Concentration and consolidation in the I&C gas market

Throughout 2021 and well into 2022, energy suppliers operating in the business gas market were contending with a number of challenges, including reduction in energy demand from businesses as recovery from COVID-19 ‘lockdowns’ was ongoing and weathering volatile wholesale prices.

In this week’s ‘Chart of the week’, we discuss the rising Herfindahl-Hirschman Index (HHI) score for the business gas supply market, and how we might expect this to continue going forward.

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