of digital transformation, accelerating the ecological transition.

    Our Activities

    Today, Italgas is an international Network Tech Company, a European leader in the gas sector, and also a key player in water services, energy efficiency, and information technology, with a strong focus on innovation and digitalisation.

    Environmental sustainability objectives

    Environmental sustainability is integrated into our business strategies, with precise targets for 2028 and up to 2030.

    • NET ENERGY CONSUMPTION
      -27% in 2028

      compared to 2020

    • NET ENERGY CONSUMPTION
      -33% in 2030

      compared to 2020

    • GREENHOUSE GAS EMISSIONS
      -34% by 2028

      For scope 1 and 2 emissions, compared to 2020

    • GREENHOUSE GAS EMISSIONS
      -42% by 2030

      For scope 1 and 2 emissions, compared to 2020

    • GREENHOUSE GAS EMISSIONS
      -30% by 2028

      For indirect emissions and the supply chain.

    • GREENHOUSE GAS EMISSIONS
      -33% by 2030

      For indirect emissions and the supply chain.

    Italgas title for the future of the planet

    We leverage the digital transformation of networks and processes to achieve the energy transition and decarbonisation.

    Italgas in Europe

    In the context of promoting the energy transition and collaboration between companies and institutions, in 2018 we were among the founding members of GD4S (Gas Distributors for Sustainability), the European association of major gas distribution companies:

    • Distrigaz Sud Retele in Romania
    • Enaon in Grecia
    • Floene in Portogallo
    • Gas Networks Ireland in Irlanda
    • GRDF in Francia
    • Nedgia in Spagna
    • Enexis Groep, Alliander e Stedin Groep in Olanda

    In addition to being the industry leaders in their respective countries, GD4S represents a total of around 35 million end consumers, corresponding to 35% of the EU gas market, and operates more than 480,000 kilometres of network.

    GD4S (Gas Distributors for Sustainability)

    GD4S is committed to contributing to the decarbonisation of the European energy system by 2050. It dialogues with national and European institutions to represent the commitment of distributors and the importance of the role of gas networks in promoting the transition to a low-carbon energy model, exploring the potential of biomethane and hydrogen.

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