THE EUROPEAN ELECTRICITY AND GAS INDUSTRY

MARKET ANALYSIS IN THE LIGHT OF THE COVID-19 CRISIS

In addition to a comprehensive view of the sector's environment and demand (macroeconomic factors, changes brought about by ecological transition and EU's liberalisation policy, etc.), the study provides our exclusive analysis of the past evolution of the European electricity and gas industry and its prospects. It outlines the impact of the health crisis in particular.

DESCRIPTION OF COMPANIES DEVELOPMENT AXES

Greening of industry, internationalisation, positioning on new uses and enhancement of service offering: the report details the growth levers prioritised by Europe's leading electricity and gas companies, after analysing their main strengths and weaknesses.

EXPLANATION OF THE CHANGES IN THE COMPETITIVE LANDSCAPE

This report also provides an individualised and aggregated financial analysis of the operators' financial performance. In particular, it deciphers the evolution of sales and operating profit rate for the analysed companies.

THE EXECUTIVE SUMMARY

This ten-page summary draws the reader's attention to the key elements of the study.

THE SUMMARY AND KEY PAGES OF THE REPORT

The summary provides all the elements needed to understand the major trends in the sector and foreseeable developments, drawing on analyses of the market outlook and the strategies of the companies.

FRAMING AND ENVIRONMENT

THE FUNDAMENTALS OF THE SECTOR

Key figures and trends in the sector

The gas and electricity supply chain diagrams

European energy consumption by source

Electricity and gas consumption by sector

European energy consumption by country

European electricity production by type of facility

European natural gas supply

The typical profile of the European energy leader

THE SECTORAL ENVIRONMENT

Overview (PESTEL analysis)

The European Recovery Plan

The ecological transition and its implications

The digital revolution and its opportunities

European demography

Temperatures in Europe

The macroeconomic environment

New opportunities (electric mobility, etc.)

THE MARKET AND THE ACTIVITY OF THE LEADERS

THE EUROPEAN ELECTRICITY AND GAS MARKET

Electricity consumption, generation, prices and foreign trade in Europe

Gas consumption, production, prices and foreign trade in Europe

Energy investments in Europe

ACTIVITY AND PERFORMANCE OF LEADERS

Positioning by sales and average EBIT rate

Cumulative sales of the leaders (2015-2020)

The aggregate operating income rate of the leaders

Ranking by sales and EBIT rate

Individualised activity and performance

COMPETITION AND LEADERS' STRATEGIES

THE COMPETITIVE ENVIRONMENT

Overview (Porter's forces)

The liberalisation of the European energy markets

Intra-sectoral competition (number of suppliers per country, etc.)

New entrants (oil groups' offensive, arrival of independent suppliers, etc.)

The bargaining power of customers (switching rate)

Relations with suppliers

Substitute products

THE STRUCTURE OF COMPETITION

The positioning of the main types of companies

The recomposition of the European landscape

LEADERS' STRATEGIES

Overview

Overcome the challenge of energy transition

Get stronger abroad

Position on new uses

Refine the service offer

With numerous case studies: EDF, Engie, E.ON, RWE, Uniper, Enel or even Vattenfall

THE FORCES AT WORK

The ranking of 10 European leaders in electricity and gas analysed in the report

Key performance indicators of the 10 leaders (sales growth and EBIT rate)

SWOT analysis of the 10 companies

The identity cards of the 10 leaders