Energy Market Landscape: Russia

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
Wholesale Environment 2
Gas Supply and Demand Analysis 2
Gas Infrastructure 6
Pipelines 6
Storage 7
LNG 7
Electricity Market Overview 8
Industry Landscape 8
Wholesale Environment 8
Electricity Supply and Demand Analysis 9
Electricity Infrastructure 13
Generation Capacity 13
Electricity Networks 14
Competitive Intensity Analysis Overview 15
Datamonitor's MCI Index offers a robust framework for measuring the development of energy Market Competitive Intensity 15
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. 15
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 15
The MCI assessment draws on nine underlying metrics grouped into three broad clusters: Market framework; Supplier Push; Customer Pull 16
Each of the nine pillars has an assessment scale to allow for the comparison of diverse markets (see appendix for more details) 17
Gas Market Competitive Intensity 18
Russia's gas scores are consistently low across all metrics 19
Russia's Market Framework factors all score at the lower end of the scale with little improvement likely to be seen by 2013 19
Effectiveness of Regulator [2010: 2/10 2013: 3/10] 19
Ease of Third Party Access [2010: 1/10 2013: 2.5/10] 20
Pricing Regime [2010: 2/10 2013: 3/10] 20
None of the factors making up the Supplier Push metrics will develop significantly by 2013 20
Wholesale Market Fragmentation [2010: 1/10 2013: 2.5/10] 20
Retail Market Fragmentation [2010: 2.5/10 2013: 3/10] 20
Traded Market Maturity [2010: 2/10 2013: 3.5/10] 20
Current market dynamics mean that the gas Customer Pull metrics will continue to be very limited 21
Access to Market Information [2010: 2/10 2013: 2/10] 21
Consumer Representation [2010: 0.1/10 2013: 2/10] 21
Propensity to Switch [2010: 1/10 2013: 3/10] 21
Electricity Market Competitive Intensity 22
Russia's power score and ranking increases significantly over the forecast period 22
Russia's power score is driven by strong Supplier Push metrics 23
Other than possible changes in the balancing regime, the Market Framework metrics will remain at the lower end of the scale 23
Effectiveness of Regulator [2010: 4/10 2013: 5/10] 23
Ease of Third Party Access [2010: 3/10 2013: 5.5/10] 24
Pricing Regime [2010: 2/10 2013: 3/10] 24
Ongoing market reform will drive the Supplier Push factors considerably higher by the end of the forecast period 24
Wholesale Market Fragmentation [2010: 2.5/10 2013: 3/10] 24
Retail Market Fragmentation [2010: 3/10 2013: 7/10] 24
Traded Market Maturity [2010: 3/10 2013: 8/10] 24
Current market dynamics mean that the power Customer Pull metrics have no scope to remain anything other than very limited 24
Access to Market Information [2010: 2/10 2013: 3/10] 24
Consumer Representation [2010: 0.1/10 2013: 1/10] 25
Propensity to Switch [2010: 0.1/10 2013: 2.5/10] 25
COMPETITIVE INTENSITY ANALYSIS APPENDIX 26
MCI Scores Summary 26
MCI Scoring Scales 29
APPENDIX 34
Definitions 34
Ask the analyst 35
Datamonitor consulting 35
Disclaimer 35
List of Tables
Table 1: Russia gas supply and demand balance, 2008?09e 3
Table 2: Russia gas transmission lines 7
Table 3: Russia power supply and demand balance, 2008?09e 9
Table 4: Russia power transmission capacity 14
Table 5: Market Competitive Intensity, Russia 2010 and 2013 26
Table 6: MCI Additive, Europe 2010 and 2013 27
Table 7: MCI Multiplicative, Europe 2010 and 2013 28
List of Figures
Figure 1: Russia indigenous gas production 1990?2009e 4
Figure 2: Russia gas export supply sources, 2009e 5
Figure 3: Russia gas consumption, trends and forecast, 1990?2020f 6
Figure 4: Russia power production by fuel type, 1992?2009e 10
Figure 5: Russia power production by fuel type, 2009e 11
Figure 6: Russia power sectoral consumption, 2009e 12
Figure 7: Russia power consumption, trends and forecast, 1993?2020f 13
Figure 8: MCI Assessment Scale 15
Figure 9: MCI Assessment Framework 16
Figure 10: MCI Scales 17
Figure 11: European Gas Market Competitive Intensity, 2010-13 18
Figure 12: Gas Market Competitive Intensity, Russia 19
Figure 13: European Power Market Competitive Intensity, 2010-13 22
Figure 14: Power Market Competitive Intensity, Russia 23
Figure 15: Market Competitive Intensity, Russia 25
Figure 16: Scale for MCI Assessment, Effectiveness of Regulator 29
Figure 17: Scale for MCI Assessment, Ease of Third Party Access 29
Figure 18: Scale for MCI Assessment, Pricing Regime 30
Figure 19: Scale for MCI Assessment, Wholesale Market Fragmentation 31
Figure 20: Scale for MCI Assessment, Retail Market Fragmentation 31
Figure 21: Scale for MCI Assessment, Traded Market Maturity 32
Figure 22: Scale for MCI Assessment, Access to Market Information 32
Figure 23: Scale for MCI Assessment, Consumer Representation 33
Figure 24: Scale for MCI Assessment, Propensity to Switch 33

[Inhaltsverzeichnis ausblenden]