Italy's Italgas Plans €13 Billion Investment in AI Networks for 2026-2032
2026-06-24 09:53
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en.Wedoany.com Reported - Italian gas distributor Italgas has unveiled its 2026-2032 strategic plan, aiming to invest €13 billion (approximately $14.8 billion) by 2032 to accelerate the application of artificial intelligence in intelligent and flexible networks. Italgas is Europe's largest gas distributor. This total investment represents a 14.6% increase over its previous strategic plan.

According to the plan, $9.5 billion (€8.3 billion) will be allocated for the development, digitalization, and renovation of Italy's natural gas infrastructure, a 4.0% increase from the previous plan. Expansion and network development in the Greek market will absorb $1.14 billion (€1 billion). Additionally, the company plans to allocate $570 million (€500 million) for potential merger and acquisition opportunities in the gas distribution sector.

The strategy, titled "Lead. Innovate. In a changing world," will focus on leveraging flexible smart networks to enhance energy security and integrate products with renewable gases, including hydrogen, biomethane, and synthetic methane. The rollout of smart meters is also a core pillar of the plan.

Italgas stated that these investments will enhance the safety and resilience of natural gas networks, making the pipeline system increasingly intelligent and flexible. This is a key prerequisite for the growing volume of renewable gases such as biomethane, hydrogen, and synthetic methane.

"Artificial intelligence is an integral part of Italgas's operating model and is central to this plan. Applied to operations, business processes, and customer management, our 'agents' are already generating significant efficiencies while improving service quality," said Italgas CEO Paolo Gallo in commenting on the strategic plan. "The €13 billion investment will make our networks smarter, broader, and more flexible, ready to accommodate green molecules and support an energy system increasingly exposed to international instability and commodity market volatility."

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