The Latest Market Competitive Intensity Report Examining the Gas and Power Markets of New Zealand is Now Available
DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/5643b0/market_competitive)
has announced the addition of the "Market Competitive Intensity (MCI):
New Zealand" report to their offering.
Datamonitors MCI Index offers a robust framework for measuring the
development of utility Market Competitive Intensity. The MCI
assessment draws on nine underlying metrics grouped into three broad
clusters: Market framework; Supplier Push; Customer Pull.
Scope:
-- Insight into the current levels of competitiveness in the gas
and power markets of 20 key Asia Pacific countries.
-- Benchmarking of the factors driving competition and market
entry in the gas and power sectors of the selected markets.
-- Analysis of how the selected markets are likely to evolve
given the currently prevailing market dynamics.
Highlights of this title:
-- MCI scores are calculated using two different methods. The
first, the simple weighted average (additive) measure shows
overall competitive intensity. The second, the multiplicative
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.
-- Liberalisation, energy pricing issues and environmental
concerns will remain key drivers of gas and power market
dynamics throughout the MCI forecast period.
Key reasons to purchase this title:
-- Assess the competitive environments of gas and power markets
both now and in the future.
-- Gain insight into value chain factors driving market
competitiveness and how each individual part of the chain will
evolve as competition develops.
-- Screen future market entry plans against the MCI scores to
highlight key areas of potential risk and opportunity.
Key Topics Covered:
-- The gas market in New Zealand has a strong market framework,
which is mainly due to the effective regulations in place and
a very effective balancing system.
-- Effectiveness of regulator (2007: 4/10 2010: 9/10)
-- The gas and electricity industries were deregulated in 1993.
Gas franchisee areas were removed and wholesale gas price
controls lapsed; retail price controls had already lapsed by
this stage.
-- In October 2004, amendments were made to the Gas Act 1992 to
provide for a co-regulatory model of gas governance. The
amendment set up an industry body, the Gas Industry Company
(GIC), which makes recommendations to the Minister of Energy
on improved gas industry arrangements, such as rules and
regulations in wholesaling, processing, transmission and
retailing. The GIC focuses predominantly on the downstream
sector rather than upstream issues, but is increasingly
regarded as a light touch in this respect. Overall, the GIC
lacks regulatory bite given it is largely an advisory body
answerable to the Ministry of Energy. However, all the
regulations governing price and non-price issues are in place
which should allow the GIC to gain greater autonomy in future.
-- Ease of third party access (2007: 5/10 2010: 6/10)
-- An open access regime exists in New Zealand, allowing non
discriminatory access to more than 3,400km of high pressure
gas transmission pipelines across the country. New Zealand has
two main transmission entities: Vectors transmission network
and the Maui pipeline, which is owned by Maui Development
Limited. There are more than 2,800km of intermediate, medium
and low pressure gas distribution pipeline networks in the
North Island, which are connected to the high pressure
transmission system.
-- Effectiveness of balancing and data transfer (2007: 5/10 2010:
6/10)
-- Supplier Push metrics remain largely constant over the
forecast period.
-- Wholesale market fragmentation (2007: 5.5/10 2010: 6/10)
-- Retail market fragmentation (2007: 7/10 2010: 7/10)
-- A wholesale traded gas market does not yet exist in New
Zealand.
-- As with many other Asia Pacific countries, New Zealand has
weak Customer Pull scores.
-- Access to market information and assistance (2007: 1/10 2010:
2/10) 13
-- Consumer representation (2007: 1/10 2010: 1/10)
-- Consumer representation remains limited in New Zealand in the
energy sector.
-- Propensity to switch (2007: 0/10 2010: 0/10)
-- Outlook: Competitive intensity in the power market will
continue to outstrip that seen in gas.
-- MCI Scores
-- List of Tables
-- List of Figures
For more information visit
http://www.researchandmarkets.com/research/5643b0/market_competitive
Source: Datamonitor
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
Fax (USA): 646-607-1907
Fax (International): +353-1-481-1716
Copyright Business Wire 2008
