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Evaluate the Opinion of Participants in the Energy Sector on Climate Change

Posted on: Wednesday, 10 May 2006, 15:03 CDT

Research and Markets (http://www.researchandmarkets.com/reports/c36773) has announced the addition of Climate Change and the Energy Sector to their offering.

The energy sector faces the challenges of: security of supply; keeping markets open and competitive; and meeting CO2 emissions targets. What does the sector think of this? This brief provides an analysis of opinion of energy executives. Sourced from a primary research survey with sixty one industry participants, principally in energy supply operations, accompanied by other industry stakeholders.

Scope of this title:

-- Analysis of opinion on climate change from energy suppliers and other industry participants.

-- A survey of sixty one energy company and industry participants.

Highlights of this title:

-- Security of supply is thought to be a greater challenge than CO2 emissions.

-- Nuclear power is thought to be needed to tackle climate change.

-- Executives doubt that the sector can effectively reduce customer demand.

Reasons to order your copy:

-- Consider the opinion of energy company executives on climate change and security of supply.

-- Understand energy company executives' opinion on the potential of nuclear power, gas infrastructure and renewable technologies.

Topics Covered

-- CATALYST

-- SUMMARY

-- METHODOLOGY

-- ANALYSIS

Security of supply is thought to be a greater challenge than CO2 emissions

Security of supply is considered to be the greatest challenge.

High gas and power prices are attributed to security of supply.

New nuclear build and new gas infrastructure are the favoured solutions.

Increased access to gas imports is considered most likely to reduce prices.

Nuclear power is thought to be needed to tackle climate change

Hydro and wind power are considered the best renewable options.

Prospects for wind power are uncertain.

It is only visible future subsidies that make executives believe in wind power.

New nuclear build is considered suitable for tackling climate change.

Executives doubt that the sector can effectively reduce customer demand

Energy may not be expensive enough to stimulate energy efficiency.

The EEC (energy efficiency commitment) may be unsuccessful.

Energy suppliers may not be ideal in implementing energy saving schemes.

-- APPENDIX

Appendix 2: In reducing energy, the EEC was a success.

Further reading

-- List of Figures

Figure 1: What do you believe to be the greatest challenge facing the UK power and gas sector? (Please rank 1st to 3rd)

Figure 2: Which one do you believe has been most responsible for the increases in gas and power prices this year? (Please select one)

Figure 3: How likely is it that the following actions will help solve existing problems with UK energy markets? (1-5 where 1 = very unlikely & 5 = very likely)

Figure 4: Can you please rate (1-5) the likelihood of the following actions actually reducing energy prices? (1-5 where 1 = very unlikely & 5 = very likely)

Figure 5: What do you believe to be the most suitable sources in reducing emissions from power generation? Rate (1-5) (1= least suitable & 5 = most suitable)

Figure 6: Do you think that the prospects for wind power are good or bad?

Figure 7: Summary table of verbatim comments on the prospects of wind power.

Figure 8: What do you believe to be the most suitable for managing climate change? Rate (1-5) (1= least suitable & 5 = most suitable)

Figure 9: Do you believe that energy is actually too cheap at the moment to encourage energy efficiency?

Figure 10: Has the energy efficiency commitment (EEC) been successful? (Yes/No)

Figure 11: Do you believe that power/gas suppliers are the best companies to be implementing energy saving schemes? (Yes/No)

Figure 12: Appendix 1: selected statements from respondents

For more information visit http://www.researchandmarkets.com/reports/c36773

Source: Datamonitor

Source: Business Wire

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