Energy Market Landscape: Romania

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.


Report Highlights

[Studien Infos ausblenden]

DATAMONITOR VIEW 1
CATALYST 1
SUMMARY 1
ANALYSIS 2
Gas Market Overview 2
Industry Landscape 2
Retail Market Players 2
Gas Supply and Demand Analysis 2
Gas Infrastructure 7
Pipelines 7
Storage 8
Electricity Market Overview 10
Industry Landscape 10
Retail Market Players 10
Wholesale Environment 10
Electricity Supply and Demand Analysis 12
Electricity Infrastructure 16
Generation Capacity 16
Electricity Networks 17
Competitive Intensity Analysis Overview 19
Datamonitor's MCI Index offers a robust framework for measuring the development of energy Market Competitive Intensity 19
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. 19
The MCI Index assesses markets as they stood in early 2010 and forecasts conditions likely to be prevailing in July 2013, five years after full market opening 19
The MCI assessment draws on nine underlying metrics grouped into three broad clusters: Market framework; Supplier Push; Customer Pull 20
Each of the nine pillars has an assessment scale to allow for the comparison of diverse markets (see appendix for more details) 21
Gas Market Competitive Intensity 22
Like the power market, Romania's gas market achieves a higher score that other more developed economies in the region 22
Romania's gas market score is undermined by a weak Traded Market Maturity metric and weak Customer Pull metrics 23
Romania's Market Framework metrics show little improvement over the forecast period 23
Effectiveness of Regulator [2010: 5/10 2013: 5.5/10] 23
Ease of Third Party Access [2010: 5/10 2013: 6.5/10] 23
Pricing Regime [2010: 3/10 2013: 4/10] 24
Romania's Supplier Push metrics show only minimal increases during the forecast period 24
Wholesale Market Fragmentation [2010: 5.5/10 2013: 6.5/10] 24
Retail Market Fragmentation [2010: 5/10 2013: 5.5/10] 24
Traded Market Maturity [2010: 0.1/10 2013: 1/10] 24
None of Romania's Customer Pull metrics rise above the bottom end of the scale by the end of the forecast period 24
Access to Market Information [2010: 3/10 2013: 3.5 /10] 24
Consumer Representation [2010: 2.5/10 2013: 3/10] 25
Propensity to Switch [2010: 1/10 2013: 2/10] 25
Electricity Market Competitive Intensity 26
Romania's score is above those seen in other, more developed, economies 26
Weak Customer Pull metrics curtails the overall power score 27
Romania's Market Framework metrics are driven by the existence of the wholesale market and an efficient TPA regime 27
Effectiveness of Regulator [2010: 5/10 2013: 5.5/10] 27
Ease of Third Party Access [2010: 7.5/10 2013: 8.5/10] 28
Pricing Regime [2010: 1.5/10 2013: 2/10] 28
Romania's Supplier Push metrics are driven by fragmentation in the generation market and the existence of the OPCOM market 28
Wholesale Market Fragmentation [2010: 6/10 2013: 6.5/10] 28
Retail Market Fragmentation [2010: 8/10 2013: 9/10] 28
Traded Market Maturity [2010: 6/10 2013: 8/10] 28
Customer Pull metrics are likely to remain low in both 2010 and 2013 29
Access to Market Information [2010: 2.5/10 2013: 3/10] 29
Consumer Representation [2010: 2/10 2013: 2.5/10] 29
Propensity to Switch [2010: 2/10 2013: 3/10] 29
COMPETITIVE INTENSITY ANALYSIS APPENDIX 31
MCI Scores Summary 31
MCI Scoring Scales 34
APPENDIX 39
List of power stations in Romania 39
Definitions 43
Ask the analyst 43
Datamonitor consulting 43
Disclaimer 43
List of Tables
Table 1: Romania major gas retail market players, 2008 2
Table 2: Romania gas supply and demand balance, 2008?09e 3
Table 3: Romania gas transmission lines 8
Table 4: Romania gas storage sites 8
Table 5: Romania major power retail market players, 2008 10
Table 6: Romania power supply and demand balance, 2008?09e 12
Table 7: Romania power transmission lines 18
Table 8: Market Competitive Intensity, Romania 2010 and 2013 31
Table 9: MCI Additive, Europe 2010 and 2013 32
Table 10: MCI Multiplicative, Europe 2010 and 2013 33
Table 11: Romania power generation assets 39
List of Figures
Figure 1: Romania indigenous gas production 1990?2009e 4
Figure 2: Romania gas import supply sources, 2009e 5
Figure 3: Romania gas sectoral consumption, 2009e 6
Figure 4: Romania gas consumption, trends and forecast, 1990?2020f 7
Figure 5: Romania power production by fuel type, 1994?2009e 13
Figure 6: Romania power production by fuel type, 2009e 14
Figure 7: Romania power sectoral consumption, 2009e 15
Figure 8: Romania power consumption, trends and forecast, 1990?2020f 16
Figure 9: Romania power generation capacity by fuel type, 2007 17
Figure 10: MCI Assessment Scale 19
Figure 11: MCI Assessment Framework 20
Figure 12: MCI Scales 21
Figure 13: European Gas Market Competitive Intensity, 2010-13 22
Figure 14: Gas Market Competitive Intensity, Romania 23
Figure 15: European Power Market Competitive Intensity, 2010-13 26
Figure 16: Power Market Competitive Intensity, Romania 27
Figure 17: Market Competitive Intensity, Romania 30
Figure 18: Scale for MCI Assessment, Effectiveness of Regulator 34
Figure 19: Scale for MCI Assessment, Ease of Third Party Access 34
Figure 20: Scale for MCI Assessment, Pricing Regime 35
Figure 21: Scale for MCI Assessment, Wholesale Market Fragmentation 36
Figure 22: Scale for MCI Assessment, Retail Market Fragmentation 36
Figure 23: Scale for MCI Assessment, Traded Market Maturity 37
Figure 24: Scale for MCI Assessment, Access to Market Information 37
Figure 25: Scale for MCI Assessment, Consumer Representation 38
Figure 26: Scale for MCI Assessment, Propensity to Switch 38

[Inhaltsverzeichnis ausblenden]