The performance of the industry over the five years through 2017-18 will be driven by price increases allowed by industry regulators (Ofgem and NIAUR), as well as by trends in the demand for gas. While demand is expected to contract as rising fuel prices continue to bite, industry regulators recognise that increases in gas distribution charges are needed to fund necessary investment, including the ongoing replacement of gas mains. As a result, industry revenue is expected to grow at a compound annual rate of approximately 3.6% over the next five years, reaching £4.66 billion in 2017-18. Read the full report on IBIS.