Research and Markets: Market Competitive Intensity (MCI) -- Maryland Provides an...

Research and Markets: Market Competitive Intensity (MCI) -- Maryland Provides an Examination of Key Governmental, Legal and Political Influences on the Energy Sector

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/cf45d0/market_competitive)
has announced the addition of the "Market Competitive Intensity (MCI):
Maryland" country profile to their offering.

This series of market profiles covers 5 key markets in North
America. Each profile provides insight into market structures,
regulatory environments, supply and demand balances, assets, market
concentration and wholesale sources of energy.

Scope

- Detailed overviews of energy market dynamics, players and
trends.

- Detailed insight into market fundamentals, infrastructure,
national and regional legislation and supply and demand conditions.

- Understanding of the competitive environment in each market.

Highlights of this title

Each profile offers a supply and demand balance showing a
breakdown of both supply sources and consumption by end use sector.

Subsequent analysis provides a deeper analysis of supply and
demand dynamics by looking at factors such as indigenous production
trends, trade flows and current and historical sectoral demand trends.

The profiles also include a detailed analysis of each markets
regulatory structure. This provides an examination of key
governmental, legal and political influences on the energy sector.
Each profile also contains an overview of energy assets and
infrastructure at various stages of the value chain.

Key reasons to purchase this title

- Obtain up-to-date, relevant and standardised information on
North American energy market dynamics and markets from a single
source.

- Gain a logical framework to monitor market development trends,
identify opportunities and plan strategies.

- Save time tracking multiple information sources.

Key Topics Covered:

CATALYST

SUMMARY

ANALYSIS

Introduction: The MCI Index offers a robust framework for
measuring the development of energy Market Competitive Intensity

The MCI Index shows how attractive a particular market is to new
entrants in terms of the competitive environment

The MCI assessment draws on nine underlying metrics grouped into
three broad clusters: market framework, supplier push, customer pull

The MCI Index measures the development of 5 North American gas and
power markets

The MCI Index assesses markets in July 2008 and on 1st July 2010

Each of the nine pillars has an assessment scale to allow for the
comparison of diverse markets (see appendix for more details)

Two different methods of overall score calculation are used to
ensure full clarity of results

A simple weighted average (additive) measure shows overall
competitive intensity

A weighted multiple (multiplicative) measure shows overall
competitive intensity

The MCI framework has a number of applications for energy market
players

Context: Maryland's gas and electricity markets lacks effective
customer pull characteristic, which is an important indicator of any
developed energy market.

Robust market framework and supplier push have had minimal impact
on the retail side competition end of value chain.

Import dependent gas market in Maryland provides opportunity for
new entrant at the retail side.

Power MCI: Robust market framework and supplier push have had
minimal impact on the retail side competition end of value chain.

As an integral part of PJM network, Maryland reflects a robust
market framework with defined TPA and effective balancing mechanism in
place.

Effectiveness of Regulator (2008: 7/10, 2010: 8/10)

Ease of Third Party Access (2008: 10/10, 2010: 10/10)

Effectiveness of Balancing and Data Transfer (2008: 10/10, 2010:
10/10)

High level of concentration in wholesale and retail market pulls
down the score while robust trading market reduces the concentration
impact on supplier push

Wholesale Market Fragmentation (2008: 4.5/10, 2010: 5/10)

Retail Market Fragmentation (2008: 4.5/10, 2010: 6/10)

Traded Market Maturity (2008: 10/10, 2010: 10/10)

Lower switching activity indicates weak customer pull, though the
consumer representation and information availability remains strong

Access to Market Information and Assistance (2008: 8/10, 2010:
10/10)

Consumer Representation (2008: 6/10, 2010: 8/10)

Propensity to Switch (2008: 1/10, 2010: 2/10)

Gas MCI: Import dependent gas market in Maryland provides
opportunity for new entrant at the retail side

Maryland gas market has a robust market framework but import
dependence drags the overall score.

Effectiveness of Regulator (2008: 7/10, 2010: 8/10)

Ease of Third Party Access (2008: 10/10, 2010: 10/10)

Effectiveness of Balancing and Data Transfer (2008: 1/10, 2010:
1/10)

Direct dependence on import leads to a weaker supply side push

Wholesale Market Fragmentation (2008: 0.5/10, 2010: 0.5/10)

Retail Market Fragmentation (2008: 4.5/10, 2010: 6/10)

Traded Market Maturity (2008: 0/10, 2010: 0/10)

Weak customers pull on account of marginal switching.

Access to Market Information and Assistance (2008: 8/10, 2010:
9/10)

Consumer Representation (2008: 6/10, 2010: 8/10)

Propensity to Switch (2008: 1.75/10, 2010: 2/10)

Outlook: Maryland Power and Gas market shows improvement in
forecasted period

MCI Scores

APPENDIX

Definitions

Ask the analyst

List of Tables

Table 1: Market Competitive Intensity, Maryland 2008-10

Table 2: MCI Additive, North America 2008-2010

Table 3: MCI Multiplicative, North America 2008-2010

List of Figures

Figure 1: MCI Assessment Scale

Figure 2: MCI Assessment Framework

Figure 3: MCI Market Coverage

Figure 4: MCI Scales

Figure 5: MCI Applications

Figure 6: North America Power Market Competitive Intensity,
2008-10

Figure 7: North America Gas Market Competitive Intensity, 2008-10

Figure 8: Power Market Competitive Intensity Index, Maryland

Figure 9: Gas Market Competitive Intensity, Maryland

Figure 10: Market Competitive Intensity, Maryland

Figure 11: Scale for MCI Assessment, Effectiveness of Regulator

Figure 12: Scale for MCI Assessment, Ease of Third Party Access

Figure 13: Scale for MCI Assessment, Effectiveness of Balancing
and Data Transfer

Figure 14: Scale for MCI Assessment, Wholesale Market
Fragmentation

Figure 15: Scale for MCI Assessment, Retail Market Fragmentation

Figure 16: Scale for MCI Assessment, Traded Market Maturity

Figure 17: Scale for MCI Assessment, Access to Market Information
and Assistance

Figure 18: Scale for MCI Assessment, Consumer Representation

Figure 19: Scale for MCI Assessment, Propensity to Switch

For more information visit
http://www.researchandmarkets.com/research/cf45d0/market_competitive

Source: Datamonitor

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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