DATAMONITOR VIEW 1
CATALYST 1
SUMMARY 1
ANALYSIS 2
Gas Market Overview 2
Industry Landscape 2
Gas Supply and Demand Analysis 2
Gas Infrastructure 7
Pipelines 7
LNG 8
Electricity Market Overview 9
Industry Landscape 9
Electricity Supply and Demand Analysis 9
Electricity Infrastructure 14
Generation Capacity 14
Electricity Networks 15
Competitive Intensity Analysis Overview 16
Datamonitor's MCI Index offers a robust framework for measuring the development of energy Market Competitive Intensity 16
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 defend their market share from new entrants. 16
The MCI Index assesses markets as they stood in early 2010 and forecasts conditions likely to be prevailing in 2013. 16
The MCI assessment draws on nine underlying metrics grouped into three broad clusters: Market framework; Supplier Push; Customer Pull 17
Each of the nine pillars has an assessment scale to allow for the comparison of diverse markets (see appendix for more details) 18
Gas Market Competitive Intensity 19
The Indian gas market shows a strong increase in its score over the forecast period 19
The Indian gas market continues its transition towards a more market driven structure 20
Although improving, India's gas Market Framework factors will remain modest 20
Effectiveness of Regulator [2010: 5/10 2013: 6/10] 20
Ease of Third Party Access [2010: 7/10 2013: 7/10] 21
Pricing Regime [2010: 3/10 2013: 4/10] 21
Decreased wholesale fragmentation drives the Supplier Pull metrics higher over the forecast period 21
Wholesale Market Fragmentation [2010: 2/10 2013: 3.5/10] 21
Retail Market Fragmentation [2010: 2.5/10 2013: 4/10] 21
Traded Market Maturity [2010: 5/10 2013: 7/10] 21
Consumer Pull metrics remain weak 21
Access to Market Information and Assistance [2010: 2.5/10 2013: 3.5/10] 21
Consumer Representation [2010: 2.5/10 2013: 3/10] 22
Propensity to Switch [2010: 0.1/10 2013: 1.5/10] 22
Electricity Market Competitive Intensity 23
By 2013, two off India's power scores are in the upper half of the scoring scale 23
India's power score is supported by particularly strong Market Framework metrics 24
Market Framework scores remain largely at the upper end of the scale 24
Effectiveness of Regulator [2010: 7/10 2013: 8/10] 24
Ease of Third Party Access [2010: 6/10 2013: 7/10] 25
Pricing Regime [2010: 3/10 2013: 4/10] 25
Supplier Push metrics show some degree of development over the forecast period 25
Wholesale Market Fragmentation [2010: 3/10 2013: 4/10] 25
Retail Market Fragmentation [2010: 2/10 2013: 3/10] 25
Traded Market Maturity [2010: 5/10 2013: 7/10] 25
Customer Pull metrics outperform those seen in some other parts of Asia 26
Access to Market Information and Assistance [2010: 2.5/10 2013: 4.5/10] 26
Consumer Representation [2010: 2.5/10 2013: 3/10] 26
Propensity to Switch [2010: 1/10 2013: 2/10] 26
Power sector competitive intensity will be similar to that seen in gas 27
COMPETITIVE INTENSITY ANALYSIS APPENDIX 28
MCI Scores Summary 28
MCI Scoring Scales 30
APPENDIX 35
Definitions 35
Ask the analyst 37
Datamonitor consulting 37
Disclaimer 37
List of Tables
Table 1: India gas supply and demand balance, 2008?09e 3
Table 2: India LNG terminals 8
Table 3: India power supply and demand balance, 2008?09e 10
Table 4: Market Competitive Intensity, India 2010 and 2013 28
Table 5: MCI Additive, Asia Pacific 2010 and 2013 29
Table 6: MCI Multiplicative, Asia Pacific 2010 and 2013 29
List of Figures
Figure 1: India indigenous gas production, 1990?2009e 5
Figure 2: India gas sectoral consumption, 2009e 6
Figure 3: India gas consumption, trends and forecasts, 1990?2020f 7
Figure 4: India power supply and demand balance, 2008?09e 11
Figure 5: India power production by fuel type, 2009e 12
Figure 6: India power sectoral consumption, 2009e 13
Figure 7: India power consumption, trends and forecasts, 1990?2020f 14
Figure 8: India power generation capacity by fuel type, 2009 15
Figure 9: MCI Assessment Scale 16
Figure 10: MCI Assessment Framework 17
Figure 11: MCI Scales 18
Figure 12: Asia Pacific Gas Market Competitive Intensity, 2010?13 19
Figure 13: Gas Market Competitive Intensity, India 20
Figure 14: Asia Pacific Power Market Competitive Intensity, 2010?13 23
Figure 15: Power Market Competitive Intensity, India 24
Figure 16: Market Competitive Intensity, India 27
Figure 17: Scale for MCI Assessment, Effectiveness of Regulator 30
Figure 18: Scale for MCI Assessment, Ease of Third Party Access 31
Figure 19: Scale for MCI Assessment, Pricing Regime 31
Figure 20: Scale for MCI Assessment, Wholesale Market Fragmentation 32
Figure 21: Scale for MCI Assessment, Retail Market Fragmentation 32
Figure 22: Scale for MCI Assessment, Traded Market Maturity 33
Figure 23: Scale for MCI Assessment, Access to Market Information 33
Figure 24: Scale for MCI Assessment, Consumer Representation 34
Figure 25: Scale for MCI Assessment, Propensity to Switch 34
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