Abstract
Introduction
Evolving competitive dynamics are rapidly and significantly changing the face
of the gas and power markets in and around Europe. As such, a timely and
broadly based understanding of the market landscape is vital for players
throughout the energy value chain. Central to this is an understanding of the
exact stage of competitive development reached in each market, and how it is
likely to change.
Scope
*Up-to-date insight on market structures, regulatory developments, supply and
demand balances, asset developments and player strategies.
*Insight into current levels of gas and power competitive intensity
benchmarked against 33 relevant markets (EU 27 and 6 related countries).
*Forecasts of how the nine metrics making up the competitive intensity scores
will change by 2012.
Highlights
The MCI scores draw on nine underlying metrics grouped into three categories:
Market Framework (Regulatory Effectiveness; Pricing Regime; Ease of Third
Party Access), Supplier Push (Wholesale Fragmentation, Retail Fragmentation,
Traded Market Maturity), and Customer Pull (Access to Market Information,
Consumer Representation, Propensity to Switch)
Each of the Energy Market Landscape series provides a profile of both the
relevant gas and power market. Issues examined include regulatory structures,
player strategies and supply/demand dynamics. There is also a list of
operational, planned and under construction infrastructure including power
stations, pipelines, LNG terminals and storage sites
Reasons to Purchase
*Obtain up-to-date, relevant and standardized information on European and
related energy markets from a single source.
*Have a logical framework to monitor market developments and emerging trends,
identify opportunities and plan strategies accordingly.
*Assess current and future gas and power market competitive environments by
gaining insight into factors driving market competitiveness.
Table of Contents
DATAMONITOR VIEW 1 CATALYST 1 SUMMARY 1 ANALYSIS 2 Gas Market
Overview 2 Industry Landscape 2 Retail Market Players 2 Regulation
4 Wholesale Environment 5 Gas Supply and Demand Analysis 6 Gas
Infrastructure 11 Pipelines 11 Storage 13 Electricity Market
Overview 15 Industry Landscape 15 Retail Market Players 15
Regulation 15 Wholesale Environment 17 Electricity Supply and Demand
Analysis 18 Electricity Infrastructure 22 Generation Capacity 22
Electricity Networks 24 Competitive Intensity Analysis Overview 25
Datamonitor' s MCI Index offers a robust framework for measuring the
development of energy Market Competitive Intensity 25 The MCI Index shows
how competitive a particular market is. This has applications for both new
entrants seeking to enter the market, and established players and former
monopoly incumbents seeking to defined their market share from new entrants.
25 The MCI Index assesses markets as they stood in early 2009 and
forecasts conditions likely to be prevailing in July 2012, five years after
full market opening. 25 The MCI assessment draws on nine underlying
metrics grouped into three broad clusters: Market framework; Supplier Push;
Customer Pull 26 Each of the nine pillars has an assessment scale to allow
for the comparison of diverse markets (see appendix for more details) 27
Gas Market Competitive Intensity 28 Austria' s gas market is characterised
by strong market framework scores 28 Austria' s gas market is characterised
by strong market framework scores 29 The Austrian gas market reflects a
strong Market framework with well developed balancing and TPA regimes 29
Effectiveness of Regulator [2009: 7/10 2012: 8.5/10] 29 Ease of Third
Party Access [2009: 7/10 2012: 7.5/10] 29 Pricing Regime [2009: 3/10 2012:
3.5/10] 30 Supplier Push factors are curtailed by the concentrated
wholesale market 30 Wholesale Market Fragmentation [2009: 4.5/10 2012:
5/10] 30 Retail Market Fragmentation [2009: 5/10 2012: 5.5/10] 30
Traded Market Maturity [2009: 4/10 2012: 7.5/10] 30 Customer Pull scores
