The three business units have different business models. The business models of GTS and Gasunie Deutschland are largely similar. The activities of GTS and Gasunie Deutschland are both regulated, in contrast to those of Participations & Business Development, which are not or only partially regulated.
The core activity of GTS and Gasunie Deutschland is the transport of gas in the Netherlands and North Germany respectively. Both companies are fully independent Transmission System Operators (TSOs). Their income and returns are regulated by national regulatory authorities, the Dutch Authority for Consumers and Markets (ACM) in the Netherlands and the Bundesnetzagentur (BNetzA) in Germany.
A major focal point for our future is facilitating, stimulating and developing the transition towards a sustainable energy system. In this, we focus on innovations (e.g., in the field of green gas and power-to-gas) and new product/market combinations for natural gas (e.g., utilising LNG in the maritime and transport sector). These new activities should generate extra income and contribute to making optimal use of our existing gas infrastructure activities. These activities are being developed by the business unit Participations & Business Development.
Our revenues are almost entirely generated from activities relating to the gas infrastructure.