The gas sector has emphasised the need for a regulation that ensures an adequate return on investment so that it can continue to invest in gas infrastructure. These networks are key to ensuring energy supply, supporting industrial competitiveness and driving forward the transition to more sustainable forms of energy.
This message was highlighted at a meeting organised by CincoDías and sponsored by Sedigas, attended by Joan Batalla, Chairman of Sedigas; Natalia Latorre, Managing Director of Energy Transition at Enagás; Raúl Suárez, Chief Executive Officer of Nedgia (Naturgy Group); Óscar Barrero, Energy Partner at PwC; and Íñigo del Guayo, Professor of Administrative Law at the University of Almería.
Key networks for supply and the economy
The forthcoming regulations being drawn up by the National Commission for Markets and Competition (CNMC) will shape gas system development until 2032. The sector believes that this new framework will be crucial in ensuring the necessary investment in the maintenance, operation and modernisation of strategic infrastructure.
Gas networks have proved their worth in recent years, particularly during times of energy uncertainty. They have made it possible to ensure a secure and flexible supply to both households and businesses. Around 20 million people currently use gas in Spain.
Furthermore, the Spanish gas system —comprising regasification plants, underground storage facilities, international interconnections and an extensive transport and distribution network— has helped to keep prices competitive compared with other European countries.
Ensuring investment in a secure service
One of the main conclusions of the meeting was the need to ensure a reasonable rate of return that would enable continued investment in this infrastructure. The sector has faced a challenging economic climate in recent years, characterised by a decline in regulated revenues, rising costs, inflation and new requirements such as digitalisation and cybersecurity.
Nedgia emphasised the importance of continuing to prioritise both network maintenance and modernisation. Proper infrastructure maintenance not only ensures the system runs smoothly, but also prevents higher costs in the future and guarantees a reliable service for customers.
A balance between cost and quality
The sector also emphasised the importance of maintaining a balance between an affordable service for consumers and the economic sustainability of the system. Spain has competitive gas tolls, but a stable regulatory framework is considered necessary to ensure that operations can continue with certainty.
Designed to incorporate renewable gases
Beyond the regulatory debate, gas networks are set to play a key role in the future of energy. These infrastructure are designed to incorporate renewable gases such as biomethane and hydrogen, which are essential for moving towards decarbonisation.
Spain has significant potential for developing these gases, particularly biomethane. Existing networks will enable this energy to be delivered to homes, businesses and industries, making use of infrastructure that is already in place and reducing dependence on foreign energy supplies.
Investments for a more digital and secure network
Adapting to the new energy landscape will require continued investment in digitalisation, monitoring and security. Energy infrastructure is becoming increasingly complex and requires advanced technological solutions to ensure it functions properly.
A key role in the energy transition
Gas networks will continue to play a vital role in the transition towards a more sustainable energy model. Their ability to guarantee supply whilst integrating new energy sources makes them a key element in the transition to a cleaner, safer and more efficient system.
