The Gas & Power business segment encompasses the procurement, distribution and marketing of natural gas activities, as well as multi-generation and the marketing of power activities, all centred on the Iberian Peninsula. To optimise this business operation, the Company aims to raise the degree of integration between natural gas and power activities. Galp Energia also aims to both offer natural gas and electricity, complemented by a diverse range of additional services provided by a single supplier.
The Gas & Power business aims to maximise the integration of natural gas and power activities. In addition, Galp Energia’s intention is to raise its profile in marketing natural gas and power in the Iberian market, where it has a dual offering of natural gas and power, coupled with differentiated services.
In the power business, the Company has focused not only on marketing activities but also on multi-energy generation, either by raising its wind power capacity or by building cogeneration plants, which raise the demand for natural gas. Galp Energia aims to develop a competitive portfolio of energy production units including cogeneration plants and wind power. Beyond energy production, Galp Energia intends to strengthen its power marketing business so as to offer its clients a joint bundle of electricity and natural gas.