The Latest Market Competitive Intensity Report Examining the Gas and Power Markets of New Zealand is Now Available

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