Market Competitive Intensity (MCI): Belgium

Datamonitor's Market Competitive Intensity Index (MCI) is a robust framework for measuring and benchmarking the development of competitiveness and market conditions in a range of gas and electricty markets. The MCI assessment draws on nine underlying metrics grouped into three broad clusters: Market framework; Supplier Push and Customer Pull.

Report Highlights
Datamonitor's MCI Index offers a robust framework for measuring the development of utility Market Competitive Intensity. MCI scores are calculated using two different methods. The first, the simple weighted average (additive) measure shows overall competitive intensity. The second, the multipliative method, is more complex. It prevents markets with an overly wide spread of underlying raw scores from exerting undue influence over, or skewing, the final result.
[Studien Infos ausblenden]

DATAMONITOR VIEW 1
CATALYST 1
SUMMARY 1
ANALYSIS 2
Introduction: Datamonitor's MCI Index offers a robust framework for measuring the development of energy Market Competitive Intensity 2
The MCI Index shows how attractive a particular market is to new entrants in terms of the competitive environment 2
The MCI assessment draws on nine underlying metrics grouped into three broad clusters: Market framework; Supplier Push; Customer Pull. 3
The MCI Index measures competitive intensity in the EU 27 and 6 related markets 4
The MCI Index assesses markets as they stood in early 2008 and forecasts conditions likely to be prevailing three years after full market opening 4
Each of the nine pillars has an assessment scale to allow for the comparison of diverse markets (see appendix for more details) 5
Two differing overall MCI scores are calculated to ensure full clarity of results 5
A simple weighted average (additive) measure shows overall competitive intensity 5
A weighted multiple (multiplicative) measure shows overall competitive intensity 5
The MCI framework has a number of applications for your organization 6
Context: The maturity of the Belgian gas and power sectors puts it ahead of the majority of European markets 7
The Belgian power market shows development across all metrics over the forecast period 7
In common with the power market, Belgium's gas metric's all show improvement during the forecast period 7
Power MCI: The Belgium power market has strong Market Framework scores 9
All of the Belgian Market Framework factors score at the upper end of the metrics scale 9
Effectiveness of Regulator [2008: 6/10 2010: 7.5/10] 9
Ease of Third Party Access [2008: 8/10 2010: 8.5/10] 10
Effectiveness of Balancing and Data Transfer [2008: 6/10 2010: 7/10] 10
The creation of a Belgian power exchange drives the Supplier Push factors higher in 2010 10
Wholesale Market Fragmentation [2008: 2/10 2010: 5/10] 10
Retail Market Fragmentation [2008: 3/10 2010: 6/10] 10
Traded Market Maturity [2008: 2.5/10 2010: 4/10] 10
All of the Customer Pull metrics are expected to show incremental improvement by 2010 10
Access to Market Information and Assistance [2008: 2/10 2010: 6/10] 10
Consumer Representation [2008: 4.5/10 2010: 6/10] 11
Propensity to Switch [2008: 2/10 2010: 5/10] 11
Gas MCI: The Belgium gas market has strong Supplier Push and Customer Pull scores 12
With a relatively strong regulator and favourable pipeline regimes, Belgium scores highly on the Market Framework metrics 12
Effectiveness of Regulator [2008: 6.5/10 2010: 8/10] 12
Ease of Third Party Access [2008: 7/10 2010: 8/10] 13
Effectiveness of Balancing and Data Transfer [2008: 7/10 2010: 8/10] 13
The existence of a reasonably well established and liquid wholesale market is the main element of the Supplier Push metric 13
Wholesale Market Fragmentation [2008: 2/10 2010: 3.5/10] 13
Retail Market Fragmentation [2008: 3/10 2010: 5.5/10] 13
Traded Market Maturity [2008: 10/10 2010: 10/10] 13
Belgium's Customer Pull metrics will show an incremental improvement in the medium term. 14
Access to Market Information and Assistance [2008: 3/10 2010: 5/10] 14
Consumer Representation [2008: 3/10 2010: 4/10] 14
Propensity to Switch [2008: 3/10 2010: 4/10] 14
Outlook: Competitive intensity is likely to remain limited in the short term 15
The less well established nature of the power market compared to the gas market drives a greater increase in score 15
Power scores 15
Gas scores 15
The emergence of the Belpex wholesale market will help new entrants capitalise on opportunities in the Belgian power market 16
New Market Entrant Opportunities, Power 16
New Market Entrant Threats, Power 16
The key threat facing new entrants to the Belgian gas market comes from the presence of existing players 16
New Market Entrant Opportunities, Gas 16
New Market Entrant Threats, Gas 16
MCI Scores 17
APPENDIX 20
Definitions 20
Ask the analyst 25
[Inhaltsverzeichnis ausblenden]

Table 1: Market Competitive Intensity, Belgium 2008-10 17
Table 2: MCI Additive, Europe 2008-2010 18
Table 3: MCI Multiplicative, Europe 2008-2010 19
Figure 1: MCI Assessment Scale 2
Figure 2: MCI Assessment Framework 3
Figure 3: MCI Market Coverage 4
Figure 4: MCI Scales 5
Figure 5: MCI Applications 6
Figure 6: European Power Market Competitive Intensity, 2008-10 7
Figure 7: European Gas Market Competitive Intensity, 2008-10 8
Figure 8: Power Market Competitive Intensity Index, Belgium 9
Figure 9: Gas Market Competitive Intensity, Belgium 12
Figure 10: Market Competitive Intensity, Belgium 15
Figure 11: Scale for MCI Assessment, Effectiveness of Regulator 20
Figure 12: Scale for MCI Assessment, Ease of Third Party Access 21
Figure 13: Scale for MCI Assessment, Effectiveness of Balancing and Data Transfer 21
Figure 14: Scale for MCI Assessment, Wholesale Market Fragmentation 22
Figure 15: Scale for MCI Assessment, Retail Market Fragmentation 22
Figure 16: Scale for MCI Assessment, Traded Market Maturity 23
Figure 17: Scale for MCI Assessment, Access to Market Information and Assistance 23
Figure 18: Scale for MCI Assessment, Consumer Representation 24
Figure 19: Scale for MCI Assessment, Propensity to Switch 24
[Tabellenverzeichnis ausblenden]