fall at the lower end of the scale 30 Access to Market Information and
Assistance [2009: 3/10 2012: 5/10] 30 Consumer Representation [2009: 3/10
2012: 4/10] 31 Propensity to Switch [2009: 3/10 2012: 5/10] 31
Electricity Market Competitive Intensity 32 Austria' s power score is muted
due to the vertically integrated nature of the sector and relatively less
customer pull when compared to other EU members. 32 Austria' s power score
is muted due to the vertically integrated nature of the sector and relatively
less customer pull when compared to other EU members 33 Austria' s Market
Framework metrics achieve scores towards the top end of the scale 33
Effectiveness of Regulator [2009: 7/10 2012: 9/10] 33 Ease of Third Party
Access [2009: 3/10 2012: 5/10] 34 Pricing Regime [2009: 6/10 2012: 6.5/10]
34 Supplier Push metrics show only a minimal development over the forecast
period 34 Wholesale Market Fragmentation [2009: 7/10 2012: 7/10] 34
Retail Market Fragmentation [2009: 5/10 2012: 5.5/10] 34 Traded Market
Maturity [2009: 7/10 2012: 8.5/10] 35 Austria' s Customer Pull metrics are
partly constrained by relatively modest switching dynamics 35 Access to
Market Information and Assistance [2009: 7/10 2012: 8/10] 35 Consumer
Representation [2009: 6/10 2012: 6/10] 35 Propensity to Switch [2009:
3.5/10 2012: 4/10] 35 The Austrian power and gas market shows improvement
in the overall score by 2012 36 COMPETITIVE INTENSITY ANALYSIS APPENDIX
37 MCI Scores Summary 37 MCI Scoring Scales 40 APPENDIX 45
List of power stations in Austria 45 Definitions 49 Ask the analyst
50 Datamonitor consulting 50 Disclaimer 50 List of Tables
Table 1: Austria major gas retail players 2 Table 2: Austria gas supply
and demand balance, 2007-08e 7 Table 3: Austria gas transmission pipelines
13 Table 4: Austria gas storage sites 14 Table 5: Austria major power
retail players 15 Table 6: Austria power supply and demand balance,
2007-08e 18 Table 7: Austria system capacity 24 Table 8: Market
Competitive Intensity, Austria 2009 and 2012 37 Table 9: MCI Additive,
Europe 2009 and 2012 38 Table 10: MCI Multiplicative, Europe 2009 and 2012
39 Table 11: Austria power generation assets 45 List of Figures
Figure 1: Major gas retail players market share in the B2B segment, 2008 3
Figure 2: Major gas retail players market share in the B2C segment, 2008 4
Figure 3: Austria indigenous gas production, 1990-2008e 8 Figure 4:
Austria gas import supply sources, 2008e 9 Figure 5: Austria gas sectoral
consumption, 2008e 10 Figure 6: Austria gas consumption, trends and
forecasts, 1990-2020f 11 Figure 7: Austria power production by fuel type,
1990-2008e 19 Figure 8: Austria power production by fuel type, 2008e
20 Figure 9: Austria power sectoral consumption, 2008e 21 Figure 10:
Austria power consumption, trends and forecasts, 1990-2020f 22 Figure 11:
Austria power generation capacity by fuel type, 2008 23 Figure 12: MCI
Assessment Scale 25 Figure 13: MCI Assessment Framework 26 Figure 14:
MCI Scales 27 Figure 15: European Gas Market Competitive Intensity,
2009-12 28 Figure 16: Gas Market Competitive Intensity, Austria 29
Figure 17: European Power Market Competitive Intensity, 2009-12 32 Figure
18: Power Market Competitive Intensity, Austria 33 Figure 19: Market
Competitive Intensity, Austria 36 Figure 20: Scale for MCI Assessment,
Effectiveness of Regulator 40 Figure 21: Scale for MCI Assessment, Ease of
Third Party Access 41 Figure 22: Scale for MCI Assessment, Pricing Regime
41 Figure 23: Scale for MCI Assessment, Wholesale Market Fragmentation
42 Figure 24: Scale for MCI Assessment, Retail Market Fragmentation 42
Figure 25: Scale for MCI Assessment, Traded Market Maturity 43 Figure 26:
Scale for MCI Assessment, Access to Market Information 43 Figure 27: Scale
for MCI Assessment, Consumer Representation 44 Figure 28: Scale for MCI
Assessment, Propensity to Switch 44
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